the conglomerate Salim Group to his son Anthoni Salim. By 1997, the Salim Group presided over US$20 billion in assets with more than 500 subsidiaries employing over 200,000 Indonesians. When the Asian Financial Crisis hit, the conglomerate incurred US$4.8 billion in debt and had to give up control of Bank Central Asia in 1998 to the Indonesian government for nationalization. BCA was then 30% owned by two offspring of Suharto. During the May 1998 riots, Salim fled to Singapore after a mob burned his home in Jakarta; his son remained back in Indonesia to ward off the mobs and resurrected the family business. Salim 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. Personal life Salim had three sons and one daughter. On June 10, 2012, a month before his 96th birthday, Salim passed away from natural causes in Raffles Hospital, Singapore. He is buried at the Lim Chu Kang Cemetery. References Bibliography Further reading External links Sudono Salim at Tokoh Indonesia 1916 births 2012 deaths Billionaires from Fujian Businesspeople from Fuzhou People from Semarang Businesspeople in the food industry People from Medan Businesspeople in manufacturing Indonesian people of Chinese descent Businesspeople in retailing People from Kudus Regency Businesspeople in shipping Chinese emigrants to Indonesia Indonesian bankers Indonesian billionaires Indonesian Buddhists People from Fuqing Suharto family and associates