HomeNewsMalaysiaGenting’s Lim Kok Thay, NagaCorp heirs enter top 20 of Malaysia rich list

Genting’s Lim Kok Thay, NagaCorp heirs enter top 20 of Malaysia rich list

Genting Group’s Lim Kok Thay and the family of late NagaCorp founder Chen Lip Keong, both from the gaming sector, have ranked among the top 20 in Forbes’ 2026 list of Malaysia’s 50 richest individuals.

According to the magazine, Lim Kok Thay is ranked 15th, with an estimated net worth of $1.65 billion, while the Chen family ranks 20th with a net worth of $1.4 billion.

Lim, 74, is executive chairman of Genting Berhad, a casino and resorts group with operations across Asia, the United States and Europe. He stepped down as chief executive officer in February 2025 after nearly two decades in the role.

The group operates Malaysia’s only licensed casino at Resorts World Genting, alongside integrated resort assets in Singapore and the United States, including Resorts World Sentosa and Resorts World Las Vegas. It also has interests in the United Kingdom and the Bahamas.

Earlier this year, Lim was appointed chairman and director of Resorts World at Sentosa Pte Ltd, the operating entity of the Singapore integrated resort. He also serves as chairman and acting CEO of Genting Singapore, with responsibilities covering board oversight, strategy, senior management and risk controls.

The Chen family’s position is tied to NagaCorp, the operator of NagaWorld in Phnom Penh. The integrated resort holds a casino license through 2065, including a monopoly in the Cambodian capital until 2045.

Following the passing of founder Chen Lip Keong in December 2023, his son Chen Yiy Fon was appointed group CEO. NagaWorld is the largest casino resort complex in Indochina.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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