Tuesday, December 04, 2007

Asia's richest man takes Facebook stake - Technology - BrisbaneTimes

Asia's richest man takes Facebook stake - Technology - BrisbaneTimes: "Li, 79, will receive a 0.4 per cent stake in Palo Alto-based Facebook in return for his investment, according to a person familiar with the matter who requested anonymity. The cash is coming from Li's personal foundation, the person said. The billionaire's business interests, anchored by the Hong Kong conglomerate Hutchison Whampoa, are not involved."

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