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French president makes award to Li Ka-shing
(Agencies)
Updated: 2005-01-26 10:46

French President Jacques Chirac has made Chinese millionaire Li Ka-shing a member of the national order of the Legion of Honor, officials said.

French President Jacques Chirac has made Chinese millionaire Li Ka-shing a member of the national order of the Legion of Honor, officials said. [AFP]

Li, 76, recently carried out a friendly takeover of France's Marionnaud perfume retail group, in a deal worth 900 million euros (1170 million dollars).

The deal made the Watson unit of Li's Hong Kong-based Hutchison Whampoa retail conglomerate the world's biggest company in the toiletries sector.

Li is the richest man in Asia and the nineteenth richest in the world, according to Forbes magazine.

The Legion of Honor, which was founded by Napoleon Bonaparte, recognizes eminent service to the French republic.

Officials said the honor was awarded during a private ceremony at Chirac's Elysee palace.

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