How rich is Lim Kok Thay?
Lim Kok Thay net worth:
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Lim Kok Thay Net Worth, Biography, Wiki 2017-2016
Tan Sri Dato’Lim Kok Thay was born in 1959 in Malaysia, of Chinese ancestry, but other details are unknown in the media. He is an entrepreneur and businessman, best known to the world as the owner of the Genting Berhad, which is a part of the conglomerate Genting Group, which owns companies in several industries, including power generation, leisure & hospitality, property development, biotechnology and many other. Have you ever wondered how rich Lim Kok Thay is, as of mid-2017? According to authoritative sources, it has been estimated that Lim`s net worth is as high as $4.5 billion, which has been earned through his successful career in the business industry.
Lim Kok Thay Net Worth $4.5 Billion
Lim Kok Thay is the second son of the Tan Sri Lim Goh Tong who is the founder of the Genting Group, and his wife Lee Kim Fa. When it comes to his education, Lim graduated with a Bachelor of Science degree in Civil Engineering from London University, and then attended the Harvard Business School in the USA in 1979 taking an advanced management programme. His professional career began as early as 1976, when he became the director of the Genting Berhad; under his management, the company prospered greatly, expanding its business to several other countries, including Singapore and Hong Kong, including taking it to the world`s stock markets. He became the CEO of the company in 2003, and expanded its business to the UK, and the following year won the bid to build a resort in Singapore`s Sentosa Island, called “Resorts World Sentosa”. The result was finally opened in 2010, and since then has been operating with considerable success, increasing Lim`s net worth to a large degree. Lim has also been responsible for developing the leisure brands such as “Maxims”, “Awana”, “Resorts World”, and “Crockfords”. Additionally, Lim has partnered with such companies as Hard Rock Hotel, Universal Studios, and Synthetic Genomics, among many others, which has also increased his net worth.
These projects built on the success Lim had in 1990, opening the Foxwoods Resort Casino in Connecticut, in association with the Native American tribe, Mashantucket Pequots, which became the largest casino resort in the USA, and which also added a substantial amount to his net worth. To speak further of his accomplishments, he has clearly become one of the best businessmen when it comes to casinos, owning numerous hotels, and resorts; his Resorts World Genting was named as the World’s Leading Casino Resort in the years 2005, 2007, 2008, 2009 and 2010. Furthermore, his resort won Asia’s Leading Casino Resort title from 2005 until 2010 consecutively.
Nowadays, under his management the Genting Group has resort locations in three Asian countries, Singapore, Philippines, as well as Malaysia, the visitors to which help to increase Lim`s net worth to a large degree. Thanks to his accomplishments, Lim has received several prestigious awards, and recognitions; he received the national award title of “Tan Sri” from his Majesty Yang di-Pertuan Agong. Furthermore, he is listed as the sixth richest person in Malaysia by Forbes magazine, and was named the “Travel Entrepreneur of the Year” by Travel Trade Gazette Asia, among many other recognitions.
When it comes to his personal life, little is known about Lim Kok Thay in the media, other than the fact that he is married to Puan Sri Cecilia Lim, with whom he has three children.