Edwin Soeryadjaya
$1.2 billion — Edwin Soeryadjaya was ranked as Marcopolis’ #6 most powerful business man in Indonesia.
The son of late billionaire William Soeryadjaya, among the cofounders of the Astra Automotive Group, Edwin Soeryadjaya did not get vast inheritance as his Father lost most of his wealth prior to his passing. Born in 1949 in Jakarta, Indonesia, he graduated in the University of Southern California and his mission upon commencement was to restore the family’s riches.
The business tycoon was voted as Marcopolis’ #6 most powerful businessman in Indonesia.
Establishing the investment firm Saratoga Investama Sedaya in 1998. He became among the first investors of coal miner Adaro Energy, where he now holds a significant position through Saratoga Capital, his own private equity firm.
As well as owning Mandala Airlines, and a big stake in the Tower Bersama Infrastructure cell tower business. Forbes ranked as the country’s 24th richest, with an estimated wealth of US$1.2 billion.