Eka Tjandranegara moved up the ranks of the Indonesia’s richest list as the property boom continues unabated in Indonesia. The increase in wealth is mainly through Mulia Land and the publicly-listed Mulia Industrindo, both of which are part of the Mulia Group. Foundation laid for Mulia Group Together with his brothers, Eka Tjandranegara laid the Read more about Biography of Eka Tjandranegara[…]

From a Small Shop in Glodok The family business started from a small hardware shop, measuring just 3×3 square metres, in Jakarta’s old Chinese quarter of Glodok, set up by Kuncoro Wibowo’s father in 1955. Kuncoro Wibowo is the eldest of nine siblings, and had been helping out with the business at the shop from Read more about Biography of Kuncoro Wibowo & family[…]

The Beginning The Kirana brothers inherited their entrepreneurial spirit from their father, who used to own a small garment factory. The entrepreneurs started their business empire from a travel agency in Indonesia, which drove them to set up their own airline after picking up insights into the airline industry. Lion Air was launched in 2000 Read more about Biography of Kusnan & Rusdi Kirana[…]

Putera Sampoerna attained his fortune as heir to the Sampoerna cigarette company (PT HM Sampoerna Tbk.), one of Indonesia’s largest tobacco company. Being born rich, Putera was educated abroad since young, completing his secondary education in Hong Kong and college education in USA. He led the company from 1978 until 2000, when he was replaced Read more about Biography of Putera Sampoerna[…]

The founder and chairman of the Mayapada Group, Tahir’s entrepreneurial roots began during his university days, where he started a small retail business selling goods bought in Singapore to Surabaya. The Beginning of Mayapada Group Tahir started the Mayapada Group with a garment and textile manufacturing business in 1986, and four years later, he founded Read more about Biography of Tahir[…]

Like his fellow Indonesian executive and philanthropist Sukanto Tanoto, James Riady of the Lippo Group sees the importance of education to Indonesia’s development. Mr. Riady created the Pelita Harapan Educational Foundation in order to expand opportunities for learning and achievement for every young person in the country. Pelita Harapan has established 20 schools to serve Read more about James Riady – Lippo Group Executive and Educational Philanthropist[…]

Like his fellow Indonesian entrepreneur Sukanto Tanoto, multi-billionaire and Sinar Mas Group founder Eka Tjipta Widjaja appears on Forbes magazine’s list of the country’s wealthiest individuals. Also like Mr. Tanoto, Mr. Widjaja is a self-made success story who heads a highly successful palm oil production company and other natural resources-focused corporations. The two men also Read more about Eka Tjipta Foundation Promotes Education and Community Good[…]

In 2011, Forbes magazine’s Asia edition profiled four dozen “heroes of philanthropy” from throughout the region. Among them was Chairul Tanjung of Indonesia, who heads CT Corp (formerly Para Group), a multi-faceted, consumer-focused holding company with interests in the banking, media, and natural resources manufacturing sectors. His partnership with United States-based Turner Broadcasting resulted in Read more about Chairul Tanjung – Strong Involvement in Business and Philanthropy[…]

In late 2013, Dato Sri Dr. Tahir of Indonesia signed his name to the Giving Pledge originated by Bill and Melinda Gates and Warren Buffett. In doing so, Tahir and seven other signatories joined more than 100 other wealthy individuals and families who have publicly promised to contribute at least one-half of their total wealth Read more about Noted Indonesian Businessman Signs the Giving Pledge[…]