Robert Budi Hartono
Robert Budi Hartono | Co-Owner, Djarum Group | $24.4B
as of 6/30/24
R. Budi Hartono is an Indonesian businessman and one of the wealthiest individuals in the country. He is best known for his significant stake in Djarum, a major clove cigarette manufacturer, and his investments in Bank Central Asia (BCA), one of Indonesia's largest banks. His business interests span various sectors, including electronics, real estate, and agriculture.
Personal Information:
Full Name: Robert Budi Hartono
Name in the language of origin: 罗伯特·布迪·哈托诺
Date of Birth: April 28, 1941
Place of Birth: Kudus, Central Java, Indonesia
Zodiac: Taurus
Marital Status and Family: Married to Wati Hartono, with three children
Relatives:
Siblings: Michael Bambang Hartono (brother)
Parents: Oei Wie Gwan (father, founder of Djarum), Goei Tjoe Nio (mother)
Background and Early Life:
Family Background: Budi Hartono comes from a Chinese-Indonesian family. His father, Oei Wie Gwan, founded Djarum, which became one of Indonesia's largest clove cigarette manufacturers.
Ancestry: Chinese-Indonesian descent; grandparents were Chinese immigrants.
Early Influences: The entrepreneurial spirit of his father and the family business environment.
Influences: His father, Oei Wie Gwan, and his brother, Michael Bambang Hartono.
Books that impacted the most: Specific book influences are not publicly documented.
Educational Background:
Education: Details about his formal education are not widely published. It is known that Budi Hartono was involved in the family business from a young age.
Professional Career:
Current Occupation:
Chairman and owner of Djarum
Major stakeholder in Bank Central Asia (BCA)
Career History:
Starting from scratch Mr. Oei Wie Gwan (father) bought a small business in the field named Djarum clove gramophone. In 1951, he changed its name to Djarum. Oei began marketing cigarettes under the brand "Djarum" which turned out to be successful in the market. After a fire nearly gutted the company in 1963 (Oei died shortly afterward), Djarum backup and modernize their equipment in the factory. In 1972 Djarum began to export their product abroad. Three years later the brand Djarum Djarum Filter was introduced, the first brand to be produced by machines, followed by the brand Djarum Super, introduced in 1981.
Together with his brother, Michael Hartono, at the age of 22 Robert inherited one of the leading cigarette companies today, Djarum. Djarum was previously a small business called Djarum gramophone which was later purchased by his father, Oei Wie Gwan, in 1951 and changed its name to Djarum. Robert and his brother inherited Djarum after his father died. At that time, Djarum's factory burned down and suffered an unstable condition. But in the hands of the two Hartono brothers, Djarum could grow into giants.
Diversified the business into various sectors, including banking and electronics.
Career Milestones:
Key Achievements:
Transformed Djarum into a global clove cigarette powerhouse.
Acquired and expanded Bank Central Asia (BCA).
Innovations and Contributions:
Introduced modern management techniques and diversification strategies in Indonesian businesses.
Industry Impact:
Significant influence in the tobacco, banking, and electronics industries in Indonesia.
Net Worth and Assets:
Estimated Net Worth: Approximately $22 billion (as of 2023)
Key Assets: Djarum, Bank Central Asia (BCA)
Investments: Real estate, electronics, agriculture.
Stock Records: Major holdings in Bank Central Asia (BCA)
Business Interests:
Primary Business: Tobacco (Djarum) and banking (BCA)
Known Board of Directors Positions:
Board member of Djarum
Board member of BCA
Other Ventures:
PT Polytron (electronics)
Various real estate projects
Leadership Style and Business Philosophy:
Leadership Approach: Hands-on, strategic diversification.
Business Philosophy: Focus on long-term growth and sustainability, leveraging family values and traditions.
Philanthropy and Social Contributions:
Charitable Donations: Active in philanthropic activities through the Djarum Foundation.
Foundations and Initiatives:
Djarum Foundation: Focuses on education, environment, and community development.
Philanthropic Goals: Improving education and community welfare in Indonesia.
Environmental Stewardship: Supports environmental conservation projects.
CSR: Djarum Foundation’s CSR initiatives include educational scholarships and environmental programs.
Lifestyle and Interests:
Main Residence: Kudus, Central Java, Indonesia
Personal Values: Strong emphasis on family, tradition, and community.
Hobbies and Interests: Golf, philanthropy.
Social Circles: Prominent Indonesian business elites.
Membership in Private Clubs and Social Organizations: Specific memberships not widely publicized.
