Lim Hariyanto Wijaya Sarwono Net Worth is$1,030 $Million
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Type: Private Company
Foundation: 1915
Industry: Natural Resources
Location City: Jakarta, Indonesia
Key People: Lim Gunawan Hariyanto (CEO), Gunardi Hariyanto Lim (Deputy CEO)
Num Employees: 30,000
The Harita Group is an Indonesian business conglomerate owned and controlled by the billionaire Lim family. The Group's core businesses are in the natural resources sector, which operates throughout Indonesia. Today, the Harita Group has businesses in Nickel Mining, Bauxite Mining, Palm Oil Plantations (Singapore listed Bumitama Agri), Shipping, Timber and Coal. According to Bloomberg, the Lim family has a net worth of US$1.8 billion. The family's patriarch, Lim Hariyanto Wijaya Sarwono, is listed as one of Forbes' 40 Richest Indonesians.
The Group was started in 1915 by Lim Tju King, an immigrant from the Fujian province of China. He started with humble beginnings by working hard labor and eventually saved enough money to open a small grocery shop in East Kalimantan, Indonesia. Eventually, his son Lim Hariyanto Wijaya Sarwono (currently the President Commissioner and Chairman of Harita Group) took over and moved into the timber business, first by trading timber logs and later on by building a small factory and diversifying in manufacturing of plywood in 1983.
Starting in the early 1980s, Lim Hariyanto's sons Lim Gunawan Hariyanto (CEO of Harita Group) and Gunardi Hariyanto Lim (Deputy CEO of Harita Group) started rapidly expanding the business through organic growth paralleled with a series of joint venture partnerships. They expanded their timber and plywood division, entered into gold mining in 1985 through a joint venture project with Rio Tinto Group named Kelian Equatorial Mining (KEM) (Harita Group owned 10% stake and Rio Tinto owned 90% stake) and later entered into coal mining (the Lanna Harita Project) in 1988. From there, the group continued to diversify into palm oil plantations (1996), bauxite mining (2005), and nickel mining (2006).
In April 2012, the Harita Group listed its palm oil division, Bumitama Agri, on the Singapore Exchange. As of October 2012, the market capitalization of Bumitama Agri is about US$1.5 billion dollars.
Harita is

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Lim Hariyanto Wijaya Sarwono Latest News

Another mining company found operating in flagrant violation of Indonesian law

His son, Lim Hariyanto Wijaya Sarwono, expanded the business through the establishment and acquisition of resource extraction companies. Harita has grown to include oil palm plantations, nickel, coal, and aluminum mines as well as timber and shipping ...
Posted: November 5, 2014, 5:02 pm

Lim Hariyanto Wijaya Sarwono, 87

Lim made his fortune in palm oil but has expanded to mining. He broke ground on the construction of a $320 million nickel smelter in Obi Island, South Halmahera in North Maluku province late last year. His Harita Group controls more than 120,000 hectares ...
Posted: July 1, 2016, 5:00 pm

Bakrie out of rich men’s club

“Looking at my wealth is nobody else’s business,” Lalu Mara told The Jakarta Post, quoting Aburizal’s own statement ... The list also included four newcomers. Among them was Lim Hariyanto Wijaya Sarwono, who made his debut after listing his ...
Posted: November 29, 2012, 7:55 pm
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