BillionaireNet
Sugianto
Eddy Sugianto
Rank #2930
INDONESIAEnergyCoal

Eddy Sugianto

Net Worth
$1.141B
-0.17% (24h)
Eddy Sugianto, an Indonesian billionaire, is a prominent figure in the coal industry. He is the founder of Mandiri Group and serves as the President Commissioner of Prima Andalan Mandiri (MCOL). Born in Pontianak in 1946, Sugianto's career began in sales before he established his business in coal. His source of wealth is primarily derived from coal mining and related services. As of December 16, 2025, his net worth is estimated to be $1.1 billion, placing him among the wealthiest individuals in Indonesia. His career has been marked by strategic business decisions, including taking Prima Andalan Mandiri public in 2021 and listing Mandiri Services in 2023. His success reflects Indonesia's position as a major coal producer and exporter.

The Full Dossier

Early Life

Eddy Sugianto was born in Pontianak, Indonesia, on February 11, 1946. Before his significant ventures in the coal industry, Sugianto gained experience in sales, which provided a foundation for his future entrepreneurial endeavors.

Rise to Success

Sugianto founded the Mandiri Group in 1981. His career progressed as he took on the role of President Commissioner of Prima Andalan Mandiri (MCOL) since 2005. He is also a key executive at Prima Andalan Mandiri, a company with significant interests in integrated coal mining and services. In 2021, Sugianto took Prima Andalan Mandiri public, raising $32 million. His coal services company, Mandiri Herindo Adiperkasa (Mandiri Services), also went public in 2023. In June 2024, Mandiri Services won a $1.5 billion deal to transport coal.

Key Business Strategies

Sugianto's key business strategies have involved integrating various stages of the coal supply chain, from mining and overburden removal to coal transport and barging. His strategy also includes forming strategic partnerships, with contracts with coal miners like Multi Tambangjaya Utama and Darma Henwa.

Philanthropy

Specific details about Eddy Sugianto's philanthropic activities were not found.

Career Timeline

2023

IPO of Mandiri Services

His coal services company Mandiri Herindo Adiperkasa, also known as Mandiri Services, raised $31 million through an IPO

2021

IPO of Prima Andalan Mandiri

Took Prima Andalan Mandiri public, raising $32 million

2005

President Commissioner, Prima Andalan Mandiri

Appointed as the President Commissioner of Prima Andalan Mandiri

1981

Founded Mandiri Group

Established Mandiri Group, marking his entry into the coal business

1974-1980

Marketing Manager

Worked as a marketing manager at PT New Safety

Philanthropic Impact

Information not availableUndisclosed

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Wealth Trajectory