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Tan Sri The Malay language has a complex system of styles, titles and honorifics which are used extensively in Brunei, Indonesia, Malaysia, Singapore, and the southern Philippines. Brunei, Malaysia, Singapore and several provinces in Indonesia regul ...
Lim Kok Thay (; born 16 August 1951) is a Malaysian Chinese
billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
businessman. He is the chairman of
Genting Group The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore ...
, a casinos, resorts and
palm oil Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced from ...
conglomerate with a market capitalization of almost MYR40 billion, and the second son of fellow billionaire
Lim Goh Tong Lim Goh Tong (; 28 February 1918 – 23 October 2007) was a prominent wealthy Malaysian Chinese businessman & entrepreneur. He was renowned for his transforming Genting Highlands from an unexplored hilltop into one of the world's most successf ...
, the company's founder.


Career

Lim is the chairman and board executive of
Genting Malaysia Berhad Genting Malaysia Berhad () started in 1980 in Malaysia. In 1989, Genting Group and Resorts World Bhd underwent a restructuring exercise, which resulted in Resorts World Bhd acquiring from Genting Group of its entire gaming, hotel and resort-relat ...
&
Genting Berhad The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore ...
, also known as Genting Group, a conglomerate active 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 was a cruise line headquartered in Hong Kong and operating in the Asia-Pacific market. The company was owned by Genting Hong Kong. It was the eighteenth largest cruise line in the world after Carnival Corporation, Royal Caribbe ...
. Star Cruises, together with Norwegian Cruise Line was in 2011 the third largest cruise operator in the world, with a combined fleet of 18 ships providing about 35,000 lower berths. He has a bachelor's degree in civil engineering from
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...
. He attended the six-week advanced management programme of
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
, the US in 1979. In 1976, he was appointed a director of
Genting Group The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore ...
. The Genting Group grew from a single listed entity in 1971 to five listed entities (comprising
Genting Berhad The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore ...
), Genting Malaysia Berhad and Genting Plantations Berhad which are listed on the main board of
Bursa Malaysia Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...
; Genting Singapore Plc which is listed on the main board of
Singapore Exchange The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian ...
and Genting Hong Kong which is listed on the main board of the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
. He was appointed the chairman and CEO of Genting Berhad and Genting Malaysia Berhad when the late
Lim Goh Tong Lim Goh Tong (; 28 February 1918 – 23 October 2007) was a prominent wealthy Malaysian Chinese businessman & entrepreneur. He was renowned for his transforming Genting Highlands from an unexplored hilltop into one of the world's most successf ...
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 The Mashantucket Pequot Tribal Nation is a federally recognized American Indian tribe in the state of Connecticut. They are descended from the Pequot people, an Algonquian-language tribe that dominated the southern New England coastal areas, and t ...
, 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 Genting Highlands is a hill station located on the peak of Mount Ulu Kali in the Titiwangsa Mountains, central Peninsular Malaysia, at 1,800 metres elevation. Located in the state of Pahang. It was established in 1965 by the late Chinese busine ...
, formerly known as Genting Highlands Resort located in
Genting Highlands, Pahang Genting Highlands is a hill station located on the peak of Mount Ulu Kali in the Titiwangsa Mountains, central Peninsular Malaysia, at 1,800 metres elevation. Located in the state of Pahang. It was established in 1965 by the late Chinese busine ...
. 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 Resorts World Sentosa (abbreviation: RWS) is an integrated resort An integrated resort (IR) is a major resort property that includes a hotel with a casino, together with convention facilities, entertainment shows, theme parks, luxury r ...
. 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 Universal Studios Singapore (abbreviation: USS) is a theme park located within the Resorts World Sentosa at Sentosa, Singapore. It features 28 Theme park#Rides and attractions, rides, shows, and Theme park#Rides and attractions, attractions in ...
, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions. Today, under Lim's guidance, the
Genting Group The Genting Group is a company headquartered in the Wisma Genting in Kuala Lumpur, Malaysia. It comprises the holding company Genting Berhad (), its listed subsidiaries Genting Malaysia Berhad (), Genting Plantations Berhad (), Genting Singapore ...
has integrated resort properties in three Asian countries, namely
Resorts World Genting Genting Highlands is a hill station located on the peak of Mount Ulu Kali in the Titiwangsa Mountains, central Peninsular Malaysia, at 1,800 metres elevation. Located in the state of Pahang. It was established in 1965 by the late Chinese busine ...
in Malaysia,
Resorts World Sentosa Resorts World Sentosa (abbreviation: RWS) is an integrated resort An integrated resort (IR) is a major resort property that includes a hotel with a casino, together with convention facilities, entertainment shows, theme parks, luxury r ...
in Singapore and
Resorts World Manila Newport World Resorts (formerly Resorts World Manila) is an integrated resort, located in Newport City, opposite Ninoy Aquino International Airport (NAIA) Terminal 3, in Pasay, Metro Manila, Philippines. The resort is owned and operated by Tra ...
in the Philippines, attracting millions of visitors. The Group has leisure projects in the US, namely
Resorts World New York City Aqueduct Racetrack is a Thoroughbred horse racing facility and casino in the South Ozone Park and Jamaica neighborhoods of Queens, New York City, United States. Aqueduct is the only racetrack located within New York City limits. Its r ...
,
Resorts World Las Vegas Resorts World Las Vegas is a resort, mall, and casino on the Las Vegas Strip in Winchester, Nevada, United States. The property had been the site of the Stardust Resort and Casino until 2007, when Boyd Gaming demolished the resort to develop its ...
and Resorts World Miami, and resort property in Bimini,
Resorts World Bimini Resorts World Bimini Bahamas is a Caribbean beachfront resort and casino located on North Bimini Island. Opened in 2013, the resort is operated by the Malaysia-based Genting Group. Their corporate office for the southeast USA is located in do ...
(about 30 min east of Miami). Lim was appointed a visiting professor at the Institute of Biomedical Engineering of
Imperial College Imperial College London (legally Imperial College of Science, Technology and Medicine) is a public research university in London, United Kingdom. Its history began with Prince Albert, consort of Queen Victoria, who developed his vision for a cu ...
, London in October 2009. He was appointed an honorary professor of
Xiamen University Xiamen University (; Southern Min: ''Ē-mn̂g-toā-o̍h''), colloquially known as Xia Da (; Southern Min: ''Hā-tāi''), is a national public research university in Xiamen, Fujian, China. Founded in 1921 by Tan Kah Kee, a Chinese patriotic exp ...
, China in December 2007. In 2015, Lim acquired Crystal Cruises from Nippon Yusen Kabushiki Kaisha for $550 million. Following the acquisition, Lim 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. In 2017, three of Lim's nephews filed a lawsuit against him and his brother, in which they contested a family trust created by founder of Genting, Lim Goh Tong. Another lawsuit was brought against Lim by his sister over the beneficial interest in a block of Genting stock. In February 2018 Lim opened Resorts World Catskills through his holding company Empire Resorts Inc. The $1.2 billion complex contains a casino, entertainment venue and hotel. In January 2022, Genting Hong Kong (Star Cruises) declared
bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
due to the effects of the
COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...
.