Associates:
Business Connections:
Michael Bambang Hartono: Brother and business partner
Jahja Setiaatmadja: President Director of BCA
Rudy Hartono: Indonesian badminton legend and relative
Armand Hartono: Vice President Director of BCA
Santoso Hartono: Prominent businessman in Indonesia
Personal Connections:
Family members are closely involved in business operations.
Key figures in Indonesian business circles.
Political and Social Influence:
Political Affiliations: Generally maintains a low political profile.
Advocacy: Supports policies beneficial to the business environment.
Significant Political Statements: No significant public political statements.
Future Plans and Projects:
Upcoming Ventures: Continued expansion in banking and electronics.
Forecasts: Expected to maintain significant influence in Indonesian business.
Legacy: Renowned for transforming and modernizing Indonesian businesses.
Available Data on Possessions:
Yachts: No publicly known yachts.
Private Jets: Likely owns or has access to private aviation, specifics not disclosed.
Cars: High-end brands such as Mercedes-Benz and BMW.
Art: Known to have an art collection, specifics not publicly detailed.
Real Estate and Residences: Multiple properties in Indonesia and possibly abroad, often kept private.
Collectables: Likely owns valuable collectibles, specifics not publicly disclosed.
Expensive Accessories: Known for a luxurious lifestyle, specifics not disclosed.
Public Persona and Influence:
Media Presence: Maintains a relatively low public profile.
Public Speaking: Rarely engages in public speaking.
Public Appearances:
Industry conferences and events.
Philanthropic events.
Recognition and Awards: Recognized for contributions to Indonesian business and philanthropy.
Future Plans and Projects:
Upcoming Ventures: Continued focus on business diversification.
Forecasts: Expected to remain a key figure in Indonesian business.
Legacy: Known for his contributions to the development of Indonesian industry.
Political and Social Influence:
Political Affiliations: Supports pro-business policies.
Advocacy: Advocates for a strong business environment in Indonesia.
Significant Political Statements: No major public political statements.
Other Information:
Unique Contributions: Innovations in the tobacco and banking sectors; significant philanthropic efforts in education and community welfare.
Media Search Results for Robert Budi Hartono
Biographical Books
Currently, there are no dedicated biographical books specifically focused on Robert Budi Hartono available in public databases.
Controversies and Legal Issues
Controversies
Robert Budi Hartono has maintained a relatively low profile regarding personal controversies. However, the company he co-owns with his brother, Michael Hartono, Djarum, faced significant backlash when the U.S. banned clove cigarettes in 2009, affecting Djarum's market. This led to the introduction of Dos Hermanos, a premium cigar that blends Brazilian and Indonesian tobacco, as a workaround to the ban.
Legal Issues
Hartono has not been directly implicated in major legal issues. The controversies primarily involve regulatory challenges faced by Djarum due to its products and business practices.
Scandals
There have been no major personal scandals involving Robert Budi Hartono. The significant issues around him are business-related, primarily concerning Djarum and its market strategies.
Allegations
Djarum has faced allegations related to labor practices and health concerns regarding the production and sale of clove cigarettes. These issues often attract scrutiny from health organizations and regulatory bodies.
Criticisms
Critics have targeted the environmental impact of the Hartono brothers' palm oil plantations in Kalimantan, Indonesia. Additionally, the health implications of Djarum's tobacco products have drawn criticism from public health advocates.
Public Conflicts
Robert Budi Hartono tends to avoid public conflicts, maintaining a private and low-key profile. However, the company’s strategic moves, such as the acquisition of Bank Central Asia (BCA) during Indonesia’s financial crisis, have sometimes placed them in the public eye.
Curious Information
Little-known Biography Facts
Robert Budi Hartono was born as Oei Hwie Tjhong in 1941 in Semarang, Central Java. He and his brother inherited Djarum from their father, Oei Wie Gwan, after his death in 1963.
He is a significant shareholder in BCA, Indonesia's largest private bank, with a controlling interest through Farindo Holding Ltd.
Unusual Experience
The Hartono brothers rebuilt Djarum after a devastating fire in 1963 that nearly wiped out the company. They modernized the equipment and expanded their market, eventually turning Djarum into a leading tobacco company globally.
Gossip and Rumors
There are relatively few rumors about Robert Budi Hartono, primarily due to his private nature and focus on business.
Mentions in Conspiracy Theories
Robert Budi Hartono is not commonly mentioned in conspiracy theories. His public image is mainly associated with his business success and strategic investments in various sectors.
Psycho-emotional Profile of Robert Budi Hartono
Emotional State and Mood: Robert Budi Hartono, one of the wealthiest individuals in Indonesia, maintains a composed and confident demeanor. Given his longstanding success in various industries, including tobacco and banking, his current mood appears to be one of satisfaction and contentment. Hartono's ability to navigate complex business environments suggests stable mood fluctuations over time, with predominant emotions being calmness and confidence.
