S iti Hartati Murdaya is a prominent Indonesian businesswoman and co-founder of Central Cipta Murdaya (CCM), a diversified conglomerate she established with her husband, Murdaya Poo. The group has extensive interests in property, timber, plantations, and engineering. She is known for her astute business skills and her significant role in the development of the Jakarta International Expo (JIExpo) and various high-profile real estate projects.
Hartati has also been a influential figure in Indonesian politics and religious organizations, serving as a leader in the Indonesian Buddhist community (Walubi). Despite facing legal challenges in the past related to corruption allegations, she remains a key figure in Indonesia's business landscape, with the family's wealth anchored in their vast land bank and commercial properties.
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Hartati Murdaya (born Chow Li Ing) is a prominent Indonesian businesswoman and religious leader born on August 29, 1946, in Jakarta. Raised in a devout Buddhist family, she studied economics at Trisakti University before working in her father’s sawmill company as general manager.
In 1971, she met entrepreneur Murdaya Poo, whom she married a year later. Together, they founded the Central Cipta Murdaya (CCM) group, which initially focused on the electricity and construction sectors during the early 1970s.
Hartati Murdaya’s career is defined by her ability to secure international partnerships and massive infrastructure contracts. Under her leadership, CCM cooperated with global power giants like ABB (Switzerland) and Fuji Electric (Japan).
She was instrumental in winning the license to produce Nike shoes in Indonesia and marketing products for tech leaders like IBM, HP, and Hitachi. CCM has grown into a vast empire with interests in real estate (including the Jakarta International Expo Center), timber, plantations, and consumer goods, employing over 45,000 people.
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Co-founds CCM with husband Murdaya Poo.
Founds the Walubi Buddhist umbrella organization.
Sentenced to 32 months for bribery related to plantation permits; she was later released.
Ranked among Indonesia's 40 richest individuals with a net worth of $1.4 billion.
Hartati Murdaya’s wealth is rooted in her and her husband’s joint control over the CCM conglomerate.
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+0.21% | +$5.34M
+0.79% | +$14.27M
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