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Sudono Salim Net Worth

How rich is Sudono Salim?

Sudono Salim net worth:
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Sudono Salim net worth, biography and wiki:

Sudono Salim (16 July 1916 — 10 June 2012), also called Liem Sioe Liong, was a Chinese Indonesian businessman of Hokchia source. He was once considered the most affluent person in Indonesia. After moving to Jakarta in 1952, Salim enlarged his trading company by creating links with other ethnic Chinese businessmen in Singapore and Hong Kong. His soap factory became among the main providers to the Indonesian National Armed Forces. He afterwards enlarged into fabrics and banking, finally creating biggest private bank in Indonesia—the Bank Central Asia (BCA). Following a merger in 1968, he obtained the right to monopoly on clove importation. A joint venture with another Hokchia businessman became the biggest manufacturer of flour in Indonesia. Both of these firms were said to get supplied him with the capital to set up the cement giant Indocement in 1973. In 1990, he created the food manufacturer Indofood. By 1997, the Salim Group have US$20 billion in assets and contained more than 500 businesses employing over 200,000 Indonesians. Salim fled to Singapore during the May 1998 riots, when a mob burned his Jakarta home; his son continued to reconstruct the Salim Group.[ He finally settled in La in America. Salim has four sons and one daughter. Sudono expired on June 10, 2012 in the age of 95 from natural causes in Singapore (Raffles Hospital). Youthful cousin Lam Hak Lam , Hong Kong celebrated Performance Artist.

Sudono Salim Net Worth $655 Million Dollars


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