If the person who has died didnât leave a will. If there is no will, a close relative of the deceased can apply to the probate registry to deal with the estate. In this case they apply for a âgrant of letters of administrationâ. If the grant is given, they are known as âadministratorsâ of the estate.
Mr. Li Ka-shing is the richest person of East Asian descent in the world and the 11th richest person in the world with an estimated wealth of US$26 billion (as estimated by Forbes). His primary operating company is Hutchison Whampoa Limited.
Nido Qubein is a businessman, motivational speaker, and President of High Point University since 2005. He received his Associate's Degree in Business from Mount Olive College, where he was a member of Î´ÏÎ´ (Delta Pi Delta) fraternity.