Sjamsul Nursalim was born in Indonesia. Nursalim has a fortune built on property, coal and the retail sector. He is betting on real estate with a stake in Singapore-listed Tuan Sing Holdings, which develops and owns a variety of properties. He also owns a stake in listed retailer Mitra Adiperkasa Iperkasa, which operates Zara, Topshop, Steve Madden and other store brands in Indonesia. He also has an investment in listed company Gajah Tunggal, which produces tires for cars and motorcycles.