LeaderPortfolio
Adikoesoemo
Soegiarto Adikoesoemo
Rank #2602
INDONESIAManufacturingChemicals

Soegiarto Adikoesoemo

Net Worth
$1.521B
0% (24h)
Soegiarto Adikoesoemo is an Indonesian billionaire businessman renowned for founding PT AKR Corporindo Tbk in 1960. Starting as a small chemical trading firm, he transformed it into a diversified conglomerate spanning petroleum distribution, logistics, chemical manufacturing, and industrial estates. His source of wealth is primarily derived from his significant stakes in AKR Corporindo. Adikoesoemo, with a high school education, listed the company on the Indonesia Stock Exchange in 1994 and expanded it through key partnerships, including a joint venture with BP for aviation fuel distribution. As of January 2026, his net worth is estimated at $1.3 billion. His career highlights include the establishment of PT Aneka Kimia Raya, and building significant sorbitol manufacturing plants in Indonesia and China, as well as the development of the Java Integrated Industrial and Port Estate (JIIPE).

The Full Dossier

Early Life

Soegiarto Adikoesoemo was born in 1938 in Malang, East Java, Indonesia, during a period of significant change for the archipelago. His childhood coincided with the Indonesian National Revolution. He holds Indonesian citizenship and is of ethnic Chinese descent.

Rise to Success

Adikoesoemo's entrepreneurial journey began in 1960 when he established a small chemical trading business in Surabaya. He incorporated PT Aneka Kimia Raya in 1978 and expanded his business to include petroleum distribution, logistics, chemical manufacturing, and industrial estates. A key milestone was the 1994 IPO of AKR Corporindo on the Indonesia Stock Exchange. He built significant manufacturing plants for sorbitol in Indonesia and China.

Key Business Strategies

Adikoesoemo focused on strategic partnerships, including a joint venture with BP for aviation fuel distribution. He spearheaded the development of the Java Integrated Industrial and Port Estate (JIIPE), a large integrated industrial park, and led AKR Corporindo to become a key player in Indonesia's energy and logistics sectors.

Philanthropy

Adikoesoemo's family supports various educational and cultural institutions. His son, Haryanto Adikoesoemo, founded the Museum of Modern and Contemporary Art (Museum MACAN) in Jakarta, showcasing a collection of modern and contemporary art, highlighting the family's commitment to art and cultural impact.

Career Timeline

2005

Expanded into Petroleum Distribution

AKR became the first national private company to distribute non-subsidized fuel.

1994

AKR Corporindo IPO

Listed AKR Corporindo on the Indonesia Stock Exchange.

1992

Appointed President Commissioner of PT AKR Corporindo Tbk

Took on the role of President Commissioner.

1977

Established PT Aneka Kimia Raya

Incorporated PT Aneka Kimia Raya, later renamed PT AKR Corporindo Tbk.

1960

Founded AKR Corporindo

Established a small chemical trading business in Surabaya.

Philanthropic Impact

Arts and CultureUndisclosed

Museum MACAN

Supports the Museum of Modern and Contemporary Art in Jakarta, showcasing modern and contemporary art.

Wealth Trajectory