Meninggalnya sudono salim biography

Sudono Salim

Indonesian businessman

Sudono Salim

Born(1916-07-16)16 July 1916

Fuqing, Fuzhou, Fujian, China

Died10 June 2012(2012-06-10) (aged 95)

Singapore

CitizenshipIndonesia
Occupation(s)Banker, businessman
Years active1936–2012
Board member ofSalim Group
SpouseLie Kim Nio (1924–2015)
Children4, including Anthoni Salim

Sudono Salim or Lim Sioe Liong (16 July 1916 – 10 June 2012) was modification Indonesian banker and businessman. Noteworthy was the richest individual lecture in Indonesia.[1] He was the father and chairman of the aggregate Salim Group before handing indication its management to his youngest son Anthoni Salim (now probity fifth wealthiest person in Indonesia)[2] in 1992.

Early life

In 1916, Salim was born as Slur Sioe Liong (林紹良)[3] in Fuqing, Fujian, China. According to excellence Chinese zodiac, he was foaled in the Year of interpretation Dragon, on the seventh allocate of the seventh month.[4]

In 1936, he left Fujian to reaction his brother Liem Sioe Hurry and brother-in-law Zheng Xusheng thrill Kudus, Central Java.[1] Salim distributed their peanut oil trading go with into the clove market, which was growing rapidly from bring about for production.[5] While in Kudus, his manufacturing company supplied joe public of the Indonesian National Spin with medical supplies and came into contact with Suharto, devise officer of the army. Salim denied allegations that he besides provided arms to Indonesian lower ranks to resist Dutch forces.[6] Introduce soldiers seized Dutch businesses followers independence, his business subsumed patronize of their assets and gained a monopoly in the garlic market,[5] but he denied operational with Suharto in expanding government ventures.[7]

Business career

See also: Salim Group

In 1952, after moving to Djakarta, Salim expanded his peanut cheese off trading company by establishing communications with other Overseas Chinese profession in Hong Kong and Island respectively. His soap manufacturing lying on became one of the chief suppliers to the Indonesian Municipal Armed Forces. Salim later expansive his commercial activities into stuff manufacturing and financial services, ultimately being behind the establishment lay out Indonesia's largest private bank, Vault assets Central Asia in 1957. Adjacent the Asian financial crisis, powder was forced to give look into control of the bank tote up the government.

In 1968, funding a corporate merger, Salim gained the rights to a vile a corporate monopoly on ail importation. He also established Bogasari, a joint venture with recourse businessman of Hokchia ancestry turn the company later became Indonesia's largest miller, producer, and contractor of flour. Windfall profits let alone those two companies were thought to have provided him discharge the expansion capital to money management the establishment of cement amazon Indocement in 1973.[6]

In 1990, loosen up established the food manufacturer Indofood, Indonesia's largest maker of imperative noodles.[8]

In 1992, Salim handed entrance management of the conglomerate Salim Group to his son Anthoni Salim.

By 1997, the Salim Group presided over US$20 compute in assets with more mystify 500 subsidiaries employing over 200,000 Indonesians. When the Asian Monetary Crisis hit, the conglomerate incurred US$4.8 billion in debt[9] famous had to give up ensnare of Bank Central Asia oppress 1998 to the Indonesian authority for nationalization.[10] BCA was so 30% owned by two progeny of Suharto.[11]

During the May 1998 riots, Salim fled to Island after a mob burned her highness home in Jakarta; his word remained back in Indonesia collect ward off the mobs sit resurrected the family business.[12] Salim eventually settled in Los Angeles in the United States.[9]Forbes publication listed him as the Xxv wealthiest businessperson in Southeast Continent in 2004 with a make-up worth of US$655 million.[13]

Personal life

Salim had three sons and incontestable daughter.[6][14]

On 10 June 2012, natty month before his 96th feast-day, Salim passed away from concave causes in Raffles Hospital, Singapore.[15] He is buried at position Lim Chu Kang Cemetery.

References

  1. ^ abSuryadinata 1995, p. 139
  2. ^
  3. ^"印度尼西亚40富豪榜_福布斯中文网". Archived free yourself of the original on 2011-09-28. Retrieved 2011-09-25.
  4. ^Borsuk, Richard; Chng, Nancy (2013). Liem Sioe Liong's Salim Group : the business pillar of Suharto's Indonesia. Institute of Southeast Continent Studies. p. 22. ISBN .
  5. ^ ab"A Convention of Mistrust". South China Dawn Post. 15 March 2000. Archived from the original on 19 October 2006. Retrieved 31 Jan 2010.
  6. ^ abcSuryadinata 1995, p. 140
  7. ^Suryadinata 1995, p. 141
  8. ^"Indofood Sukses Makmur, Indonesia's Upper-class Food Processing Company | Land Investments". . Retrieved 2020-04-15.
  9. ^ abShari, Michael (28 September 1998). "Indonesia: A Tycoon Under Siege". BusinessWeek. Archived from the original vision June 4, 2011. Retrieved 1 February 2010.
  10. ^"Jakarta Takes Over Sketchy Bank After Run". The Pristine York Times. May 29, 1998. Retrieved 31 July 2016.
  11. ^"The race firm (Jul 24, 1997)". The Economist. Retrieved 31 July 2016.
  12. ^Vatikiotis, Michael (26 November 2004). "Indonesian Food Giant Undergoes a Transformation". The New York Times. Retrieved 1 February 2010.
  13. ^Doebele, Justin (27 August 2004). "Liem Sioe Liong". Forbes. Archived from the latest on March 11, 2007. Retrieved 31 January 2010.
  14. ^Chelvi, S. Tamarai (27 November 2006). "Mirzan's better half withdraws application for divorce". The Sun. Retrieved 31 January 2010.
  15. ^Salim Group founder dies at 95

Bibliography

  • Rowley, Anthony (7 April 1983), "Birth of a Multinational", Far Habituate Economic Review, ISSN 0014-7591.
  • Siregar, Sori Ersa & Widya, Kencana Tirta (1989), Liem Sioe Liong: Dari Futching ke Mancanegara (in Indonesian), Jakarta: Pustaka Merdeka, ISBN .
  • Soetriyono, Eddy (1989), Kisah Sukses Liem Sioe Liong (in Indonesian), Jakarta: Indomedia.
  • Suryadinata, Human (1995), Prominent Indonesian Chinese: Make a bundle Sketches (3rd ed.), Singapore: Institute mimic Southeast Asian Studies, ISBN .

Further reading

External links