Robert Budi Hartono

Last updated
Robert Budi Hartono
Born (1941-04-28) 28 April 1941 (age 83)
Semarang, Central Java, Dutch East Indies
Other namesOei Hwie Tjhong
CitizenshipIndonesian
Alma mater Diponegoro University
Known forOwner of Djarum and BCA
Founder of Polytron Electronics  [ id ]
SpouseGiok Hartono
Children3
Parent Oei Wie Gwan & Goei Tjoe Nio
Relatives Michael Bambang Hartono (brother)
Chinese name
Traditional Chinese 黃 輝 聰 [1]
Simplified Chinese 黄 辉 聪
Hanyu Pinyin Huáng Huì Zhōng
Hokkien POJ Ûiⁿ Huī Tiong

Robert Budi Hartono (born 28 April 1941) is an Indonesian tobacco billionaire with a net worth of US$25.3 billion as of September 2023. [2] He owns and runs the privately held Djarum, the world's third-largest maker of clove cigarettes. Djarum has reportedly recently grabbed shares from the number two cigarette firm, Sampoerna. Budi Hartono also has a stake with his brother, Michael Bambang Hartono in one of Indonesia's biggest banks, Bank Central Asia, formerly controlled by billionaire Sudono Salim. According to Forbes , he is the second richest Indonesian and the 61st richest person in the world. [3]

Contents

Career

Starting from scratch Mr. Oei Wie Gwan bought a small business in the field named Djarum clove gramophone. In 1951, he changed its name to Djarum. Oei began marketing cigarettes under the brand "Djarum" which turned out to be successful in the market. After a fire nearly gutted the company in 1963 (Oei died shortly afterward), Djarum back up and modernize their equipment in the factory. In 1972 Djarum began to export their product abroad. Three years later the brand Djarum Djarum Filter was introduced, the first brand to be produced by machines, followed by the brand Djarum Super, introduced in 1981.

Together with his brother, Michael Hartono, at the age of 22 Robert inherited one of the leading cigarette companies today, Djarum. Djarum was previously a small business called Djarum gramophone which was later purchased by his father, Oei Wie Gwan, in 1951 and changed its name to Djarum. Robert and his brother inherited Djarum after his father died. At that time, Djarum's factory burned down and suffered an unstable condition. But in the hands of the two Hartono brothers, Djarum could grow into giants. [4]

In September 2019 billionaires' personal information, Budi Hartono and his brother Michael Hartono were reported by Forbes magazine as the richest men in Indonesia in 2019 with a combined wealth of $35 billion. [2] [5] Budi Hartono was listed by Forbes as being worth $18.6 billion, [2] while in 2012 was $6.5 billion. [6]

Personal life

Early life

Robert Budi Hartono was born in 1941 (as Oei Hwie Tjhong) in the city of Semarang, Central Java, Dutch East Indies. [7] and was the 2nd child of Oei Wie Gwan and Goei Tjo Nio. His brother, Michael Bambang Hartono was born in 1939. [8]

Present life

He is married with three children and lives in Kudus, Indonesia. [2]

Related Research Articles

<span class="mw-page-title-main">Kretek</span> Type of Indonesian cigarette including cloves

Kretek are cigarettes of Indonesian origin, made with a blend of tobacco, cloves, and other flavors. It could be with filter or unfiltered. The word "kretek" itself is an onomatopoetic term for the crackling sound of burning cloves.

Liem Swie King is an Indonesian former badminton player who excelled from the late 1970s through the mid-1980s. He won the All England in 1978, 1979 and 1981. He was one of the world's leading singles players of his era. A world level player in men's doubles as well as men's singles, he was known for the ferocity of his jumping smash.

Sudono Salim or Lim Sioe Liong was an Indonesian banker and businessman. He was the richest individual in Indonesia. He was the founder and chairman of the conglomerate Salim Group before handing over its management to his youngest son Anthoni Salim in 1992.

Eka Tjipta Widjaja, born Oei Ek Tjong, was an Indonesian business magnate who founded the Sinar Mas Group, one of the largest conglomerates in Indonesia. After immigrating to Indonesia with his family when he was a child, Widjaja became a member of the PCC, traded copra in the mid-1950s, moved into the palm oil industry soon after, started a paper factory in the 1970s, and then entered financial services in the 1980s. At the time of his death, Sinar Mas had interests in paper, real estate, financial services, agribusiness, and telecom with holdings primarily in Indonesia, Singapore, Malaysia, and China, and Widjaja was listed by Forbes as the third-richest person in Indonesia with a net worth of approximately US$8.6 billion.

<span class="mw-page-title-main">Black billionaires</span>

Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion.

<span class="mw-page-title-main">PB Djarum</span> Indonesian badminton club

PB Djarum is an Indonesian badminton club in Kudus, Central Java. The club was founded at the Djarum brak located at Jl. Bitingan Lama No. 35 in Kudus in 1969. Djarum's CEO, Budi Hartono, encouraged the use of an on-site badminton court among his employees. A young athlete, Liem Swie King, played well, leading Budi Hartono to seriously develop the Kudus community's activities into the PB Djarum organization.

