Asia’s ultra-rich get ready to pass on more than $125b of wealth to heirs

Li Ka-shing, former chairman and senior adviser of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd., waves from his car as he leaves the companies' annual general meetings in Hong Kong, China, on Thursday, May 10, 2018. The 89-year-old tycoon, who announced his retirement plans in March, resigned as chairman of the two companies today. His eldest son, 53-year-old Victor Li, will take over. Photographer: Anthony Kwan/Bloomberg

It’s been a mournful start to 2019 for two of Asia’s richest families.

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