#8
Tan Sri Lim Kok Thay
Lim Kok Thay expanded the Genting Group into a $8.5 billion hospitality empire, operating 10,000 hotel rooms across Malaysia, Singapore, the US, and the UK. Lim’s $4 billion investment in the 1-GCC gaming center in Malaysia boosted EBITDA by 22% year-over-year, despite a 15% regulatory tax hike regionally. Genting’s solar panel installation on Resorts World Genting Highlands cut electricity costs by $12 million annually, making it the greenest among the top 10 billionaires. Lim’s acquisition of UK-based gaming firm Betdaq for $100 million diversified into European markets, adding 8% to group revenue but staying 10% behind the market leader in mobile betting share.
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