The patriarch still remains in charge although day-to-day operations have long been controlled by his four sons. Susilo Wonowidjojo remains faithful to the cigarette business. After a free fall for most of , his Gudang Garam Tbk. Chairul Tanjung, Apart from media, he has interests in retail, property and theme parks.
Chairul rejected speculation that the group was struggling to pay off its US dollar-denominated debt, saying that the proceeds of the sale would be used to fund expansion. As the chairman and managing director of Indorama Corp. The company celebrated its 40th anniversary recently with a three-day bash. The group has interests in coal mining, media, manufacturing, telecommunications, plantations and property but has been plagued by debt issues for the past few years, most notably at coal miner Bumi Resources.
The group hit the headlines recently over reports of a sale of media assets to pay down debt but the company denied that bout of speculation. 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.
Synonyms and antonyms of agus in the Malay dictionary of synonyms
Its products sell in more than 80 countries and the group has carved out a strong presence in the Middle East and Africa. Palm plantations are operated through Gawi Makmur Group and Damit Mitra Sekawan produces oleochemicals and other raw materials for personal and home care products. Along with Thai group Siam Cement, Wings is now producing cement under the Elephant brand, and it has a packaging operation with Djarum Group. The group last year unveiled 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.
Mochtar Riady has built Lippo Group into a pan-Asian diversified business empire.
Steven T. Katz
With a particularly strong presence in the property market, the Lippo Group is positioned to benefit from the middle class boom and has continued to expand into new areas. Mochtar has a lifetime commitment to healthcare and education. 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.
With commodity prices sharply down, both Triputra and Adaro have seen a fall in revenue. A strong proponent of open markets, Teddy has been calling for Indonesia not to erect trade barriers. He and his wife Itjih own the largest integrated tire manufacturing outfit in Southeast Asia. The deal, he said, was premised on FGV providing technology for downstream processing.
He is said to have close ties with Malaysian Prime Minister Najib Razak and has been mentioned in Malaysian media as a possible investor in 1 Malaysian Development Bhd. He also owns the St. Regis hotels in Jakarta, Bali and Langkawi, Malaysia. The son of a rickshaw-maker from Surabaya, he founded Mayapada group in Today the group includes Mayapada Bank, hospitals and duty-free shops as well as interests in media and real estate.
Married to a daughter of Mochtar Riady, he recently expanded his property business by buying a building in Japan. Having built his fortune in palm oil, the tycoon is now expanding aggressively 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. The group also has investments in various other local websites including Bukalapak. He has teamed up with US property mogul and presidential aspirant Donald Trump to build a six-star luxury resort and residential development in Bali under the Trump Hotel Collection.
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He is building a toll road from Ciawi to Sukabumi, where he intends to build a range of properties including a Disney theme park. Renaissance Man Haryanto has a collection of some works of art and is behind the development of the Museum of Modern and Contemporary Art in Nusantara MACAN , which when it opens next year is expected to fill a large gap in the Jakarta art scene.
Jakob Oetama remains a major force in Indonesia media. The slowdown in print media has made the Kompas Group push for more opportunity in digital-based business, with Kompas. The printing business still makes money and the group also has publishing and bookshop operations. With the help of son Lilik, Jakob has diversified into a number of other areas. In a departure into manufacturing, the group makes tissue products.
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A father of five with 12 grandchildren, Aksa Mahmud continues to oversee his growing business empire despite having handed day-to-day operations over to his children. Already a major national player in infrastructure, manufacturing, finance, property and automotive spare parts, the group now has its sights set on becoming a global player under his son Sadikin, who took over as CEO last year. Djoko has also entered a joint venture with SM Investment to open Alfamart stores in the Philippines. Recently Alfamart donated free spectacles and school bags to thousands of school children in Jakarta.
The Nin King made his fortune in textiles with Argo Pantes but is now just as famous for his venture into property under Alam Sutera Realty, which has built a major township on the southern edge of Jakarta. The target is to achieve , sq m of net leasable warehousing to meet the demand for sophisticated inventory systems. Lim made his fortune in palm oil but has expanded to mining. His Harita Group controls more than , hectares of mature oil palm trees producing more than 1 million tons of crude palm oil.
Jialipto is having to fight back against a probe by the Business Competition Supervisory Commission KPPU into allegations that major feed producers have created vertically-integrated operations that have acted as a cartel to squeeze out smaller players. Benjamin controls the shrimp business in Lampung but that too has had problems in the past.
