Page "Sudono Salim" Paragraph 3

Salim handed over management of the conglomerate Salim Group in 1992 to his son Anthony salim.

By 1997, the Salim Group possessed US $ 20 billion in assets and included more than 500 companies employing over 200, 000 Indonesians.

When the Asian Financial Crisis hit, the conglomerate incurred US $ 4. 8 billion in debts.

Salim fled to Singapore during the May 1998 riots, when a mob burned his Jakarta home ; his son remained to rebuild the Salim Group.

He eventually settled in Los Angeles in the United States.

Forbes magazine listed him as the 25th wealthiest businessperson in Southeast Asia in 2004 with a net worth of US $ 655 million.