Businessmen Politicians i

By : rudi_pandjaitan | on 4:39 PM June 08, 2017
Category : Cover Story, GlobeAsia Lists

1

Robert Hartono, 76 and Michael Hartono, 77

Djarum • Cigarettes, banking, industry, utilities

$18 billion

From banking to on-line retail, the Hartono brothers dominate Indonesia’s corporate landscape and have maintained their perch on the GlobeAsia rich list for the past eight years. Originally cigarette-makers with the Djarum brand, their empire now extends to Bank Central Asia (BCA), the country’s largest private bank, and high-profile property assets. Djarum remains the country’s third largest cigarette-maker. Over the past six years, the group has moved into the fast-growing on-line retail sector.

2

Anthoni Salim, 68

First Pacific • Food, investment

$12.4 billion

Anthoni continues to set a trail as a world-class businessman and entrepreneur. Best known in Indonesia for the Indofood empire, he is now partnering with Korea’s Lotte Group in e-commerce. Salim’s 11,000 Indomaret mini-mart outlets play a central role in the company’s e-commerce strategy. Salim operates palm oil plantations and palm oil mills, sugar plantations, flour mills and is a producer of packaged goods led by its instant noodle brands, which now have a presence as far away as Africa and the Middle East.

CEO BCA, Armand W. Hartono (left) with Group CEO Sinar Mas Land, Michael Widjaja.

3

Eka Tjipta Widjaja, 94

Sinar Mas Group • Palm plantations, pulp and paper, property, finance, energy

$10.8 billion

Eka is one of the true champions of Indonesian business. Already one of the largest pulp and paper producers in the world, his Sinar Mar Group is set to further cement its position in the sector with two new pulp and paper mills in Ogan Komering Ilir in South Sumatra. Sinar Mas Land is a huge presence in Jakarta while Sinar Mas Bank has a tie-up with Modalku, a P2P lending platform for SMEs. Sinar Mas Group is now controlled by four of Eka’s children.

4

Susilo Wonowidjojo, 60

Gudang Garam • Cigarettes, plantations

$10.5 billion

Susilo Wonowidjojo is the third son of founder Suryo Wonowidjojo and continues to control publicly listed PT Gudang Garam, one of the largest cigarette companies in Indonesia. He has been president director since he took over from his brother Rachman Halim. He introduced modern cigarette-making techniques as well as new ‘mild’ cigarette products. His factories now sprawl across the city of Kediri and across to Pasuruan in East Java. Susilo is known as a hard worker as well as a philanthropist. He has four children.

5

Chairul Tanjung, 55

CT Corp • Media, banking, retail

$4.7 billion

One of the richest indigenous Indonesians in the country, Chairul owns diversified businesses. He now has an agreement with global broadcaster CNBC to launch CNBC Indonesia, adding to his media stable which already includes Trans TV, Trans 7, TransVision, online news portal Detik and CNN Indonesia. Apart from media, he has interests in retail, property, banking, theme parks and airlines. He is the owner of the huge Carrefour retail chain, Bank Mega and a shareholder of Garuda Indonesia.

6

Sri Prakash Lohia, 64

Indorama • Textiles, garment

$4.3 billion

As the chairman and managing director of Indorama Corp., one of the world’s largest polyester producers, Sri Prakash Lohia has built one of Indonesia’s most global enterprises. Lohia has transformed Indorama from a textile producer to a petrochemical giant and the world’s largest producer of polyethylene terephthalate (PET) resin, used to make plastic bottles, through his investment arm Indorama Ventures Plc., based in London. Born in Calcutta, India, Lohia is related by marriage to the Mittal steel family and has one of the world’s finest collections of old books and lithographs.

 

7

Theodore P. Rachmat, 74

Triputra Group, Adaro • Mining, agribusiness, manufacturing, service

$4.1 billion

Part of the extended Astra clan of businessmen led by the late William Soeryadjaya, Teddy has built Triputra Group into a major diversified business. He has interests in rubber and palm oil plantations, coal, motorcycle distribution, credit provision and transportation, while ASSA Rent is the largest motor vehicle rental outfit in the country. Teddy is also a major investor in Adaro Energy, which operates the country’s second largest coal mine, and is now pushing into power generation.

