New York - Online social network Facebook has received a $60 million investment from Li Ka-shing, the Hong Kong billionaire and chairman of network operator Hutchison Whampoa and Chinese portal Tom Online, AllThingsD reports. Li Ka-shing, who ranked 9th on Forbes' 2007 World's Billionaires list, also has an option to invest another $60 million in the company.

The funding comes on the heels of Microsoft's $240 million investment in Facebook last month.

Related Links:
http://snipurl.com/1ufpg (AllThingsD)

http://en.wikipedia.org/wiki/Li_Ka_Shing

http://www.facebook.com