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$30 Million Beijing Olympic Torch Lighters

Li Ning Cashes In

 

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Going Like Sixty
Going Like Sixty
2,882 Trends
8.5 MM Views
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Li Ning is lining his pockets with $30 million, all because of his starring role in the 2008 Beijing Olympic opening ceremony.

Li Ning is the former Chinese gymnast who was lifted on cables at the ceremony, then hoisted in the air where he jogged around the top of the Bird’s Nest to reach the Olympic caldron to light the torch.

Because he owns a Hong Kong stock market listed company, Li Ning Co. Ltd, shares were lifted five percent just on his appearance.

The company may need more cables to lift the stock to it’s former price since it is down 35% for the year.


 Score:
6.1
Peaked and Warm
3,705 Clicks in
78 w 1 d 4 hr 49 min
Pub: Aug 11, 08

REFERENCES
reuters

TAGS
business lifestyle olympics

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Reactions

FOUR WAYS TO REACT: vote, favorite, add more examples of $30 Million Beijing Olympic Torch Lighters or comment about Li Ning Cashes In.

Bianca Bartz on Aug 11, 08  4,698 Trends   3,894 Comments
Wow! I couldn't imagine a more fun (and fast) way to make $30 million!!!
Bianca Bartz on Aug 11, 08  4,698 Trends   3,894 Comments 0


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