 

8

Putera Sampoerna, 67

Sampoerna Strategic • Plantations, agribusiness

$4 billion

Having sold off his tobacco business a decade ago, Putera Sampoerna has focused on promoting entrepreneurship, education and women’s empowerment. His venture capital firm Sampoerna Wirausaha, known as Mekar, signed an agreement with the Indonesian Young Entrepreneurs Association (Hipmi) to provide loans to micro, small and medium enterprises. Putera is said to be working closely with the Clinton Global Initiative, established by former US President Bill Clinton, to promote education.

9

Aburizal Bakrie, 69

Bakrie Group • Investment

$2.6 billion

The businessman-cum-politician is no longer the chairman of the powerful Golkar Party. Aburizal Bakrie or ABR, as he is often known, heads the family that controls significant shares in Bakrie & Brothers. The group has interests in coal mining, media, manufacturing, telecommunications, plantations and property. Eldest son Anindya runs the media business and heads the Bakrie Center Foundation, which offers promising Indonesian students scholarships to study at top global universities. Not much has been heard this year about Aburizal’s debt-plagued Bumi Resources coal company, nor oil and gas company Lapindo, blamed by many for causing the huge mudflow at Sidoarjo in East Java.

10

Eddy William Katuari, 65

Wings Group • Consumer goods

$2.5 billion

Wings’ Mie Sedaap is one of the top five brands in Indonesia, with the instant noodles bought by most Indonesian households almost as a daily staple. Helmed by William Katuari, the Wings Group is one of Indonesia’s largest consumer goods producers with products ranging from detergents to noodles and coffee. Its products sell in more than 80 countries. His palm oil plantations produce oleochemicals and other raw materials for personal and home care products. Wings is now producing cement under the Elephant brand.

11

Sukanto Tanoto, 67

Royal Golden Eagle • Plantations, energy, pulp

$2.4 billion

In addition to his existing assets, Sukanto Tanoto’s vision is to become a major global LNG player. Under Pacific Oil and Gas, he has operations in Canada, Indonesia and China. Through Royal Golden Eagle (RGE) he is expanding his palm oil business while his pulp and paper business is grouped under APRIL. The group introduced a new sustainability framework under which it pledged that all pulp and paper companies under both the group and third-party suppliers will stop clearing natural forests until assessments are carried out to set aside land that is carbon-rich forest or has high conservation value.

12

Sjamsul Nursalim, 74

Gajah Tunggal Group • Tires, retail, property

$2.3 billion

Sjamsul Nursalim and his wife Itjih own the largest integrated tire manufacturing outfit in Southeast Asia. They also have a strong presence in Indonesia’s retail sector with Mitra Adi Perkasa (MAP), which operates more than 100 international brands including Starbucks, Burger King, Samsonite and Golf House. Daughter Sherry runs the family’s philanthropic activities which include a number of conservation projects.

13

Mochtar Riady, 88

Lippo Group • Property, retail, healthcare, technology, investments, media

$2.1 billion

One of Indonesia’s most innovative business leaders, Dr. Mochtar Riady has built Lippo Group into a pan-Asian diversified business empire. Dr. Riady, who turned 88 years old, inspired many by publishing a 336-page autobiography, My Life Story.

Earlier this year Lippo Group launched Meikarta City, a 2,000 hectare state-of-the-art development located between Jakarta and Bandung and at the heart of Indonesia’s largest industrial zone.  Meikarta sold over 16,000 units in the first day alone and is widely regarded as heralding the beginning of a much awaited for property boom.  This year Lippo through its publicly listed Siloam Hospitals, will open over 12 new hospitals, taking the number of hospitals the Group manages to over 43, including 3 in Myanmar.  

Lippo continues to expand across a wide range of consumer services, including department stores, cinemas, coffee shops, hypermarkets, and eCommerce - serving more nearly 120 million Indonesians each year.

