Portrait of Sjamsul Nursalim

Rank #1452

Sjamsul Nursalim

Net worth $2.7B

Tires, retail · Indonesia

Born
Jan 19, 1942
Age
84
Source
Tires, retail
Residence
Singapore
Citizenship
Indonesia
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • The son of a rubber seller, Sjamsul Nursalim made his fortune in tire, property, coal and retail businesses.
  • His Singapore-headquartered Giti Tire is a global player, selling to more than 130 countries.
  • He owns a stake in listed retailer Mitra Adiperkasa, which operates Zara, Topshop, Steve Madden and other retail brands in Indonesia.
  • His family also owns a stake in Singapore-listed Tuan Sing Holdings, which develops and owns a range of properties.
  • Giti jointly developed the tires used in BYD's hypercar Yangwang U9 Xtreme, which set a new world speed record for mass-produced cars in September 2025.

Financial assets

Exchange Ticker Company Shares Price Currency