Name
Theodore Rachmat
Theodore Rachmat
Jakarta, Indonesia
Bachelor of Arts/Science, Bandung Institute of Technology
Indonesia
diversified
$1,800,000,000
1349
#1349 Billionaires 2019
#17 Indonesia's 50 Richest 2018
Theodore Rachmat, known as Teddy, founded Triputra Group in 1998; it now has four business lines, including agribusiness, manufacturing and mining.Rachmat owns a minority stake in listed coal company Adaro Energy, where he is Vice President Commissioner.He started out at carmaker Astra International, founded by his uncle William Soeryadjaya,in 1968. He eventually became CEO.His son Ariano is Vice President Director and Deputy CEO of Adaro Energy. His son Arif, who worked for GE for 7 years, is co-founder and CEO of TAP Group, one of Indonesia's largest oil palm companies.
Triputra means three children.
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