This approach to investment has seen him diversify his portfolio in recent years. He has invested in Fashion retailer FJ Benjamin, investment firm Rowskey, a chain of Medical clinics Healthway Medical, as well as a stake in brewery and restaurant Brewerkz. He is a well known figure on the Singapore and Malaysian Stock Exchange and any company his name is linked with instantly creates a buzz around that business. His incredibly successful business acumen has attained him a fortune of $1.6 billion according to Forbes Asia making him Singapore’s eighth richest man according to the magazine.
His life is certainly not all about business though and before the publicity surrounding his potential bid for Liverpool, he generally shied away from the media. In fact he is a known philanthropist back in Singapore where he has begun to give back large portions of his wealth to his pet cause: education:
“I think it’s very likely (that) a big part of my wealth will be directed towards education. It will be either a straight donation towards assisting educational institutions or maybe I’ll set up a foundation. Education must be cheap and accessible to anyone. For me, I was the son of a fishmonger, but I could still go to the best school. I had the opportunity to make money. There’s no discrimination. I think this policy of meritocracy actually works. It’s very, very fair and nobody can complain.”
Lim recently invested $7million to the Singapore Olympic Foundation to help train professional athletes, and his quite care free attitude towards money is apparent:
“It’s no different from what it was before I had the money. It makes no difference after apoint. Like what they say, you can only talk louder. You can only eat so much and fly so many trips. Money lets you enjoy a lot of things, but I don’t think I’ll die without money. I don’t think I’m eating a lot better than when I was a lot poorer than now. I don’t really go for very special kinds of food. I’m still very local. I like my mee siam, mee rebus and lontong.”
According to the BBC, Lim was willing to put his cash resources into the club to pay off the debt. The offer was very similar to the NESV proposal of £300m. At one point it was said Lim’s bid was ahead of NESV because of his larger cash resources and concerns that NESV were to use loans to buy the club. In fact, Lim was so confident of buying the club that he was looking at how he should announce the takeover. The report also suggests that he was willing to give Roy Hodgson tens of millions to spend in the January transfer window but the Liverpool board preferred the NESV because of their good track record in sports. It is now come to the attention to the BBC that Lim is willing to up his offer for the club in light of Liverpool’s court case with the American owners. With the sale already agreed with NESV though, it remains to be seen whether Lim still has a chance.
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This guy sounds good and he is not a yank .
Eh wrong new owner pal!! NESV have a contract in place ,they’ve won thats it.
If he gets a chance to bid again – then so will others – by November the situation will be clear but note I did not state which year.
This guy is gr8… He knws hw to do a job… And he is a billionarie …. Hope he is our new owner..,
it is believed in singapore that peter lim has business ownership in several Manchester United themed bars opened in Asia. so what is your take? is he good for liverpool?
hopefully u’s get someone cause rumour has it alot of the coaches on contract work round the club for the under age teams aint got paid in 2months!! scary times!!
Die-hard Liverpool fans would be good for Liverpool isn’t it? Let’s hope one of us Liverpool fans will take over the club. As much as we are rivals on the field, we should also be when it comes to bidding. C’mon fans~