Monday, 24 June 2024

John Lim, Group CEO and Executive Director, ARA Asset Management Limited

Singapore

Champion's Profile

Net Worth: $575 million John Lim is the cofounder of ARA Asset Management with $58 billion in assets under managementLim cofounded ARA in 2002 with the backing of Li Ka-shing. He manages close to 100 properties in the Asia-Pacific region. In 2016, he led the $1.78 billion privatization of ARA along with Warburg Pincus and China's AVIC Trust. Lim recently expanded the portfolio by splurging $575 million on stakes in Japan's Kenedix and Australia's Cromwell Property Group.

UNDP SDG

Education

Description and impact

The Lim Hoon Foundation is a private charitable trust created in August 2008 with the primary objective of promoting academic achievement for all students, at all levels, kindergarten through university with a focus on those from low income families. Our ultimate objective is to encourage the advancement of education through a wide range of philanthropic activities.