Who is Lim Kok Thay?
Lim Kok Thay is a billionaire based in Malaysia. He is chairman and shareholder at the Genting Group. He was born in August 1951. He is married to Cecilia Lim. He has one son (Keong Hui Lim). With his company Genting Hong Kong, he owns a cruise ship operator, active as Star Cruises. It is one of the largest cruise operators in the world.
The company is also active as Chrystal Cruises and operates Crystal Yacht Expedition Cruises. It owns the Crystal Esprit and is building the Crystal Endeavor. The next may be the Chrystal Equanimity?
Lim Kok Thay Net Worth
His net worth is $2.7 billion. Lim is married to Puan Sri Cecilia Lim. They have 3 children
He owns a Boeing 777 private jet, with registration P4-
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Who is Jho Low?
Malaysian born billionaire Low is the previous owner of the yacht Tranquility. He named her Equanimity. His ownership of the yacht was confirmed in a US Court case.
He is the co-
Low is the grandson of Chinese-
Low Family’s holding Company
Low’s father Tan Sri Larry Low Hock Peng is known as Larry Low. He continued to invest the family’s fortune in real estate and in stock markets.
The family’s investment holding company Strategic Resources Global Limited holds stakes in Coastal Energy and FrenckenGroup.
Larry Low was conferred Commander of the Order of Loyalty to the Crown of Malaysia. It was done by the King if Malaysia, which carries the title “Tan Sri”.
Jho Low Net Worth
His net worth was estimated at US$ 1 billion.
The US authorities filed a criminal case again Mr Jho Taek Low. Claiming that he transferred US$ 1 billion in funds from the Malaysian authorities to a private account.
The Complaint alleges that 1MDB formed a joint venture with a Saudi oil extraction company call PetroSaudi International. And that 1MDB initiated multiple funds transfers to the joint venture in relation to energy investments in Turkmenistan and Argentina.
1MDB is a strategic investment and development company wholly-
The Complaint alleges that the funds for this investment were improperly diverted to a bank account in Switzerland. The accounts were held in the name of Good Star Limited.
This company was beneficially owned not by PetroSaudi or the joint venture, but by LOW Taek Jho. This is now known as the 1MDB scandal.
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What Did Jho Low Buy?
The department of justice complaint alleges that Low used the US$ 1 billion for his private benefit. Some of the items he purchased:
He bought several pieces of art:
Also, he bought real estate:
He also bought a US$ 27 million 22-
Low often partied with celebs such as Paris Hilton, her sister Nicky Hilton, Miranda Kerr, and Lindsay Lohan.
In June 2017 the United States was starting civil forfeiture of all these assets. In February 2018 the yacht was seized by the Indonesian government on behalf of Malaysia and the USA. The Malaysian Prime Minister Najib Razak admitted Low was wanted by the Government.
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Lim Kok Thay House
We have not been able to identify the residence of mr Lim Kok Thay. We do know he lives in Kuala Lumpur, Malaysia. Do you have more information? Please do send us a message.