 

14

Dato’ Sri Tahir, 65

Mayapada Banking Group • Duty-free retailing, banking, healthcare, property

$2.05 billion

The son of a rickshaw-maker from Surabaya, he founded Mayapada group in 1986. Today the group includes Mayapada Bank, hospitals and duty-free shops as well as interests in media and real estate. He has expanded his property business by buying a building in Japan. He was awarded the Bintang Jasa Utama medal of honor by President Joko Widodo. Tahir is well known as a philanthropist, backing Bill and Melinda Gates’ Global Fund and supporting his own Tahir Foundation.

15

Edwin Soeryadjaya, 67

Saratoga • Investments, coal mining, airline

$1.95 billion

Edwin co-founded Saratoga Investama Sedaya, the country’s largest private equity outfit, with Sandiaga Uno in 1998. His son Michael W.P. Soeryadjaya has now replaced Sandiago as the company’s president director. Edwin is also a shareholder of the Adaro coal mining company. A recipient of the Ernst & Young Entrepreneur Award, Edwin is the second son of Astra founder William Soeryadjaya. He owns one of the biggest motorcycle financing firms and is also active in the infrastructure business. He is chairman of the Christian University Foundation of Indonesia, which runs the Indonesian Christian University (UKI).

16

Peter Sondakh, 65

Rajawali Group • Energy, plantations, investment

$1.9 billion

Peter Sondakh sold a 37% stake in his palm oil company Eagle High Plantation for $632 million to Felda Global Ventures, a Malaysian state-owned company, and he has also released a stake in his media company to Dato’ Sri Tahir of Mayapada Group. Sondakh founded Rajawali Group in 1984 and has been active in the development of the country’s telecommunications, media, transportation, mining and cement industries. He is also a prominent hotel owner who operates the luxurious St. Regis hotels in Jakarta, Bali and Langkawi, Malaysia.

17

Eddy Sariaatmadja, 66, and Fofo Sariaatmadja, 54

Elang Mahkota Technology Group • TV, technology

$1.9 billion

Brothers Eddy and Fofo Sariaatmadja own television stations and investments in the country’s fast-growing e-commerce sector. The Emtek Group, which the brothers control, has invested in PropertyGuru Group, online shopping and marketplace Bukalapak.com, online voucher outfit Lakupon.com and travel and lifestyle website Bobobobo.com. Emtek subsidiary Kreatif Media Karya (KMK) owns and operates news portal Liputan6.com, one of the major news websites in Indonesia. The group’s TV stations are SCTV, Indosiar and O Channel.

 

18

Aksa Mahmud, 71

Bosowa Corporation • Cement, infrastructure, trading, energy

$1.8 billion

The founder of Bosowa has strong links to the world of Indonesian politics, with brother-in-law Jusuf Kalla the vice president and eldest son Erwin Aksa active in the Golkar Party. A father of five, Aksa has 12 grandchildren. He continues to oversee his growing business empire under Erwin’s leadership, helped by his other children. Bosowa’s businesses include infrastructure, manufacturing, finance, property and automotive spare parts.

19

Hary Tanoesoedibjo, 52

MNC Group • Media, finance, property, infrastructure

$1.75 billion

Hary Tanoesoedibjo has built the largest media company in Indonesia. He has teamed up with US property mogul and now US President Donald Trump to build a six-star luxury resort and residential development in Bali under the Trump Hotel Collection. He is building a toll road from Ciawi to Sukabumi, where he intends to build a range of properties including a theme park. His MNC Group launched MeTube, a video-streaming outfit that airs content from the group’s television programs. He is also active in politics as founder and chairman of the new Indonesian Unity Party (Perindo).

20

Haryanto Adikoesoemo, 71

AKR Corporindo • Oil trading, distribution, chemicals

$1.7 billion

Haryanto runs AKR Corporindo, the business founded by his father Soegiarto. The company is big in oil trading and distribution and logistics, and hosts an integrated industrial estate in Gresik, East Java which boasts its own port and aims to provide logistics, energy and infrastructure solutions to industries investing in Indonesia. AKR is also active in hotels with properties in Manado, North Sulawesi and Bali and other property interests in Jakarta, Bandung and Surabaya. Haryanto, an active art collector, is the force behind the development of the Museum of Modern and Contemporary Art in Nusantara (MACAN).

