Prajogo Pangestu's Biography

Prajogo Pangestu is one of Indonesia's most prominent and influential businessmen, best known as the founder of Barito Pacific Group, a major player in the timber, petrochemical, and energy industries. Born on March 13, 1944, Pangestu's journey from humble beginnings to billionaire status is a testament to his perseverance and business acumen. Starting his career as a driver, Pangestu seized opportunities in the booming timber sector during the 1970s, leveraging key relationships to establish his first business ventures. Over the decades, he expanded into petrochemicals through Chandra Asri Petrochemical and renewable energy via Star Energy, diversifying his portfolio and solidifying his reputation as an industry leader. With an estimated annual income of $100 million from his business empire and a current net worth of $7.3 billion in 2024, Pangestu is consistently featured on the Forbes Indonesia Rich List. Despite facing controversies over environmental issues tied to his companies' logging and palm oil activities, Pangestu has focused on sustainable growth and philanthropy in recent years. Known for his interest in golf, philanthropy, and business innovation, Prajogo Pangestu remains a key figure in Indonesia's economic landscape, inspiring future generations with his story of determination and success.