Prajogo Pangestu, born Phang Djoen Phen (Chinese: 彭雲鵬; Pe̍h-ōe-jī: Phênn Hûn Phîng; born in 13 May 1944) is an Indonesian business magnate, investor, and philanthropist who is the founder Indonesian conglomerate Barito Pacific Group, which engages in forestry, plantation, oil and gas, coal and gold mining, as well as geothermal. With a net worth of US$52.9 billion, he is the wealthiest person in South East Asia. In 2019, he was ranked as the 3rd richest person in Indonesia by Forbes.[1]
Pangestu was born on 13 May 1944, in Bengkayang, West Kalimantan, to a Hakka family from Guangdong, China. He attended Chinese schools in Indonesia and moved to Jakarta in 1965.[2] In 1970, Pangestu joined Burhan Uray's timber company Djajanti Group and was appointed by Uray as general manager of PT Nusantara in 1976. He left Djajanti in 1977 and launched his own business.[2]
Careeredit
One of the companies controlled by Prajogo, PT Barito Pacific Timber Tbk, as of 1993 was the largest company on the Jakarta Stock Exchange.[3] In 2007, the company dropped the word "Timber" to reflect the diversified scope of its businesses.
Aside from PT Barito Pacific Tbk which controls Indonesia's largest petrochemical producer, PT Chandra Asri Pacific Tbk, Prajogo Pangestu also controls Barito Renewables, a holding company that fully owns Star Energy Geothermal, one of the largest geothermal companies in the world. Chandra Asri, Barito Renewables and Star Energy remain as the two main business subsidiaries of Barito Pacific.[4]
In March 2022, it was announced that Green Era, a private Singapore-based company controlled by Pangestu, purchased 33.33% of Star Energy from Thailand’s BCPG for $440 million. Pangestu already owned 66.6% of Jakarta-headquartered Star Energy, and the recent purchase gives Pangestu full control of Star Energy. [5]
^ abSuryadinata, Leo (2012). Southeast Asian Personalities of Chinese Descent: A Biographical Dictionary. Institute of Southeast Asian Studies. pp. 871–2. ISBN978-981-4345-21-7.
^Richardson, Michael (1 October 1993). . International Herald Tribune. Archived from the original on 30 October 2007. Retrieved 14 October 2008.
^"Star Energy Jaga Kinerja BRPT". market.bisnis.com (in Indonesian). Retrieved 11 September 2023.
^Rosendar, Yessar. "Indonesia's Prajogo Pangestu Gets Full Control Of Star Energy, Buying Thailand's BCPG 33% Stake For $440 Million". Forbes. Retrieved 31 March 2022.
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prajogo, pangestu, this, chinese, indonesian, name, family, name, pangestu, born, phang, djoen, phen, chinese, 彭雲鵬, phênn, hûn, phîng, born, 1944, indonesian, business, magnate, investor, philanthropist, founder, indonesian, conglomerate, barito, pacific, grou. In this Chinese Indonesian name the family name is Pangestu 彭 Prajogo Pangestu born Phang Djoen Phen Chinese 彭雲鵬 Pe h ōe ji Phenn Hun Phing born in 13 May 1944 is an Indonesian business magnate investor and philanthropist who is the founder Indonesian conglomerate Barito Pacific Group which engages in forestry plantation oil and gas coal and gold mining as well as geothermal With a net worth of US 52 9 billion he is the wealthiest person in South East Asia In 2019 he was ranked as the 3rd richest person in Indonesia by Forbes 1 Prajogo PangestuBornPhang Djoen Phen 彭雲鵬 1944 05 13 13 May 1944 age 79 Bengkayang Japanese occupied East IndiesNationalityIndonesianOccupationBusinessmanKnown forFounder of Barito Pacific id SpouseHerlina TjandinegaraChildren3Early life editPangestu was born on 13 May 1944 in Bengkayang West Kalimantan to a Hakka family from Guangdong China He attended Chinese schools in Indonesia and moved to Jakarta in 1965 2 In 1970 Pangestu joined Burhan Uray s timber company Djajanti Group and was appointed by Uray as general manager of PT Nusantara in 1976 He left Djajanti in 1977 and launched his own business 2 Career editOne of the companies controlled by Prajogo PT Barito Pacific Timber Tbk as of 1993 was the largest company on the Jakarta Stock Exchange 3 In 2007 the company dropped the word Timber to reflect the diversified scope of its businesses Aside from PT Barito Pacific Tbk which controls Indonesia s largest petrochemical producer PT Chandra Asri Pacific Tbk Prajogo Pangestu also controls Barito Renewables a holding company that fully owns Star Energy Geothermal one of the largest geothermal companies in the world Chandra Asri Barito Renewables and Star Energy remain as the two main business subsidiaries of Barito Pacific 4 In March 2022 it was announced that Green Era a private Singapore based company controlled by Pangestu purchased 33 33 of Star Energy from Thailand s BCPG for 440 million Pangestu already owned 66 6 of Jakarta headquartered Star Energy and the recent purchase gives Pangestu full control of Star Energy 5 References edit Indonesia Rich List a b Suryadinata Leo 2012 Southeast Asian Personalities of Chinese Descent A Biographical Dictionary Institute of Southeast Asian Studies pp 871 2 ISBN 978 981 4345 21 7 Richardson Michael 1 October 1993 A Giant Joins Jakarta Exchange International Herald Tribune Archived from the original on 30 October 2007 Retrieved 14 October 2008 Star Energy Jaga Kinerja BRPT market bisnis com in Indonesian Retrieved 11 September 2023 Rosendar Yessar Indonesia s Prajogo Pangestu Gets Full Control Of Star Energy Buying Thailand s BCPG 33 Stake For 440 Million Forbes Retrieved 31 March 2022 nbsp This Indonesian biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Prajogo Pangestu amp oldid 1213458639, wikipedia, wiki, book, books, library,
