BillionaireNet
Sariaatmadja
Eddy Kusnadi Sariaatmadja
Rank #2584
INDONESIAMedia & EntertainmentMedia, tech

Eddy Kusnadi Sariaatmadja

Net Worth
$1.395B
-7.87% (24h)
Eddy Kusnadi Sariaatmadja, born August 23, 1953, is an Indonesian entrepreneur and philanthropist. He is the owner of Elang Mahkota Teknologi (Emtek) and holds a significant stake in the media and technology sectors. Sariaatmadja's career began in 1983 with the founding of PT Elang Mahkota Komputer (later Emtek), initially as a distributor of Compaq computers. Over the years, Emtek has grown into a major conglomerate with interests in media, technology, and digital services, contributing to his estimated net worth. His focus on innovation and strategic investments has solidified his position as a key player in Indonesia's business landscape.

The Full Dossier

Early Life and Education

Eddy Kusnadi Sariaatmadja was born in Jakarta on August 23, 1953. He is the first son of Mohamad Soeboeb Sariaatmadja, a Sundanese businessman, and his mother is of Palembang-Malay descent. He pursued higher education in Australia, earning a Bachelor's degree in Civil Engineering from the University of New South Wales in 1978, followed by a Master's in Engineering Science from the same university in 1980. These academic achievements would lay the foundation for his successful ventures in technology and media.

Rise to Success

Sariaatmadja's entrepreneurial journey commenced in 1983 when he established PT Elang Mahkota Komputer, a company that initially distributed Compaq computers in Indonesia. This company was later renamed PT Elang Mahkota Teknologi (Emtek). Emtek's business expanded into the media sector, acquiring significant stakes in major Indonesian television channels such as SCTV and Indosiar. Emtek's strategic acquisitions and ventures into digital platforms, including partnerships with Alibaba's Ant Financial for the DANA digital payment system, further solidified its position as a major player in the industry.

Key Business Strategies

Key strategies employed by Sariaatmadja included identifying opportunities within the burgeoning technology and media sectors, making strategic acquisitions, and forming partnerships to expand Emtek's reach. His investments in digital platforms and content production, including the development of the RCTI+ super app, reflect his forward-thinking approach. Emtek's diverse portfolio, encompassing free-to-air television, pay television, digital services, and partnerships, demonstrates a business model centered on diversification and innovation.

Philanthropy

Eddy Kusnadi Sariaatmadja is also known for his philanthropic activities. In 2018, he was recognized by Forbes as one of Asia's most generous 40 philanthropists for his contributions in social and educational fields.

Career Timeline

2011

Launched Nexmedia

Launched a subscription TV operator.

2005

Became majority owner of SCTV

Increased ownership stake in the TV station.

2000

Acquired partial ownership of SCTV

Entered the mass media industry through a partnership with an Australian media mogul.

1997

PT Elang Mahkota Komputer renamed to PT Elang Mahkota Teknologi (Emtek)

Signaling expansion into technology and media.

1983

Founded PT Elang Mahkota Komputer

Established the company as a distributor of Compaq computers in Indonesia, the foundation of what would become Emtek.

Philanthropic Impact

Social and EducationUnknown

Social and Educational Contributions

Contributions in social and educational fields

Wealth Trajectory