BillionaireNet
Tanjung
Chairul Tanjung
Rank #904
INDONESIAdiversifiedDiversified

Chairul Tanjung

Net Worth
$4.448B
-0.09% (24h)
Chairul Tanjung is a prominent Indonesian businessman with a net worth of $4.5 billion as of December 16, 2025. His wealth originates from his diversified business interests, primarily under the CT Corp umbrella. Tanjung, a graduate of the University of Indonesia, built his career from humble beginnings, including selling study guides and operating a medical equipment business. He later founded CT Corp, a conglomerate with significant holdings in banking, media, retail, and property. His career also includes a stint as Coordinating Minister for Economic Affairs in the Indonesian cabinet. Known for his philanthropic endeavors, Tanjung has established the CT Foundation, focusing on education and poverty alleviation.

The Full Dossier

Early Life

Chairul Tanjung was born on June 18, 1962, in Jakarta, Indonesia. His father, Abdul Ghafar Tanjung, was a journalist whose magazine company was shut down during the Suharto regime, leading to financial hardship for the family. Despite these challenges, Tanjung excelled academically, graduating from Boedi Oetomo Senior High School in 1981 and earning a degree in dentistry from the University of Indonesia in 1987. During his studies, he demonstrated his entrepreneurial spirit by opening a shop with friends, selling books, T-shirts, and later, medical equipment.

Rise to Success

Tanjung's business journey began after graduating from dentistry school. He established PT CT Corp with a loan, initially producing children's footwear. Although this venture was short-lived, it marked the beginning of his remarkable career. He acquired Bank Karman, renaming it Bank Mega, and expanded into various sectors, including insurance and securities. In the media industry, he founded Trans TV and acquired TV 7. He also ventured into property development, with projects such as Bandung Super Mall. His holding company, CT Corp, encompasses Mega Corp, Trans Corp, and Property, reflecting his diversified interests.

Key Business Strategies

Chairul Tanjung's success is attributed to his ability to build networks and his strategic vision. He focused on three core businesses: finance, property, and multimedia. His strategy included acquiring existing businesses and expanding them. He also recognized the importance of consumer focus, synergizing his businesses to offer integrated services, such as using Bank Mega credit cards to shop at Carrefour, a retail chain he acquired. He is known for his taste in megadeals and his drive to build a consumer-focused business empire.

Philanthropy

Chairul Tanjung is actively involved in philanthropy through the CT Foundation, which he co-founded with his wife, Anita Ratnasari Tanjung. The foundation focuses on education, entrepreneurship, and social development, including programs to develop literacy and alleviate poverty. In 2011, Forbes recognized him as a hero of philanthropy for his commitment to giving back to the community. His philanthropic efforts also extend to humanitarian work, including efforts to combat drug abuse and HIV/AIDS through the Indonesian Humanitarian Committee. In 2023, he received the Philanthropy Awards for his significant contributions to several sectors.

Career Timeline

2014

Coordinating Minister for Economic Affairs

Appointed by President Susilo Bambang Yudhoyono to serve as the Coordinating Minister for Economic Affairs.

2005

Asia Business Leader of the Year

Received the award for his exceptional leadership in the business world.

2004

Ernst & Young Entrepreneur of the Year Indonesia

Awarded for his outstanding entrepreneurial achievements.

1987

Founded PT CT Corp

Established CT Corp, a conglomerate with interests in banking, media, retail, and property, marking the beginning of his business empire.

Philanthropic Impact

Education and Poverty Alleviation$100M

CT Foundation

Committed $100 million over a five-year period for literacy programs and to alleviate poverty.

Humanitarian AidUndisclosed

Indonesian Humanitarian Committee

Assisted in the creation of the Indonesian Humanitarian Committee, which helped fight drug abuse and HIV/AIDS.

Wealth Trajectory