21

Ciputra, 85

Ciputra Group • Property, education

$1.6 billion

A pioneer of large-scale township development, Ciputra has always been keen to promote the importance of spreading entrepreneurial spirit.  At Jakarta Marketing Week 2017 in Jakarta in May, Ciputra called on the government to include entrepreneurship as a subject in the tertiary level curriculum. Provided with lessons about entrepreneurship, Ciputra expects university graduates to help create more employment. The Ciputra Group has expanded to China and India where he has built large townships, and at home the group’s residential and commercial property projects are in Java, Batam, Sulawesi, Sumatra and Kalimantan. Ciputra is well-known as a patron of the arts.

22

Martua Sitorus, 58

Wilmar International • Plantations, food, property

$1.6 billion

Having built his fortune in palm oil, the tycoon has expanded into property in partnership with his brother Ganda and partner William Kuok Khong Hong. Under Singapore-based Aroland Holdings, they are currently developing 1 Undershaft, planned to be one of the tallest skyscrapers in London, and also want to build one of the tallest buildings in Jakarta. The two brothers have also formed Gamaland Group in Indonesia, resuscitating the stalled Sentosa Residences development in East Jakarta. Flagship Wilmar is listed in Singapore.

 

23

Jakob Oetama, 86 and Lilik Oetama

Kompas Gramedia Group • Media, tv, hotels, bookstores

$1.6 billion

Jakob Oetama is a renowned figure in the Indonesian media. His contribution to the industry continues to be acknowledged and the Kompas Group has kept up with the switch from print to multimedia publishing. In May Jakob received a Lifetime Achievement Award from the Department of Communication, Social and Political Science of Gadjah Mada University in Yogyakarta, noting his important role in building the modern communication industry, and especially the world of journalism. His son Lilik Oetama now runs Kompas Gramedia Group.

24

The Nin King, 86

Argo Manunggal Group • Property, industry, textiles

$1.5 billion

Starting in textiles with Argo Pantes, the tycoon later turned to property with Alam Sutera Realty, developing major townships on the southern edge of Jakarta. Alam Sutera has forged a collaboration with China Fortune Land Development for a new integrated industrial city in Indonesia. He has also teamed up with Singapore’s sovereign wealth fund GIC to develop logistics warehouses in Indonesia over the next three years with a focus on the Greater Jakarta and Surabaya regions.

25

Handojo Muljadi, 51

Tempo Group • Pharmaceuticals, cosmetics

$1.5 billion

Tempo Scan Pacific is a veteran player in the pharmaceutical world with its well-known over-the-counter drugs such as Bodrex (for fever, cough and headache), Bodrexin (fever), Neo-Rheumacyl (muscle pain) and Hemaviton (a food supplement). The Muljadi family controls more than 70% of Tempo Scan through its investment company Bogamulya Nagadi. Kartini’s grandson, Richard Mulyadi, married Shalvynne Chang, a top model and actress who has starred in many Indonesian films.

26

Lim Hariyanto Wijaya Sarwono, 88

Harita Group • Mining, plantations

$1.45 billion

Lim made his fortune in palm oil but has expanded to mining. He was involved in the construction of a nickel smelter in Obi Island, South Halmahera in North Maluku province. His Harita Group controls more than 120,000 hectares of mature oil palm trees producing more than 1 million tons of crude palm oil. Bumitama Agri, a Singapore Stock Exchange-listed operation, is a joint venture with Singaporean billionaire Lee Shin Cheng, through his IOI Corp., and with Wilmar International.

27

Garibaldi “Boy” Thohir, 52

TNT Group, Adaro • Energy, mining, multi-finance

$1.45 billion

Teddy Thohir made his fortune out of automotive trading, multi-finance, property, energy and the mining business. Along with William Soeryadjaya, he founded Astra International and then went on to start the Adaro Group, one of Indonesia’s biggest coal mines. Oldest son Garibaldi is currently building a $830 million ammonia plant in South Sulawesi. Second son Erick, 46, runs the media-focused Mahaka Group and is the president and majority owner of Italian football club Intermilan FC. Teddy’s daughter Rika Thohir is low profile but is known to have her own business interests.

