Anthoni Salim, also known as Liem Hong Sien (, born 25 October 1949), is an Indonesian businessman and investor. He is the head of the conglomerate

Salim Group The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family held majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indones ...

and the chairman of

First Pacific First Pacific Company Limited () is a Hong Kong-based investment management and holding company with operations located in Asia. It involves telecommunications, consumer food products and infrastructure. History * 1981: First Pacific Financ ...

, a Hong Kong-based investment management firm.

Early life

Salim was born in Kudus,

Central Java Central Java ( id, Jawa Tengah) is a province of Indonesia, located in the middle of the island of Java. Its administrative capital is Semarang. It is bordered by West Java in the west, the Indian Ocean and the Special Region of Yogyakarta in t ...

(a town nearby the main provincial capital city of

Semarang Semarang ( jv, ꦏꦸꦛꦯꦼꦩꦫꦁ , Pegon: سماراڠ) is the capital and largest city of Central Java province in Indonesia. It was a major port during the Dutch colonial era, and is still an important regional center and port today. ...

) to entrepreneur

Sudono Salim Sudono Salim (16 July 1916 – 10 June 2012), also known as Liem Sioe Liong, was a Chinese-born Indonesian banker and businessman. He was the richest individual in Indonesia. He was the founder and chairman of the conglomerate Salim Group bef ...

(1916-2012) and Lie Las Nio (1921-2015). His father was an emigrant turned naturalized Indonesian citizen who settled in Kudus before emigrating to

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

. His mother was a local-born full-blooded Chinese. His father founded of the Salim Group, which Anthoni acceded after his father's death. He completed his education in 1971 at Ewell County Technical College (now North East Surrey College of Technology) in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

. Despite not excelling in his studies, his return to Indonesia led him to become a successful businessman and investor. During the

May 1998 riots The May 1998 riots of Indonesia ( id, Kerusuhan Mei 1998), also known as the 1998 tragedy (''Tragedi 1998'') or simply the 1998 event (''Peristiwa 1998''), were incidents of Riot, mass violence, mass protest, demonstrations, and civil unrest ...

, his family's home was set on fire and he fled to

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. After the riots subsided, he returned to Jakarta to rebuild his conglomerate and to pay off some $5 billion in remaining debt.

Career

In 1998, during the Indonesian

monetary crisis A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...

, Salim's father handed the company to Anthoni while the company had high debts. Now, he controls many of Salim Group's subsidiaries such as

Indofood PT Indofood Sukses Makmur Tbk is a major Indonesian company involved in the food industry. The company's headquarters are located in South Jakarta, Jakarta. History Indofood was founded in 1968 as Lambang Insan Makmur, an instant noodles busin ...

and

Indomaret PT Indomarco Prismatama or Indomaret (short for Indonesia Market Retail) is a chain of retail convenience stores from Indonesia, with over 18,000 stores across Indonesia. It is the first and largest chain of this kind of store in Indonesia. Indom ...

. He is the Chairman of

since 2003, after serving as a director since 1981. He is listed as substantial shareholder (74%) of

Indofood Agri Resources Indofood Agri Resources Ltd. (shortened as IndoAgri) is an investment holding company and a subsidiary of . Through Anthoni Salim's First Pacific and Indofood, he owns 74% of the company's voting rights. The company is listed on Singapore Exchang ...

, a Singaporean agriculture holding company often criticized for working with dubious shadow companies involved in obtaining palm oil from undisclosed, contested land. Forbes listed his net worth at $8.5 Billion as of December 2021.

Family

At the age of 25, Salim married Siti Margareth Jusuf. They have three children. His oldest son, Axton (born 1979), studied business administration in Colorado and has leading roles in Salim Group's companies. He is a director of

since 2009, and non-executive director of

IndoAgri Indofood Agri Resources Ltd. (shortened as IndoAgri) is an investment holding company and a subsidiary of . Through Anthoni Salim's First Pacific and Indofood, he owns 74% of the company's voting rights. The company is listed on Singapore Exchang ...

since 2007. His youngest son, Alston, has become a fashion designer and

cosplay Cosplay, a portmanteau of "costume play", is an activity and performance art in which participants called cosplayers wear costumes and fashion accessories to represent a specific character. Cosplayers often interact to create a subculture, ...

er.

References

{{DEFAULTSORT:Salim, Anthoni 1949 births Living people Indonesian investors Indonesian money managers Indonesian people of Chinese descent People from Kudus Regency