PT Djarum is an Indonesian kretek brand/manufacturer founded on 21 April, 1951, by Oei Wie Gwan in Kudus, Central Java. It produces dozens of domestic and international brands. Djarum Black, Super, and L.A. Lights are among the most popular products of Djarum. The company owns the PB Djarum, a professional badminton club, the Italian football club Como, and was the main sponsor of Liga 1, Indonesia's top football league from 2005 to 2011. Under its direct parent, PT Dwimuria Investama Andalan, it has non-cigarette business lines in technology, banking, and beverages.

<span class="mw-page-title-main">Djarum Black</span> Indonesian kretek cigarette and cigar brand

Djarum Black is an Indonesian brand of kretek, currently owned and manufactured by Djarum.

<span class="mw-page-title-main">Smoking in Indonesia</span>

There are approximately 57 million smokers in Indonesia, among a population of 273 million people. Around 63% of men and 5% of women report smoking, equating to 34% of the population. The majority, 88% of Indonesian smokers, use clove-flavoured kreteks. Kretek manufacturers directly employ over 180,000 people in Indonesia and an additional 10 million indirectly. Indonesia is the fifth largest tobacco market in the world, and in 2008 over 165 billion cigarettes were sold in the country.

PT Bentoel Internasional Investama, commonly known as Bentoel Group, is an Indonesian tobacco company. It is the second-largest in the year of establishment and fourth-largest tobacco firm in Indonesia after Sampoerna, Gudang Garam and Djarum in terms of market share. In 2009, London-based British American Tobacco, the world's second-largest tobacco company, acquired a 99.74% stake in Bentoel. In early 2010, the company was merged with PT BAT Indonesia Tbk, with Bentoel continued to operate as the survived entity; however Bentoel had revive the BAT Indonesia name ever since.

Djoko Susanto, born Kwok Kwie Fo is an Indonesian entrepreneur, successful businessman and well known as a new billionaire of Indonesia since 2011. Susanto was the owner of Alfamart, retail business with mini-marts concept.

<span class="mw-page-title-main">Sri Prakash Lohia</span> Indonesian billionaire businessman (born 1952)

Sri Prakash Lohia is an Indian-born Indonesian billionaire businessman, and the founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.

Michael Bambang Hartono is an Indonesian billionaire heir and businessman.

Oei Wie Gwan was a Chinese Indonesian businessman, originally from the Lasem Regency of Central Java Provincial Region of Indonesia who founded the Djarum company.

Djarum Foundation is a non-profit organization from Indonesia active domestically in the areas of sport, environment, education, culture and social. President Director of the Djarum Foundation is Victor Hartono. The organization was officiated on 30 April 1986 based on informal activities of the two brothers Michael Bambang Hartono and Robert Budi Hartono starting from 1951.

<span class="mw-page-title-main">Heru Budi Hartono</span> Indonesian bureaucrat (born 1965)

Heru Budi Hartono is an Indonesian bureaucrat who has been the acting Governor of Jakarta since 2022 and Head of the Presidential Secretariat since 2017. He was the former Head of Jakarta Regional Asset Financial Management Agency under Governor Basuki Tjahaja Purnama between 2015 and 2017. A former mayor of North Jakarta, Heru was appointed by Governor Basuki to be a candidate for deputy governor in the 2017 Jakarta Regional Head Elections if he only advanced through an independent path. He is currently the acting Governor of Jakarta replacing Anies Baswedan since 17 October 2022, until the 2024 Jakarta election.

Jogi Hendra Atmadja is an Indonesian billionaire businessman. He is the chairman of Mayora Indah, one of Indonesia's largest food companies. He is ranked as the 10th-richest person in Indonesia by Forbes magazine, with a net worth of US$3.6 billion as of April 2023.

References

  1. ↑ "針記首席運營長黃志勝澄清‧黃家泉州無祖屋". Harian Indonesia (in Traditional Chinese). 9 May 2016. Archived from the original on 1 September 2018. Retrieved 1 September 2018.
  2. 1 2 3 4 "R. Budi Hartono". Forbes. Retrieved 13 September 2023.
  3. ↑ "Forbes Billionaires 2023: The Richest People In The World". Forbes. Retrieved 2023-08-06.
  4. ↑ Bastian, Radis. Resep Tajir 22 Konglomerat Indonesia. Jakarta. ISBN   9786023910250.
  5. ↑ "Michael Hartono". Forbes. Retrieved 10 January 2018.
  6. ↑ Bagus BT Saragih, 'Bakrie out of rich men's club', The Jakarta Post, 30 November 2012.
  7. ↑ Sato, Yuri (1994). "The Development of Business Groups in Indonesia: 1967-1989". In Shiraishi, Takashi (ed.). Approaching Suharto's Indonesia from the Margins. Ithaca, NY: Cornell University Press. pp. 101–153. ISBN   9780877274032.
  8. ↑ Parvadiya, Avan (2023-07-18). "Budi Hartono Early Life, Net Worth, Family & Biography". Billionaire Index. Retrieved 2023-08-05.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.