Lim Kok Thay
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|Lim Kok Thay|
|Born||1951 (age 65–66)|
|Alma mater||University of London|
|Net worth||US$4.67 billion (May 2017)|
|Title||Chairman and CEO, Genting Group|
|Parent(s)||Lim Goh Tong, Lee Kim Fa|
|Hanyu Pinyin||Lín Guótài|
|Hokkien POJ||Lîm Kok-Thài|
Tan Sri Dato' Lim Kok Thay (林國泰; born 1951) is a Malaysian businessman. He is the second son of Lim Goh Tong, the founder of the Genting Group and Puan Lee Kim Fa. With a net worth of $4.67 billion, he was once the richest person in Malaysia.
Lim is the chairman and chief executive officer (CEO) of Genting Berhad, the holding company of the Genting Group, a conglomerate which is involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology, and oil & gas business activities.
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships providing about 35,000 lower berths.
In 1976, he was appointed a director of Genting Berhad. The Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad), Genting Malaysia Berhad and Genting Plantations Berhad which are listed on the main board of Bursa Malaysia; Genting Singapore Plc which is listed on the main board of Singapore Exchange and Genting Hong Kong which is listed on the main board of the Hong Kong Stock Exchange.
He was appointed the chairman and CEO of Genting Berhad and Genting Malaysia Berhad when the late Lim Goh Tong retired in December 2003. Kok Thay has since expanded Genting's presence globally, especially in the leisure tourism and entertainment industry.
Under his guidance, the Genting Group 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.
In 1990, he assisted the Mashantucket Pequots, a Native American tribe to establish Foxwoods Resorts Casino in Connecticut, With 340,000 square feet of floor space, it is the largest casino in the US.
He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Resort. It has been voted by World Travel Awards as the "World's Leading Casino Resort" in years 2005, 2007, 2008, 2009 and 2010 and voted "Asia's Leading Casino Resort" from 2005 to 2010.
In 2005, he expanded Group's presence to the UK. Genting UK Plc is the largest casino operator in the UK with 43 casinos.
In 2006, Lim led his team to win the bid to build and operate Singapore's first integrated resort on Sentosa Island, called Resorts World Sentosa. The resort was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia's first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions.
Today, under Lim's guidance, the Genting Group has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in the Philippines, attracting millions of visitors. The Group has one leisure project in the US, namely Resorts World New York and two in development: Resorts World Las Vegas and Resorts World Miami, and a resort property in Bimini, Resorts World Bimini (about 30 min east of Miami).
Lim was appointed a visiting professor at the Institute of Biomedical Engineering of Imperial College, London in October 2009. He was appointed an honorary professor of Xiamen University, China in December 2007.
In 2009, Lim was named "Travel Entrepreneur of the Year" by Travel Trade Gazette (TTG) Asia and "The Most Influential Person in Asian Gaming" by Inside Asian Gaming, for his contributions to the leisure and travel industry.
- Genting Group
- Genting Berhad
- Resorts World Genting
- Resorts World Sentosa
- Resorts World Manila
- Resorts World Miami
- Resorts World Las Vegas
- Resorts World Bimini
- Montreign Resort Casino
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