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96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

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96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

In Xiamen University, Shanghai Jiao Tong University, Fujian Technical Normal University, there are "Lianxing Building", its donor is the ancestral home of Fuqing, Fujian, 96-year-old Indonesia's oldest richest man Lin Lianxing, he is the founder of Indonesia's top 30 enterprises Indonesia Khalida Group, from the weak crown to the elderly, from the determination to venture into the business world, to Tzu Chi Sangzi education, his life is perfect and legendary.

Someone asked him for the secret of success, Lin Lianxing said that success is like the stage of growth and development of life, it must be gradual and gradual, every step is important, and no step can be omitted.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success
96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Ancestral home of Fuqing, the perfect life of Lin Lianxing, the oldest richest man in Indonesia

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Lin Lianxing, founder of Indonesia Khalida Group

On the Forbes 2024 Global Billionaires List, if ranked by wealth, the 96-year-old founder of Indonesia's Harita Group, Lim Hariyanto Wijaya Sarwono, is worth $4 billion, making him the eleventh richest person in Indonesia, and he is also the oldest person on the Indonesian rich list.

Originally from Samarinda, Kalimantan, Indonesia, Lim Lianxing's family wealth comes from two major sectors: palm oil and nickel mining.

Lim Lianxing and his family hold a majority stake in Bumitama Agri, a Singapore-listed palm oil producer with palm plantations in Indonesia; In addition, they have a majority stake in bauxite mining company PT Cita Mineral Investindo Tbk (CITA). In March 2023, PT Trimegah Bangun Persada Tbk (NCKL), a nickel mining subsidiary of the Lim Luen Heng family, launched an IPO, which led to a sharp increase in the family's wealth.

On the Forbes real-time billionaire list on March 25 last year, affected by the IPO news of a nickel mining subsidiary, Lin Lianxing once jumped to the sixth richest person in Indonesia with a real-time net worth of US$4.9 billion.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Lin Lianxing, Cai Fengying and his wife

Lin Lianxing, formerly known as Lin Moulu, was born in Kalimantan, Indonesia in 1928, he is the second generation of overseas Chinese businessmen in Indonesia, and his ancestral home is Lianfeng Village, Donghan Town, Fuqing City, Fujian Province.

In 1914, due to the turbulent times, Lin Lianxing's father Lin Zuqin left his hometown and crossed the ocean to Kalimantan, Indonesia to make a living. Since then, Lin Zuqin opened a local Shengxing company, operating groceries, cloth, food and other businesses, because of the good management, coupled with integrity and reputation, Lin Zuqin in addition to commercial success, but also became a local overseas Chinese leader, in the 30s of the last century was elected as the chairman of the Longyilan Chinese Association and the head of the township.

Longyilan is a small town located more than 300 kilometers from Sammarinda, the capital of East Kalimantan, and can be reached by boat from the Mahagan River. Lin Zuqin, a local Huaxian of Longyilan, during his tenure as the chairman of the board of directors and the head of the township of Longyilan Chinese Association, saw the growing Chinese ethnic group and knew that the younger generations should inherit the responsibility of Chinese language and hometown, and after years of preparation, he founded Longyilan Zhonghua Primary School in 1936 in the U-shaped area on the right side of the Chinese Association and in the middle of the temple on the left.

It is worth mentioning that after hearing the good news of the founding of New China, Longyilan Zhonghua Primary School raised the first five-star red flag of New China in early 1950.

To Lin Lianxing's generation, he inherited his father's enthusiasm for the Chinese community, the spirit of love for his hometown, served as the chairman and honorary chairman of a number of local Chinese communities in Indonesia, he did not forget Sangzi, and successively donated tens of millions of yuan for charity and education in his hometown, donated to the dormitory of Lianfeng Primary School in his hometown in 1989, and in 1995 with his sister Lin Yuxiang in the name of his father, founded "Fuqing Zuqin Middle School", and also built a 11.3-kilometer "Zuqin Road" from Lianfeng Village to Donghan Town with his sister. In addition, Oriental Star Freshwater Aquaculture Co., Ltd. was co-founded by Lin Lianxing brothers and sisters in order to promote the economic prosperity and development of his hometown.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Biography of Lin Lianxing - "The Perfect Life in My Eyes"

In 1947, Lin Lianxing coincided with the disaster of his family, and his father Lin Zuqin regrouped and lacked a start, so he began to participate in the family business.

In 1951, Lin Lianxing, who originally planned to return to China to study, gave up the opportunity to return to China and officially helped his father run Shengxing Company.

In 1968, Lin Lianxing inherited his father's business and took over the Shengxing Company, under his helm, the company transformed from a retail trader to a diversified industrial group. Today's Indonesian Harita Group, with palm oil and nickel mining as the two major business cores, wood and mining as the pillars, diversified enterprise groups covering forestry, aquaculture, wood processing, nickel ore, gold mining, aluminum mining, palm oil, shipping, securities, real estate investment, oil and gas and other fields.

In 1976, Lin Zuqin passed away, and before his death, he entrusted all the family business to Lin Lianxing, and since then, Lin Lianxing has been more diligent and does not dare to slack off. In 1990, Lin Lianxing integrated its industries into the Indonesian Khalida Group, and personally served as the chairman of the group, which later became one of the top 30 conglomerates in Indonesia. In 2015, Lin Lianxing entered the list of Hurun's top 100 richest people in the world with a net worth of 13.5 billion yuan.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Lin Lianxing family

While his career is successful, Lin Lianxing is also actively engaged in the work of overseas Chinese associations and township associations, and serves the society through various channels, actively participates in charitable activities, and spares no effort for public welfare.