28

Benjamin Jiaravanon, 44, and Jialipto Jiaravanon, 42

Charoen Pokphand Indonesia • Animal feed, shrimp production

$ 1.4 billion

Charoen Pokhpand is currently acquiring convenience store franchise 7-Eleven from Modern Putra Indonesia, a unit of Modern Internasional group. The deal is estimated to be worth Rp1 trillion and is expected to be finalized before June 30. Charoen is part of the major Thailand-based group. In Indonesia, it is the country’s largest producer of animal feed, chicken meat and shrimp and has interests in other consumer goods. Founded by Sumeth Jiaravanon, siblings Benjamin and Jialipto run the Indonesian operation.

29

Suryadi Darmadi, 67

Duta Palma Nusantara Group • Palm oil plantations, property

$1.4 billion

Duta Palma Nusantara Group is a major player in the palm oil sector through PT Darmex Agro, controlling more than 120,000 hectares of plantations. PT Darmex Agro has become one of the largest palm-oil cultivation, production and exporting groups in Indonesia. To date, Darmex Agro owns eight plantation areas, spread across Kalimantan and Sumatra’s Riau province. The group also has property business in Jakarta and Pekanbaru, Riau. Suryadi Darmadi is the former owner of Bank Kesawan.

30

Djoko Susanto, 67

Sumber Alfaria Trijaya • E-commerce, retail, minimarts

$ 1.4 billion

Making Alfamart the top mini-market operation in the country is not enough for the management and owner of the company. Djoko has been pushing efforts to add outlets in the Philippines and has also formed a partnership with Thailand’s Ichitan Group and Japan’s Mitsubishi to produce and market green tea in Indonesia. At home, the company has set a target to see about 1,000-1,200 new outlets per year to ease the public’s access to fast-moving consumer goods.

 

31

Kiki Barki, 78

Harum Energy Group • Mining

$1.4 billion

Although coal prices have tumbled over the past years, Kiki Barki remains interested in the energy sector and is contributing to the national drive to build an additional 35,000 MW of power generation capacity. Harum was involved in a consortium including Arifin Panigoro’s Medco Group to take a controlling stake in Newmont Mining’s Sumbawa gold and copper mine. Harum has an estimated 487 million tons of coal reserves. Bandung-born Kiki has been active in the Chinese business community association while day-to-day operations of his company are now handled by son Lawrence.

32

Murdaya Poo, 76, and Siti Hartati Murdaya, 71

Central Cipta Murdaya • Property, manufacturing, power plants, IT

$1.3 billion

Siti Hartarti is now back leading the Indonesian Buddhist Council (Walubi) after a spell in jail for bribery. Her children now play a bigger role in the group she founded with husband Murdaya Poo. Son Prajna Murdaya, who is married to Irene Teja of Pakuwon Group, has taken control of the League brand of sports footwear. The Murdaya family, through Central Cipta Murdaya (CCM), is engaged in many diversified businesses through the group’s subsidiaries.

 

33

Hartadi Angkosubroto, 64, and Husodo Angkosubroto, 62

Gunung Sewu Group • Agrobusiness, property, life insurance

$1.3 billion

The Angkosubroto family controls Gunung Sewu group and is best known for its interests in the property sector through Duta Anggada. Both Hartadi and Husodo remain active in the property business with developments in various areas of Jakarta and other big cities in Indonesia. Husodo’s sister is married to Trijono Gondokusumo of Intiland, another significant player in the property business. The brothers own a life insurer, operate in the agribusiness sector with Great Giant Pineapple, while another unit produces footwear.

34

Dato Low Tuck Kwong, 68

Bayan Resources • Mining

$1.1 billion

Having recovered from the impact of falling coal prices, flagship Bayan Resources is now more focused on the domestic market, planning to ramp up production capacity at its largest mining site in Tabang, East Kalimantan, an operation of subsidiary Bara Tabang. Born in Singapore, Dato Low moved to Indonesia in 1972 and his operations spread across the national boundaries. In the city-state, he controls listed Manhattan Resources. His daughter Elaine Low has been groomed to take control of the business. She and Low’s other children are Singapore citizens, while Low himself has permanent resident status there.

