Peter Lam is the son of the late industrialist tycoon Lim Por-yen and his second wife U Po-chu. Peter is Chairman of Lai Sun Development Company, Lai Fung Holdings,Hong Kong Tourism Board, and a director of e-Sun Holdings. In 2019, Peter became Chairman of the Hong Kong Trade Development Council (HKTDC).
Peter also owns Media Asia Entertainment Group and Clot Media Division.
Peter has gained notoriety in Hong Kong’s business, media and entertainment industry, as well as in Asia’s Hospitality and Food and Beverage industries.
In 2008, Peter established Lai Sun Dining. The group develops and operates high-end culinary concepts locally and abroad. Their portfolio currently encompasses 17 brands, 24 outlets, and 9 Michelin stars, including 3 Michelin-starred 8½ Otto e Mezzo Bombana, Beefbar, and China Tang in London, Hong Kong Landmark, and Harbor City.
Peter Lam Kin Ngok was born in 1957 in Hong Kong to Teochew parents. He is the son of the industrialist tycoon Lim Por-yen and his second wife, U Po-Chu. He has two brothers, Lam Kin Ming and Lam King Hong. At the age of thirteen, he was sent to Canada for four years of high school, after which he attended the University of Oregon where he graduated in 1987. After his graduation, he returned to Hong Kong to help his father, eventually becoming the vice-chairman of Lai Sun Group.
In 1997, Lam purchased Furama Hotel for HK$6.9 billion to rebuild it even though the idea was strongly opposed by his father Lim Por-yen. Unfortunately it is during the time Asian economic crisis struck and the property market nose-dived, forcing Lai-Sun Group to borrow money from banks, and this led them to be in debt of a hundred billion Hong Kong dollars
After this bad experience, Lam put more focus on his entertainment business. The first step to him becoming an entertainment magnate came in 2002, when the movie produced by his company, Infernal Affairs, enjoyed huge success. In 2004, Lam and Hong Kong singer Leon Lai started a music group- Amusic which recruited famous Hong Kong singers.
In 2009, Peter supported Sharon Cheung to start a free movie website “Goyeah.com”. This is the first time in Hong Kong movies were shared online for free. The website’s main revenue is from commercials
In 2011, Peter was awarded Honorary Doctorate by the Hong Kong Academy of Performing Arts, recognising his contribution to music & film industries and support to the academy.
On February 22, 2013, Hong Kong SAR government announced the appointment of Peter Lam Kin Ngok as the new chairman of Hong Kong Tourism Board replacing James Tien. In the same year, Lam was elected by members to the standing committee of the twelfth CPPCC national committee.