Lin Lianxing is the founder of the Indonesian Confucian Loyalty Foundation, one of the founders of the Samma Linda Traveler Association, and also serves as the first chairman of the permanent honorary presidium of the Indonesian Lin Clan Association, the honorary chairman of the Indonesian Chinese Association, the honorary chairman of the Indonesian Confucian Association, the senior advisor of the Jakarta Indonesian Chinese Alliance for China's Peaceful Reunification, and the honorary chairman of the Indonesian Alumni Association of Xiamen University. In recent years, he has become old, and his family members are still participating in the activities of overseas Chinese associations. For example, his sister Lin Yumei and niece Lin Huilan often gather with the villagers.

The everlasting foundation lies in the sustainable inheritance. In addition to his successful career, Lam also launched a generational succession project to hand over the diversified business to his children and other family members. In his 60s, he stepped down as chairman of the board of directors and handed over management of the company to his eldest son. His eldest son, who returned to Indonesia from United States with a master's degree from the University of Southern California, has been assisting him in managing the company's affairs. Currently, his son Lim Gunawan Hariyanto is the chairman and CEO of Bumitama Agri, and his daughter Lim Christina is the president of the securities company Harita Kencana Securitas.

Mr. and Mrs. Lin Lianxing and Cai Fengying held a platinum and diamond wedding celebration in 2020, and the couple had 8 children and countless grandchildren. Over the years, the children of the future generations have given strong support to Lin Lianxing's dream of "living to old age and learning to be old", as well as charity.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

Success must be gradual, and no step can be omitted

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

In 2020, Mr. and Mrs. Lim Luen Hing held their 70th anniversary platinum and diamond wedding celebration

In 2020, at the 70th anniversary platinum and diamond wedding celebration of Lin Lianxing and Cai Fengying, Lin Lianxing held a microphone and sang the song "Love Fights to Win". I remember that in 2001, he attended the 45th anniversary party of the College of Overseas Education at the Jiannan Auditorium of Xiamen University, and he also sang "Love to fight to win" on stage. Perhaps, the five words "love to fight to win" are full of his legendary perfect life.

From a weak crown to an old man, 96-year-old Lin Lianxing, from the business to the study journey he started in his later years for the dream of studying, he worked diligently and unremittingly, diligently, and lived to learn.

Someone asked him for the secret of success, Lin Lianxing said: "Success is like the stage of growth and development of life, it must be gradual, every step is important, but it takes time, and no step can be omitted." However, in the case of tangible things, we are more receptive to the concept of gradual progression, but in the spiritual realm, in relationships, in personal character, this principle is often overlooked, and we can see too many examples of opportunistic and futile efforts, especially in the corporate world. ”

Lin Lianxing's decades of business history is a kind of "no accumulation of steps to thousands of miles" step by step, he uses the persistence and tenacity of "love to win", step by step to the height of the cause that others can not reach. What is even more touching is that he has never forgotten the dream of giving up his study back to China at the age of 17, and at the age of 67, he took the study and research of Chinese culture as his lifelong pursuit, living and learning until he was old.

96-year-old Indonesia's oldest billionaire, Lin Lianxing, has a net worth of $4 billion, and there is no step to be omitted from success

In 2005, Lin Lianxing (front row, 3rd from left) attended the doctoral degree conferment ceremony of Shanghai Jiaotong University

In 1995, Lin Lianxing, then 67, who had handed over the family business to his eldest son, resolutely enrolled in the correspondence course of Chinese major at the School of Overseas Education of Xiamen University, becoming the oldest student in the history of the college.

In 1998, after the successful completion of the thesis defense, Lin Lianxing became a university graduate, and Professor Pan Shimo, then vice president of Xiamen University, personally awarded him a graduation certificate. ”

Lin Lianxing did not stop there, his study journey at Xiamen University gave him confidence and motivation, and he successfully passed the entrance examination for the MBA major of Shanghai Jiao Tong University and became a master's student. Seven years later, in October 2005, he received his Ph.D. in Business Administration from Shanghai Jiao Tong University at the age of 77.

From returning to school at Xiamen University at the age of 67 to receiving his doctorate at the age of 77, this tireless business giant has been studying for more than 10 years. In 2011, after hearing about Lin Lianxing's legendary study experience, the Guinness Headquarters of Shanghai Great World awarded him the honorary certificate of "The Best of Guinness in the Great World", and he became the "oldest foreign Chinese to obtain a doctorate degree" in Shanghai Jiaotong University. In the face of praise from the outside world, Lin Lianxing said: "Reading is my dream and my hobby, the degree is not important, I want to really learn by myself, and I must persevere in learning." ”

In addition, Lim Lianxing also participated in modern business management at the National University of Singapore, Chinese culture and history at Beijing Language and Culture University, and MBA in Singapore.

By the way, Lin Lianxing has donated generously to the cause of society and education, but his life is simple; Usually, he often exhorts himself with "self-reliance, hard work and simplicity". Lin Lianxing said: "We pursue careers, not for personal pleasure, we need to pay attention to the needs of society. ”

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