LeaderPortfolio
Adikoesoemo
Soegiarto Adikoesoemo
Rank #2967
INDONESIAManufacturingChemicals

Soegiarto Adikoesoemo

Net Worth
$1.229B
+2.12% (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).

How to read Soegiarto Adikoesoemo's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Soegiarto Adikoesoemo, we anchor the narrative to Chemicals and Chemicals, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.229B alongside global rank #2967, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDONESIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

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.

Key Business Ventures & Holdings

CompanyStakeValue
PT AKR Corporindo Tbk

Net Worth History

In-Depth Analysis

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.

Data Sources & Methodology

Figures for Soegiarto Adikoesoemo are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.