Peter Lim

Peter Lim built his reputation in the 1980s as Singapore’s “remisier king”, serving clients from Indonesia as a stockbroker. A remisier is a broker who earns solely from commissions, and Lim made millions in returns, cementing his nickname.

The Raffles Institution alumnus—who worked odd jobs as a cook, waiter and cab driver to fund his accounting and finance degree at the University of Western Australia—is now worth an estimated US$2 billion. His portfolio spans healthcare, property, sports and lifestyle investments.

Lim owns the mainboard-listed Thomson Medical Group, formed after his firm Rowsley acquired the healthcare operator for S$1.6 billion in 2017. In August 2025, the group unveiled a S$5.5 billion (RM 18 billion) integrated healthcare and lifestyle development in the Johor–Singapore Special Economic Zone. The 10.5-hectare site will feature a 500-bed hospital, aged-care and assisted-living facilities, a five-star hotel and serviced apartments—strategically located near the RTS Link terminal connecting Johor Bahru and Singapore. The announcement sparked a 22 per cent surge in Thomson Medical’s share price, underscoring investor confidence in Lim’s regional healthcare vision.

A long-time collaborator of the Johor royal family, Lim’s architecture and engineering firm RSP Architects Planners & Engineers was also commissioned in 2025 to design a US$200 million (RM 845 million) private royal waterfront estate in Desaru, further expanding his cross-border footprint.

Lim purchased Spanish football team Valencia CF in 2014 for about S$605 million, and in March 2025, his son Kiat Lim became the club’s president, marking a generational handover in the family’s stewardship.

A committed philanthropist, Lim has funded S$1 million in meals for frontline healthcare workers during the 2020 pandemic, S$3 million for a peace-studies professorship at NTU, and S$10 million in scholarships for the Singapore Olympic Foundation.

Today, Lim’s focus on healthcare infrastructure, real-estate development and lifestyle assets reflects his instinct for long-term value and his quiet influence on Southeast Asia’s evolving investment landscape.