Personal life

Tan Sri Lim is married to Puan Sri Cecilia Lim. They have three children. As of 16 February 2021, Forbes estimated Tan Sri Lim's net worth to be US$ 2.4 Billion making him the 1063th richest person in the world.


Recognitions

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.


Honours

* : ** Commander of the
Order of Loyalty to the Crown of Malaysia The Most Esteemed Order of Loyalty to the Crown of Malaysia ( ms, Darjah Yang Mulia Setia Mahkota Malaysia) is a Malaysian federal award presented for meritorious service to the country and awarded by the sovereign. The order was instituted on ...
(PSM) - Tan Sri (2002) * : ** Knight Companion of the
Order of the Crown of Pahang The Esteemed Order of the Crown of Pahang ( Malay: '' Darjah Kebesaran Mahkota Pahang Yang Amat Mulia'') is a knighthood order of the Sultanate of Pahang. History The order was founded by Sultan Abu Bakar on 27 December 1968. It is awarded ...
(DIMP) - Dato' (1991) ** Grand Knight of the
Order of Sultan Ahmad Shah of Pahang The Most Illustrious Order of Sultan Ahmad Shah of Pahang (Malay: ''Darjah Kebesaran Sultan Ahmad Shah Pahang Yang Amat Di Mulia'') is a knighthood order of the Sultanate of Pahang. History The order was founded by Sultan Ahmad Shah on 24 Oc ...
(SSAP) - Dato' Sri (2007)


References

{{DEFAULTSORT:Lim, Kok Thay 1951 births Alumni of the University of London Living people Malaysian businesspeople Malaysian people of Hokkien descent Malaysian people of Chinese descent Malaysian billionaires Malaysian chairpersons of corporations Commanders of the Order of Loyalty to the Crown of Malaysia