Personality Traits: Hartono exhibits a blend of introversion and conscientiousness. Despite his vast wealth, he tends to keep a low public profile, reflecting his introverted nature. He is highly conscientious, evident in his meticulous approach to business management and strategic investments. His temperament is resilient and adaptable, allowing him to thrive in the dynamic Indonesian business landscape.
Stress Levels and Coping Mechanisms: Hartono likely experiences moderate stress levels due to the demands of managing his extensive business empire. However, his long-term success indicates effective coping strategies, such as problem-solving and maintaining a structured routine. He avoids public scandals and controversies, suggesting that he copes with stress through strategic planning and a strong support system within his businesses.
Self-Esteem and Self-Concept: Hartono's self-esteem appears to be high, underpinned by his significant achievements and status as one of Indonesia's most successful businessmen. He views himself as a capable and influential leader, with a strong self-concept centered around his role in driving business success and innovation.
Interpersonal Relationships: Hartono maintains close relationships with family members, particularly his brother Michael, with whom he shares control of their business ventures. His interpersonal relationships are characterized by loyalty and mutual support, essential for managing their conglomerate. He likely has a network of trusted advisors and colleagues who provide both professional and social support.
Behavioral Patterns: Hartono is characterized by cautious and strategic decision-making. He avoids impulsivity, preferring to make well-considered decisions. His behavioral patterns include a focus on maintaining and growing his business interests while avoiding unnecessary risks. There are no indications of maladaptive behaviors such as substance abuse or self-harm.
Psychological Well-being: Hartono's overall psychological well-being appears to be stable and positive. His ability to maintain a successful business empire and a low-profile lifestyle contributes to his life satisfaction. The stability in his professional and personal life suggests good mental health, with no reported symptoms of mental health conditions.
Cognitive Functioning: Hartono demonstrates high cognitive functioning, with excellent strategic planning and problem-solving skills. His success in various industries indicates strong analytical abilities and a sharp business acumen. He approaches challenges with a logical and structured mindset, allowing him to make effective decisions.
Past Experiences and Trauma: Significant life events, such as the management of his family's business empire and navigating the Indonesian economic landscape, have shaped Hartono's resilience and strategic outlook. There is no public information suggesting that past trauma significantly impacts his current functioning, indicating effective management of any adverse experiences.
Motivations and Goals: Hartono is motivated by both intrinsic and extrinsic factors. His personal goals include continuing the growth and success of his business ventures and maintaining his family's legacy. Extrinsically, he is driven by public recognition and the desire to remain influential in the Indonesian business community.
Physical Health and Its Impact: There is limited public information on Hartono's physical health, but his active involvement in business and maintaining a demanding lifestyle suggest he prioritizes his well-being. Effective physical health likely contributes positively to his psychological well-being, enabling him to manage stress and responsibilities effectively.
Content Interaction Guide for Informed Users
At UHNWI Direct, we value the collective wisdom and expertise of our community in maintaining the highest standards of accuracy and transparency. Your contributions play a pivotal role in enriching our profiles with up-to-date and reliable information. By sharing your insights, knowledge, and analytical skills, you not only enhance the quality of our content but also contribute to a more informed global community.
Your deep understanding of specific industries, nuanced perspectives, and firsthand experiences can illuminate aspects of our profiles that might otherwise remain obscure. Whether you identify an error that needs correction, provide additional context that enriches the digital footprint, or validate key details through credible sources, your involvement strengthens the integrity of the information we provide.
At the heart of our mission is a commitment to transparency and correctness. By participating in fact-checking processes and contributing verified information, you empower readers and stakeholders to make informed decisions based on reliable data. Your intellectual engagement and dedication to accuracy are crucial in shaping a platform that is trusted for its depth and authenticity.
Join us in our pursuit of excellence by sharing your expertise and helping us uphold the highest standards of integrity in information dissemination. Together, we can foster a community where knowledge is celebrated, accuracy is paramount, and transparency is upheld as a cornerstone of our values. Your contributions matter—they shape the narrative, empower decision-making, and ensure that UHNWI Direct remains a beacon of reliability in a world hungry for trustworthy information.
Get in touch with Robert Budi Hartono
Join UHNWI direct Affiliate Program
Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform
Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.
You may also be interested in reviewing other UHNWIs profiles.
To find the person you want to contact, start typing their name or other relevant tags in the search bar.
Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.
Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires
Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America
Filter by Age: 1920-1930 | 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000
Related People
