However, he joined Singapore’s billionaire list thanks to his majority stake in Universal Terminal, Asia’s largest oil logistics terminal, whose recent higher valuation has increased Kuin’s net worth significantly. In addition to the above, Lim also has a fleet of 100 tankers through the shipping arm Ocean Tankers that is run by his son Evan. As for his two daughters, they are also involved in the family business, which is one of the largest locally-owned independent oil trading companies nowadays. In order to satisfy the vast need of shipping, Hin Leong Trading even formed a tanker pool consortium with Denmark’s A.P. Moller-Maersk, Japan’s Mitsui O.S.K Lines, Singapore’s Samco Shipholding.