Prajogo Pangestu
About Prajogo Pangestu
Son of a rubber trader, Prajogo Pangestu got his start in the timber business in the late 1970s.
His company Barito Pacific Timber went public in 1993 and changed its name to Barito Pacific after cutting back on its timber business in 2007.
In 2007, Barito Pacific acquired 70% of petrochemicals firm Chandra Asri, which also trades on the Indonesia Stock Exchange.
In 2011 Chandra Asri merged with Tri Polyta Indonesia and became the country's largest integrated petrochemicals producer. Thaioil acquired a 15% stake in Chandra Asri in July 2021.
After taking his coal mining firm Petrindo Jaya Kreasi public in March 2023, Pangestu listed renewable energy arm, Barito Renewables Energy, six months later in October 2023.
Personal stats
Citizenship
IndonesiaSource of wealth
Petrochemicals, energyResidence
Jakarta, IndonesiaMarital status
MarriedBirth date
05/13/44 (age 80)Number of children
3Self-made
inherited and growingPrajogo Pangestu’s fortune is worth
troy ounces of gold
median U.S. household
median U.S. income
U.S. credit card volume
GDP of the United States
United States debt
Net worth history
Annual ranking
Did you know?
In March 2022, the Pangestu family office took control of thermal energy producer Star Energy, by acquiring a 33% stake from Thailand's BCPG for $440 million.
Net worth over time
Real-time ranking
Financial assets
INDONESIA | BRPT-ID
Barito Pacific TimberINDONESIA | BREN-ID
Barito RenewablesINDONESIA | TPIA-ID
Chandra Asri PetroINDONESIA | CUAN-ID
Petrindo Jaya KreasiImages © Forbes.com. All rights reserved.