R. Budi Hartono

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Name
R. Budi Hartono
Net Worth
26.5 Billion USD
Birth Date
1 January 1941
Age
83
Country
Indonesia
City
Kudus
Business
Finance & Investments

R. Budi Hartono, born on April 20, 1941, in Central Java, Indonesia, is a prominent Indonesian billionaire businessman and philanthropist. Budi Hartono is recognized for his significant contributions to the tobacco industry through his ownership of Djarum Group, one of Indonesia's largest and most diversified conglomerates.

Djarum Group, founded by Budi Hartono and his brother, the late Oei Wie Gwan, in the 1950s, initially started as a small cigarette producer. Under Budi Hartono's leadership, the company expanded rapidly, diversifying its operations into various industries, including banking, real estate, manufacturing, and retail.

The flagship company, PT Djarum, is known for its popular kretek cigarettes, which blend tobacco with cloves and other spices, catering to Indonesia's unique smoking culture. Djarum has maintained a strong market presence in Indonesia and has expanded its reach to international markets.

Apart from the tobacco industry, Budi Hartono's business interests extend to banking through Bank Central Asia (BCA), Indonesia's largest private bank, where he serves as a significant shareholder and member of the board of commissioners. BCA plays a pivotal role in Indonesia's financial sector, offering a wide range of banking services to individuals, businesses, and corporations.

Budi Hartono is also actively involved in philanthropy through the Hartono family's foundation, which supports education, healthcare, and community development initiatives across Indonesia. His contributions aim to improve the quality of life for underprivileged communities and promote sustainable development.

Budi Hartono's entrepreneurial journey and leadership in business highlight his influence as a transformative figure in Indonesia's economy and society. His commitment to innovation, diversification, and philanthropy underscores his role in driving economic growth and social welfare in Indonesia and beyond.

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