 

35

Mu’min Ali Gunawan, 78

Panin Group • Banking, insurance, property

$1.1 billion

Mu’min Ali Gunawan or Lie Mo Ming was one of the founders and major shareholders of the three banks that merged into Panin Bank in 1971. Mu’min still serves as an adviser to PT Panin Bank Tbk. Mu’min’s group still does well out of the financial services business and it has significant interests in property along with Agung Podomoro Land in Senayan City, as well as other properties throughout Jakarta. His late wife was the sister of Lippo’s Mochtar Riady.

 

36

Rusdi Kirana, 54

Lion Air Group • Airlines

$1.1 billion

Rusdi is a deputy chairman of the National Awakening Party (PKB) and a member of President Joko Widodo’s presidential advisory board but he is best known as the founder of the Lion Group. Low-cost pioneer Lion Air muscled its way into the leadership of the domestic airline industry and the group now operates regional airline Wings and full-service Batik Air. The group has subsidiaries in both Malaysia and Thailand. Lion Air’s no-frills model is also proving a success in its other ASEAN ventures, while at the same time Lion Group planes are venturing further afield in the Asian aviation market.

 

37

Handojo Santoso, 53

Japfa Comfeed • Animal feed, property

$1.1 billion

Handojo has done well in leading the company which was founded by the late Teguh Santosa under the name Ometraco Group. Despite the setbacks it has been forced to navigate over the years, the group has been innovative in the way it approaches business. Recently Japfa Comfeed received a leading award for its efforts in the field of community social responsibility.

 

38

Husein Djojonegoro, 67

ABC, Orang Tua Group • Consumer goods

$1.1 billion

Already a big player in consumer goods, with products ranging from food to batteries, the Djojonegoro family has made the group’s name synonymous with success and trust among its regular consumers. Recently the group made strides to make its products available online in a tie-up with one of the biggest e-commerce players, Tokopedia. With the new collaboration the group is sharpening its focus on the fast-moving consumer goods market.

 

39

Martias Fangiono, 79, and Tjiliandra Fangiono, 41

First Resources • Palm plantations

$1.05 billion

The apple does not fall far from its tree, as Tjiliandra has not only inherited his father’s massive company, but also his business acumen. Tjiliandra has come far from the shadow of his father, taking the company to further success. The growth has been maintained to this day, with first-quarter reports for 2017 showing a positive result for the company. With the steady growth managed by the company, and government regulations that support the continual expansion of the business, the company is looking to recording a great year.

 

40

Arifin Panigoro, 71 and Hilmi Panigoro, 61

Medco International • Energy

$990 million

Arifin and Hilmi started oil and gas company Medco Energi Internasional in 1980. Arifin handed control to Hilmi when he became active in politics. Medco, the country’s biggest listed oil and gas firm, has assets in Indonesia and overseas in Libya, Oman, Papua New Guinea, Tunisia, Yemen and in the Gulf of Mexico in the United States.

41

Sugianto Kusuma, 66

Artha Graha Network • Property, banking

$980 million

Sugianto Kusuma, often known as Aguan, is a big name in the property development industry through Agung Sedayu. He is currently staying out of the limelight because of the much-disputed reclamation project in Jakarta Bay. The property mogul keeps himself busy with charitable activities for the community, and helping street vendors develop their businesses with help from his bank, Artha Graha.

42

Gunawan Jusuf, 63

Sugar Group • Sugar, bio-energy

$970 million

Heading one of Indonesia’s largest sugar producers with three active companies based in Lampung, Gunawan controls PT Gula Putih Mataram, Sweet Indo Lampung (producer of the popular Gulaku brand) and PT Indo Lampung Perkasa. In a new development, he is working with France’s Engie to jointly invest up to $1 billion over five years to develop photovoltaic and biomass power plants with a total capacity of 500 MW in Sumatra and eastern regions of the country.

