Sjamsul Nursalim’s net worth, biography, fact, career, awards and life story

Net Worth: $950 Million

Sjamsul Nursalim Net Worth: Sjamsul Nursalim is an Indonesian businessman who has a net worth of $950 million. Sjamsul Nursalim amassed his wealth mainly through two companies: Mitra Adiperkasa, which is licensed to sell to huge conglomerates such as Burger King, Starbucks and Zara as well as Gajah Tunggal, a tire production company. Though the two companies have experienced periods of being only moderately successful and their shares have taken a downturn at times, Sjamsul Nursalim has remained on the Indonesia’s richest list. He also holds stakes in enterprises such as Polychem Indonesia and KMI Wire, as well as Tuan Sing Holdings. The bulk of his wealth seems to have come from Gajah Tunggal (a name meaning supreme elephant), although at last count Mitra Adiperkasa was engaged in the retail trading of clothing, shoes, toys and accessories, bags and sports equipment in Indonesia. The company primarily operates sports equipment, fashion, food and beverage, and lifestyle stores as well as department stores and supermarkets. The also operate several cafes and restaurants. It operates through 1,792 retail stores under approximately 150 brands. In the year 2008, The Business Times reported that false accusations were printed (by another media source), which perpetuated inaccuracies regarding ‘millions of dollars in emergency funds allegedly embezzled by Sjamsul Nursalim.’ The Business Times instead reported that Sjamsul Nursalim was never charged by the Indonesian authorities of any misappropriation.

You May Also Like

Mike Will Made It’s net worth, biography, fact, career, awards and life story

Mike Will Made It net worth and salary: Mike Will Made It is an American record producer who has a net worth of $10 million dollars. Mike Will Made It, also known as Michael Len Williams II, was born in Marietta, Georgia, and grew up in a musical family. He excelled at sports as a young man, playing basketball, football, and baseball. He initially intended to pursue a professional sports career. However, by the time he reached high school, he’d begun to make music. He began making his own beats and would practice on various instruments by playing the instrumental sections of popular songs he heard on the radio. He went on to attend Georgia State, but ultimately chose to drop out in order to pursue music production full-time. He began working with Gucci Mane in 2011, and word of his talent quickly spread. He has since worked with such Atlanta-based hip-hop artists as Future, Waka Flocka Flame, Rocko, and 2 Chainz. He has released four mixtapes, and his first studio album is set to drop in late 2014. One of his biggest hits so far is the 2013 Miley Cyrus song “We Can’t Stop”. Mike Will Made It is credited as one of song’s writers and producers. That song alone has sold millions of copies and the music video has been viewed hundreds of millions of times.
Read More