R. Budi Hartono's Biography

R. Budi Hartono, born Robert Budi Hartono on April 28, 1941, in Indonesia, is widely recognized as Indonesia's richest man and a prominent figure in the global business community. As the owner of Djarum Group, one of the world’s leading clove cigarette (kretek) manufacturers, and the majority stakeholder in Bank Central Asia (BCA), Hartono has played a pivotal role in shaping Indonesia's economic landscape. He initially rose to prominence after inheriting the Djarum tobacco company from his father and, alongside his brother, expanded it into a diversified conglomerate. Hartono's business interests span cigarettes, banking, electronics (Polytron), and palm oil plantations, making him a household name in Indonesia and a respected businessman worldwide. His estimated annual income comes primarily from dividends and investments, reflecting his smart approach to business. Despite controversies regarding environmental impacts from his palm oil ventures, Hartono remains committed to improving corporate responsibility. Known for his passion for badminton and golf, he also supports philanthropic and technological initiatives. As of 2024, his net worth is estimated at $25 billion. Budi Hartono is celebrated for his perseverance, innovation, and significant contributions to Indonesia's economic growth.