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From Wikipedia, the free encyclopedia

Kiat Lim
Lim in 2025
Born
Lim Wee Kiat

(1993-07-05) 5 July 1993 (age 33)
CitizenshipSingaporean
EducationUniversity of New South Wales
OccupationBusinessman
Years active2022–present
TitlePresident of Valencia
Spouse1
Children2
RelativesPeter Lim (father)

Kiat Lim (Chinese: 林伟杰; pinyin: Lín Wěijié; Lim Wee Kiat; born 5 July 1993)[1] is a Singaporean businessman.[2] He is the son of Peter Lim, a Singaporean businessman and owner of Spanish football club Valencia, and has been Valencia's president since 3 March 2025.[3][4]

Early life and education

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Kiat Lim studied at Nanyang Primary School, and then ACS International for his International Baccalaureate, before graduating from the University of New South Wales with a bachelor's degree in psychology in 2017.[1][5][6] Due to his father's wealth, Lim was among some of the wealthy persons targeted in a 2014 kidnapping in exchange for a S$50 million ransom.[7]

Career

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In January 2022, Kiat Lim co-founded ARC, a private social networking app based on non-fungible tokens, with Elroy Cheo of the family behind the edible oil business Mewah International.[8] In February 2022, Kiat Lim launched CO92 DAO, a professional football decentralized autonomous organization, to allow fans to own a stake in the sport.[9]

In July 2022, Lim acquired Singapore-based media company GRVTY Media, which publishes online news platforms Vulcan Post, Millennials of Singapore, and The Daily Ketchup podcast.[10] He was appointed as executive vice-chairman of Thomson Medical, a Singaporean medical group, on 1 September 2022.[11] In 2024, he led Thomson Medical to acquire Vietnam's FV Hospital for about US$381.4 million.[12][13] He is also currently the chairman of RSP Architects Planners & Engineers, an architecture firm.[11]

On 20 November 2024, Lim committed S$1 million to the Kiat Lim-Shaping Hearts Award, an arts scholarship and bursary programme for children and youth with disabilities.[14]

On 3 March 2025, Lim was appointed as the president of Valencia, which is also owned by his father, Peter Lim.[11] In June 2025, under Lim's leadership, Valencia raised €322 million to fund the completion of its new stadium, Nou Mestalla.[15] Construction of the stadium had originally begun in 2006, but was halted in 2009 due to financial difficulties after approximately €100 million had been spent on the initial concrete structure. Work on the project resumed in January 2025 following more than a decade of inactivity, with completion targeted for 2027. [16]

Personal life

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Kiat Lim is married and had a daughter born in 2021 and a son in 2023.[1][6]

References

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  1. 1 2 3 Hoh, Wong Kim (5 December 2021). "Is it wrong to be born fortunate? Kiat Lim on what it is like to be the son of billionaire Peter Lim". The Straits Times. Retrieved 6 March 2025.
  2. València, Andrés García (13 December 2023). "Kiat Lim ni está ni se le espera". Levante-EMV.
  3. "Kiat Lim, nuevo presidente del Valencia: heredero del imperio de su padre y socio de Cristiano Ronaldo". MARCA. 3 March 2025.
  4. "Kiat Lim se presenta en Valencia para tomar posesión como nuevo presidente". MARCA. 4 March 2025.
  5. Burgos, Jonathan. "Billionaire Peter Lim's Thomson Medical Aims To Spread Wings Across Southeast Asia". Forbes. Retrieved 6 March 2025.
  6. 1 2 "早人物:"股票经纪王"之子林伟杰 磨炼心志当资本 要当企业界蓝筹股". 联合早报 (in Chinese). 20 July 2024. Retrieved 7 March 2025.
  7. Lum, Selina (31 August 2016). "Sheng Siong kidnapping: Accused's first target was billionaire Peter Lim's children". The Straits Times. Retrieved 6 March 2025.
  8. "Sons of Singapore tycoons want to create an NFT club". The Straits Times. 6 January 2022. Retrieved 4 March 2025.
  9. Burgos, Jonathan. "Billionaire Peter Lim's Son Democratizes Sports Ownership With World's First Professional Soccer DAO". Forbes. Retrieved 4 March 2025.
  10. Salim, Zafirah (29 July 2022). "S'pore-based GRVTY Media acquired by Kiat Lim's Towerhill, raises funding to grow the company". Vulcan Post. Retrieved 4 March 2025.
  11. 1 2 3 "Peter Lim's son named as new president of Valencia football club". CNA. Retrieved 4 March 2025.
  12. VIR, Vietnam Investment Review - (12 July 2023). "Thomson Medical Group's Kiat Lim leads acquisition of FV Hospital". Vietnam Investment Review - VIR. Retrieved 7 March 2025.
  13. Sreenivasan, Ven (12 July 2023). "Thomson Medical buys Vietnam's largest private hospital for $517 million". The Straits Times. Retrieved 7 March 2025.
  14. Tan, Caelyn (20 November 2024). "$1m fund to support those with disabilities in S'pore through arts bursaries, scholarships". The Straits Times. Retrieved 4 March 2025.
  15. "Valencia owner Peter Lim in for long haul as club secure $478m financing for new, bigger stadium". The Straits Times. 26 June 2025. ISSN 0585-3923. Retrieved 7 April 2026.
  16. Coliseum (28 November 2025). "Valencia returns profit as revenues dip". Coliseum. Retrieved 17 April 2026.