Genting and its subsidiaries own casinos in Egypt, Malaysia, Singapore, the U.K.
The share price in Genting Berhad, which Kim owns a 44% stake in, dropped 15% since June and 8.5% last month alone.īut Lim still presides over the Genting Group, a complex organization his father started in the late 1960s. His $250 million stake in Genting Hong Kong is now worth zero as it goes through bankruptcy proceedings. In April 2021, Lim was worth $2.7 billion, making him Malaysia’s 11th richest person. One of Malaysia’s richest men, Lim Kok Thay, has seen his fortune drop 30% since last year.
