#2196

Li Sze Lim

Hong Kong 69 years old Self-Made

Overview

Source of Wealth: Real estate
Industry: Real Estate
Residence: Guangzhou
Education: Chinese University of Hong Kong
Marital Status: Married
Children: 1

Assets

CT Environmental Group Ltd.

0 shares @ -

-

1363-HK
Guangzhou R&F Properties

1,087,093,000 shares @ -

-

2777-HK
I-CABLE Communications

0 shares @ -

-

1097-HK

Biography

Li Sze Lim cochairs Guangzhou-based R&F Properties, which he cofounded in 1994 with Zhang Li, also a billionaire.

The duo took the company public on the Hong Kong Stock Exchange in 2005.

His company soon diversified into hotels in partnership with Marriott, Hyatt and Hilton, and quickly expanded into shopping malls and offices.

With its $3 billion acquisition of 77 hotels from Wanda Group in 2017, R&F has become one of the world's biggest luxury hotel owners.

Amid China's real estate slump, the company is caught in liquidity troubles, with its Shanghai unit ordered by a local court in August 2023 to repay $170 million loans from financial institutions.