43

Arini Saraswaty Subianto, 46

Persada Capital Group • Coal, investment

$960 million

Ninin is the heiress of the late Benny Soebianto, who along with TP Rachmat and Edwin Soeryadjaja were former PT Astra International executives. Benny founded investment company Persada Capital as a vehicle to operate in the coal industry and other sectors. She has an interest in Adaro Group, the country’s second-biggest coal miner, as well as in Teddy Rachmat’s Triputra Group, which runs a sprawling range of businesses in mining, plantations, logistics and industry. In the property business, she has an interest in the Legian Bali Hotel.

44

Johan Lensa, 67

J Resources • Property, mining

$950 million

Johan’s company is still going strong after getting approval for a rights issue. J Resources is looking to fetch $300 million. Funds from the issue will be distributed to subsidiary J Resources Nusantara to fund the development of two mines in Sulawesi. The company is also active in social and charitable works, including inaugurating a mosque in North Sulawesi and providing assistance to orphans.

 

45

Prajogo Pangestu, 67

Barito Pacific Group • Petrochemical

$940 million

Prajogo Pangestu controls the Chandra Asri Petrochemical Center and a number of subsidiaries include a joint venture with French tire producer Michelin. His Star Energy operates the 110 MW Wayang Windu geothermal power plant in West Java and has other oil and gas operations. The business also has interests in palm oil plantations in Kalimantan and in the property sector, where it controls an industrial park under PT Griya Idola. Son Agus now serves as president director of Barito Pacific, while Prajogo is the president commissioner. Last March Prajogo witnessed the wedding of his third son Baritono who is now deputy president director of Barito Pacific.

46

Jogi Hendra Atmadja, 71

Mayora Group • Food, property, financial

$930 million

Mayora Group’s Jogi Hendra Atmadja is one of Indonesia’s processed foods king. He makes wafer cookies, Roma biscuits and the famous coffee-flavored candy Kopiko. His family immigrated from China and started its first biscuit company, Inbisco Djaja, in the 1970s. Now Mayora has modern factories in Ciawi and Sukabumi in West Java, Pasuruan in East Java, Medan in North Sumatra and Makassar, South Sulawesi. Jogi is also expanding his business to tea beverages with top brands such as Teh Pucuk Harum, which pose direct competition to market leader Teh Sosro. He spends a lot on advertising and is now known as the producer of Le Mineral bottled water.

47

Tomy Winata, 59

Artha Graha Network • Banking, hotels, agribusiness

$920 million

An enigmatic business figure with a passion for conservation, Tomy, partner to Aguan at Artha Graha, is known for his Tambling Wildlife Nature Conservation Park in Lampung, which rescues endangered Sumatran tigers, a species increasingly at risk due to habitat destruction. His business empire includes major stakes in Jakarta’s Sudirman Central Business District (SCBD), the Borobudur Hotel and Bank Artha Graha. He has become well known for his humanitarian efforts through his social non-profit Artha Graha Peduli.

 

48

Hashim Djojohadikusumo, 63

Arsari Group • Investment, energy

$920 million

Hashim is the son of former finance minister and national figure Soemitro Djojohadikusumo, and brother of politician and businessman Prabowo Subianto, a 2014 presidential candidate. Hashim has also turned to politics and is now a member of the board of patrons of Prabowo’s Greater Indonesia Movement (Gerindra) party. He continues to head the Arsari Group, which has diversified interests in rubber plantations and tin mining and is developing renewable energy solutions including water power and bio-energy using the indigenous aren tree (arenga pinnata).

 

49

Jusuf Kalla, 75 and family

Kalla Group • Trading, heavy industry, shipping

$880 million

As the current vice president of Indonesia, Jusuf Kalla is no longer involved in his family business. Despite his absence, the group is still expanding. The Kalla Group has many infrastructure projects under construction in eastern Indonesia.

50

Alexander Tedja, 73, and Melinda Tedja, 73

Pakuwon Group • Malls, property

$880 million

The couple is the king and queen of malls in eastern Indonesia. Alexander and Melinda run leading property business Pakuwon Group, which has also made its mark in Jakarta with their prestigious superblocks Kota Kasablanca and Gandaria City. The group is expanding with the recent topping-off of Kota Kasablanka’s residential towers.

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