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Chairul Tanjung

Chairul Tanjung

C. Tanjung
0.07% | + $2.92M
$4.33 B ₹ 39,376 Cr
Real Time Net Worth #968 Ranking as of 21 Feb 2026 By Forbes

More on Chairul Tanjung

Gender

Male

Age

63Y

Country

Indonesia

Born On

June, 1962

Deceased

No

Relationship Status

Married

Children

2

Education

University Of Indonesia - Bachelor Of Dental Surgery

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Diversified)

Primary Organization

CT Corp

Titles

Founder & Chairman

Sources of Wealth

CT Corp

Industry

Diversified, Finance, Media, Retail

About Chairul Tanjung


C hairul Tanjung is a prominent Indonesian self-made billionaire and the founder and chairman of CT Corp, a major Indonesian conglomerate. His story is a classic rags-to-riches tale; he came from a modest background and started his first business while studying dentistry to pay for his education. After graduating, he decided to focus on business full-time.

He founded CT Corp (formerly Para Group) and built it into a diversified empire with three main business arms: financial services, media, and retail. His holdings include Bank Mega, the television networks Trans TV and Trans7, the news portal Detik.com, and the operation of high-end retail franchises like Versace and Jimmy Choo. He also controls Carrefour and Transmart, a major hypermarket chain in Indonesia. Known as 'anak singkong' (the cassava kid), a term for someone from a humble background, his success has made him one of Indonesia's most influential and respected business figures.

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Quick Reads


  • Founder and chairman of the Indonesian conglomerate CT Corp.
  • A self-made billionaire who started his first business in college.
  • His empire includes major interests in banking (Bank Mega), media (Trans TV), and retail.
  • Controls the Transmart hypermarket chain in Indonesia.
  • Briefly served as Indonesia's coordinating minister for economic affairs.

Early Life and Background


Chairul Tanjung is an Indonesian businessman, the founder and Chairman of CT Corp, a massive, diversified conglomerate with dominant interests in finance, retail, media, and hospitality. Born in Jakarta in 1962, his early life was marked by hardship: his father was a reporter whose magazine business was forcibly shut down by the government during the Suharto regime, leading to financial strain.

Despite this, Tanjung demonstrated immense academic achievement, graduating from high school and pursuing a bachelor's degree at the Faculty of Dentistry, University of Indonesia. While studying, he exhibited his entrepreneurial drive by starting a shop with friends selling books and t-shirts, quickly pivoting to selling doctor and laboratory equipment. Ultimately, he dropped out of dental school to dedicate himself fully to business, a decision that launched his multi-billion dollar career.

Career Journey of Chairul Tanjung


Chairul Tanjung's entrepreneurial journey began with a small manufacturing venture. He established PT Pariarti Shindutama, producing shoes for kids with a small bank loan. His first major order was for 160 pairs of shoes to Italy, providing crucial early validation. However, he separated from his partners shortly after due to differing business visions.

He later founded CT Corp, building an empire through aggressive diversification. His strategic genius was acquiring and building massive assets in sectors central to the Indonesian consumer: Banking (Bank Mega), Retail (Carrefour Indonesia, Transmart), and Media (Trans TV, Trans7). This synergy of finance, consumer retail, and media control cemented his status as a dominant industrialist. His public visibility led to a political role, serving briefly as the Coordinating Minister for Economics (2014). His biography, Chairul Tanjung Si Anak Singkong (Chairul Tanjung, the Cassava Boy), highlights his rags-to-riches, self-made story.

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Chairul Tanjung's Timeline


1984–1985:

Named a national noble student while studying dentistry (Academic Honor).

c. 1986:

Drops out of dental school and establishes PT Pariarti Shindutama (Shoe Manufacturing).

1990s:

Founds the holding company CT Corp (Founding).

2012:

Acquires the Indonesian operations of Carrefour (Retail Domination).

2014:

Serves as Coordinating Minister for Economics (Political Leadership).

Ongoing:

Continues as Chairman of CT Corp (Executive Leadership).

Major Business Ventures and Investments


Chairul Tanjung's wealth is rooted in his founding and controlling ownership of the private, diversified conglomerate, CT Corp.

  • CT Corp (Founder & Chairman): The core private asset, a multi-sector giant operating in:
    • Finance: Controlling stakes in Bank Mega.
    • Retail: Large ownership of hypermarkets (Transmart) and fashion retail.
    • Media: Owning major television networks (Trans TV, Trans7) and production houses.
    • Hospitality & Theme Parks: Major investments in hotels (Trans Resort) and large-scale theme parks.
  • Political Role: His former executive role as Coordinating Minister for Economics (2014) provided immense influence over Indonesian national policy.
  • Major Acquisitions: His acquisition of the Indonesian operations of Carrefour in 2012 (later rebranded to Transmart) was a key retail milestone.

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Philanthropy and Social Impact


Chairul Tanjung's social impact is massive and structural, stemming from CT Corp's role as a major employer and provider of essential financial, retail, and media services across Indonesia. His companies employ tens of thousands of people.

His personal commitment is formalized through his foundations, supporting education and social welfare. His life story, particularly the narrative of overcoming his father's persecution by the former regime, serves as a powerful inspiration for Indonesian entrepreneurship and resilience.

Fashion, Style, and Lifestyle


Chairul Tanjung maintains the composed, professional style of a successful Indonesian statesman and tycoon. His attire is consistently formal and refined, favoring tailored suits and a polished aesthetic. His public persona is defined by his humility and his rags-to-riches narrative, documented in his biography Chairul Tanjung Si Anak Singkong.

Residing in Jakarta, his luxury is the security of his multi-billion dollar fortune, which affords him autonomy over his vast empire spanning finance, media, and retail. His life is a testament to the profitability of identifying and dominating key consumer sectors in a rapidly modernizing nation.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He dropped out of dental school to start his first business.
  • His first major order was for 160 pairs of shoes to Italy.
  • His biography is titled Chairul Tanjung Si Anak Singkong ('The Cassava Boy').
  • His family's business was initially shut down by the Suharto regime.
  • His conglomerate, CT Corp, controls Bank Mega, Trans TV, and Transmart.
  • He served briefly as the Coordinating Minister for Economics of Indonesia.
  • He acquired the Indonesian operations of Carrefour in 2012.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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