Perhaps oddly for a carrier with a reputation for launching innovative and disruptive new services, 3's genealogy is steeped in tradition. The parent company, Hutchison Whampoa, was formed in the nineteenth century. The firm takes its name from an early founding father, John Duflon Hutchison, and the site of one of the original business lines at shipping docks and repair yards in Whampoa. These days, Hutchison Whampoa is a Fortune 500, Hong Kong-based, multi-national corporation with five core businesses; ports, property, retail, energy and telecoms. It turned over $39.5bn in 2007 and according to Forbes magazine the firm's current chairman Li Ka-shing is the 1 1th richest man on the planet.
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