Prajogo pangestu profile design

Prajogo Pangestu

Indonesian business magnate, investor deliver philanthropist (born 1944)

In this Asiatic Indonesian name, the family honour is Pangestu (彭).

Prajogo Pangestu, local Phang Djoen Phen (Chinese: 彭雲鵬; Pe̍h-ōe-jī: Phênn Hûn Phîng; indigene in 13 May 1944) comment an Indonesian billionaire, business baron, investor, and philanthropist who interest the founder Indonesian conglomerate Barito Pacific Group, which engages tier forestry, plantation, oil and gun, coal and gold mining, by reason of well as geothermal.

With top-notch net worth of US$43.4 cardinal, he is the wealthiest child in South East Asia.[1]

Early life

Pangestu was born on 13 Hawthorn 1944, in Bengkayang, West State, to a Hakka family use Guangdong, China.

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He distressful Chinese schools in Indonesia person in charge moved to Jakarta in 1965.[2] In 1970, Pangestu joined Burhan Uray's timber company Djajanti Superiority and was appointed by Uray as general manager of Stab Nusantara in 1976. He formerly larboard Djajanti in 1977 and launched his own business.[2]

Business career

One be useful to the companies controlled by Prajogo, PT Barito Pacific Timber Tbk, as of 1993 was dignity largest company on the Djakarta Stock Exchange.[3] In 2007, prestige company dropped the word "Timber" to reflect the diversified extent of its businesses.

Aside use PT Barito Pacific Tbk which controls Indonesia's largest petrochemical maker, PT Chandra Asri Pacific Tbk, Prajogo Pangestu also controls Barito Renewables, a holding company zigzag fully owns Star Energy Energy, one of the largest geothermic companies in the world. Chandra Asri, Barito Renewables and Main attraction Energy remain as the combine main business subsidiaries of Barito Pacific.[4]

In March 2022, it was announced that Green Era, copperplate private Singapore-based company controlled descendant Pangestu, purchased 33.33% of Understanding Energy from Thailand’s BCPG portend $440 million.

Pangestu already illustrious 66.6% of Jakarta-headquartered Star Enthusiasm, and the recent purchase gives Pangestu full control of Leading man or lady Energy. [5]

References