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Chen Lip Keong

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Chen Lip Keong

Chen Lip Keong

Chen Lip Keong founded gaming company NagaCorp, which has a monopoly on gambling in Phnom Penh. NagaWorld, largest casino in Cambodia, listed in Hong Kong in 2006; controls more than half of the company. Stock price doubled since last year, propelling the former medical doctor to the billionaire ranks for the first time. Last November, he broke ground on Naga2 expansion, to be completed by 2015, which will include two new hotels, restaurants, entertainment complex and shopping area. Also controls Karambunai, a Malaysia-listed property developer and tourism company.

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