Agus, Jacob B. (Jacob Bernard) 1911-1986
Surya has seen his net worth tumble in line with lower global commodity prices. His Duta Palma Nusantara Group is a major player in the palm oil sector through Darmex Agro, which controls more than , hectares in Kalimantan and Sumatra.
He also owns properties in Jakarta and Pekanbaru, Riau. He failed to answer three summonses, saying he was sick. Kartini was a senior respected lawyer before she went on to start what over the last decade has become a major pharmaceutical and consumer goods company. It fell to Handojo to take control of the operations of the company.
Siti Hartarti is back to normal life after a short spell in jail for bribing a regional head to ease licensing processes for a palm oil project. The break allowed the second generation to take a bigger role in the group she founded with husband Murdaya Poo. The Murdaya fortune comes from Central Cipta Murdaya CCM , which is engaged in property, energy, manufacturing, retail and information technology. Siti is a leading figure in the Chinese-Indonesian business community and in the past was head of the Indonesian Buddhist Council Walubi. Both she and her husband have long been known as politically adept.
The Angkosubroto family of the Gunung Sewu group is best known for its interests in the property sector through Duta Anggada.
With older brother Hartadi still holding the reins and Husodo also active, the property unit owns and manages buildings in business areas throughout Jakarta and other big cities in Indonesia. The brothers also operate in life insurance, where Gunung Sewu is one of the biggest local names, the agribusiness sector with Great Giant Pineapple and a consumer goods division that produces footwear.
Hartadi said at the time that he believed there was a great future in coal, whose price then proceeded to collapse. Dato Low has not suffered the travails of so many in the coal business. His Bayan Resources has long-term contracts with national and international buyers that have softened the fall in coal prices.
Born in Singapore, he moved to Indonesia in but now his operations spread across the national boundaries. In the city-state, he controls listed Manhattan Resources. The two operations are a good fit: the Singapore-listed company operates logistics and other support services to the coal mining and oil and gas industries in Indonesia. His daughter Elaine Low has been groomed to take control of the company.
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His late wife was the sister of Mochtar Riady. The Department of Transportation nixed the plan because of possible safety issues due to overlapping flight paths. That leaves Lion wondering what to do with all that land. Lion Air pioneered the low-cost carrier market in Indonesia and its no-frills model is also proving a success in its other ASEAN ventures. Teddy Thohir made his fortune out of automotive trading, multi-finance, property, energy and the mining business. Oldest son Garibaldi runs Adaro and unlike many coal miners, it turned a net profit of Rp1.
With more than 40 food brands the operation competes head-to-head with Unilever Indonesia and the Mayora Group. Husain has handed much of the day-to-day work to his children, with son Hamid playing a leading role. He raised Rp4. Many cried foul, saying that represented illegal gratification. The family has a wide network of relationships within the business community, and is especially close to the Riady family.
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Martias is a respected veteran in the field of forestry and plantations in Sumatra and Kalimantan but he handed over control of Singapore-listed First Resources more than a decade ago. The power behind First Resources now is son Ciliandra Fangiono, who has played a pivotal role in developing the family business. He spent a couple of years working for Merrill Lynch in Singapore before returning home. In the 23 years brother Sigih and he have been active in First Resources, its plantation acreage has grown from , hectares to , hectares.
Suginto Kusuma or Aguan prefers to maintain a low profile and it must have been a shock to find himself banned from overseas travel on April 3 at the request of the Corruption Eradication Commission KPK. Assembly member M. The company is planning to build Pluit City on some of 17 artificial islands in Jakarta Bay. Sugianto is a significant player in property and he partners with Tomy Winata in the Sudirman Central Business District. He is active in social activities through Budha Tzu Chi Indonesia, helping provide shelter for low-income people.
Japfa Comfeed has been caught up in cartel allegations along with other feed operators. The business is managed under Singaporean-listed company Japfa Ltd. Known for his casual style, Handojo is known to be a motoring enthusiast and supporter of extreme sports. Son Renaldo Santos is taking an increasing role in the business. While business remain his main focus of attention, Gunawan is also looking into the potential for sugar cane to become a source of green energy in the future.
ywokuheq.tk While he has made some enemies during his career, he has a brain to match his business skills and earned a master of science degree from the University of Gadjah Mada. His thesis has been rewritten as the book The Blue Gold. His son Julian Iverson Souhault, 34, also studied at the same prestigious university and is active along with his siblings in running the family business, which now extends to coffee producer and retailer JJ Royal.