
HONG KONG – Hong Kong tycoon Li Ka-shing has reclaimed the top spot as Asia’s richest man after a seven-year gap, unseating India’s Lakshimi Mittal in the latest Forbes billionaires list released on March 8.
The 83-year-old Li is worth US$25.5 billion, according to Forbes, overtaking London-based Indian steel barron Mittal, who lost $10.4 billion last year as shares in his ArcelorMittal, the world’s biggest steelmaker, plunged.
Mittal, who also...