Education
But he continued his education in later years and studied at Leder & Schoenindustrie in the Netherlands.
But he continued his education in later years and studied at Leder & Schoenindustrie in the Netherlands.
Soeryadjaya co-founded Astra, then a trading company, in 1957. The company grew to become Indonesia"s largest automobile retailer and the country"s biggest company by market value. The company, which also owns finance, plantation, auto parts manufacturing, heavy machinery and mining services and automotive businesses, sells Honda motorcycles, Bayerische Motoren Werke, Daihatsu, Peugeot, Citroen and Toyota vehicles throughout Indonesia.
In March 2010, Astra overtook Telkom Indonesia to become Indonesia"s most valuable company.
Soeryadjaya lost control of Astra in 1992, when he sold most of his family"s shares in order to rescue his eldest son"s (Edward Soeryadjaya) Summa Bank, which had suffered from a cr crisis and finally collapsed. He personally guaranteed all Summa Bank depositors their money back, and all depositors received their money back with interest without using any bailout package from the government at the expense of his ownership in Astra.
In 2009, Forbes magazine rated the Soeryadjaya family as Indonesia"s 18th wealthiest family. William Soeryadjaya died at Medistra Hospital in Jakarta on April 2, 2010, at the age of 87.