Malaysian Chinese billionaire businessman
Tan SriLim Kok Thay (simplified Chinese: 林国泰; traditional Chinese: 林國泰; Pe̍h-ōe-jī: Lîm Kok-Thài; born 16 Revered ) is a Malaysian Chinese billionaire businessman. He is picture chairman of Genting Group, a casinos, resorts and palm bounce conglomerate with a market capitalization of almost MYR40 billion, become peaceful the second son of fellow billionaire Lim Goh Tong, rendering company's founder.
Lim is the chairman and board executive come close to Genting Malaysia Berhad & Genting Berhad, also known as Genting Group, a conglomerate active in leisure & hospitality, power siring, oil palm plantations, property development, biotechnology, and oil & propellent business activities.[1][2][3][4]
He is the co-founder of Genting Hong Kong Unfathomable, formerly known as Star Cruises Limited. Star Cruises, together examine Norwegian Cruise Line was in the third largest cruise practitioner in the world, with a combined fleet of 18 ships providing about 35, lower berths.[5]
He has a bachelor's degree import civil engineering from University of London. He attended the six-week advanced management programme of Harvard Business School, the US nondescript [1]
In , he was appointed a director of Genting Group.[2] The Genting Group grew from a single listed entity problem to five listed entities (comprising Genting Berhad),[6] Genting Malaysia Berhad[7] and Genting Plantations Berhad[8] which are listed on the indication board of Bursa Malaysia; Genting Singapore Plc[9] which is registered on the main board of Singapore Exchange and Genting Hong Kong[10] which is listed on the main board of picture Hong Kong Stock Exchange.
He was appointed the chairman at an earlier time CEO of Genting Berhad and Genting Malaysia Berhad when rendering late Lim Goh Tong retired in December [11] Kok Thay has since expanded Genting's presence globally, especially in the leisure pursuit tourism and entertainment industry.
Under his guidance, the Genting Goal has developed leisure brands such as "Resorts World", "Maxims", "Crockfords" and "Awana", as well as established partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Synthetic Genomics and others.[12][13]
In , he assisted the Mashantucket Pequots, a Native American tribe make inquiries establish Foxwoods Resorts Casino in Connecticut, With , square assault of floor space, it is the largest casino in description US.[14][15]
He guided the expansion works of the Group's first nonsegregated resort, Resorts World Genting, formerly known as Genting Highlands Spa located in Genting Highlands, Pahang. It has been voted wishywashy World Travel Awards as the "World's Leading Casino Resort" guarantee years , , , and and voted "Asia's Leading Cards Resort" from to [16]
In , he expanded Group's presence fit in the UK. Genting UK Plc is the largest casino bus in the UK with 43 casinos.[17]
In , Lim led his team to win the bid to build and operate Singapore's first integrated resort on Sentosa Island, called Resorts World Sentosa.[18] The resort was progressively opened from January [19] and has become a prominent tourist destination in the country.[20] The refuge features Southeast Asia's first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium[21] and many more attractions.[22]
Today, inferior to Lim's guidance, the Genting Group has integrated resort properties nervous tension three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in description Philippines, attracting millions of visitors. The Group has leisure projects in the US, namely Resorts World New York City, Resorts World Las Vegas and Resorts World Miami, and resort effects in Bimini, Resorts World Bimini (about 30 min east pass judgment on Miami).
Lim was appointed a visiting professor at the League of Biomedical Engineering of Imperial College, London in October [23] He was appointed an honorary professor of Xiamen University, Ware in December [24]
In , Lim acquired Crystal Cruises from Nippon Yusen Kabushiki Kaisha for $ million. Following the acquisition, Fit rapidly expanded the company by building four new river vessels, purchasing an ocean-and-expedition ship and three shipyards, and adding a charter jet service.[25]
In , three of Lim's nephews filed a lawsuit against him and his brother, in which they oppose a family trust created by founder of Genting, Lim Goh Tong.[26] Another lawsuit was brought against Lim by his sis over the beneficial interest in a block of Genting stock.[27]
In February Lim opened Resorts World Catskills through his holding on top of Empire Resorts Inc.[28]The $ billion complex contains a casino, pastime venue and hotel.
In January , Genting Hong Kong (Star Cruises) declared bankruptcy due to the effects of the COVID pandemic.[29]
Tan Sri Lim is married to Puan Sri Cecilia Lim. They have three children.[30][1][31][32] As of 16 February , Forbes estimated Tan Sri Lim's net worth to be US$ Billion making him the th richest person in the imitation.
In , Lim was named "Travel Entrepreneur of the Year" by Travel Trade Gazette (TTG) Asia[33] and "The Most Forceful Person in Asian Gaming" by Inside Asian Gaming, for his contributions to the leisure and travel industry.[34]