S oegiarto Adikoesoemo is a self-made Indonesian billionaire and the founder of the chemical and energy logistics giant, AKR Corporindo. He began his entrepreneurial journey in the 1960s, starting a small chemical trading business in Surabaya, Indonesia. Through decades of hard work and strategic expansion, he built this modest firm into one of the country's largest private distributors of basic chemicals and petroleum. The company, which he took public in 1994, has also developed a significant business in logistics and the development of large-scale industrial and port estates.
While AKR Corporindo is the foundation of his fortune, a significant portion of his family's wealth now comes from their majority stake in the paint manufacturer, PT Avia Avian. His son, Wijono Adikoesoemo, runs the paint company and orchestrated its highly successful IPO on the Indonesian stock exchange in 2021, which turned the family into one of the wealthiest in the country. Now in his 80s, Soegiarto has transitioned to the role of chairman emeritus at AKR, having built a powerful and diversified industrial empire.
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Soegiarto Adikoesoemo is an Indonesian businessman, the self-made billionaire Founder and Executive Chairman of PT AKR Corporindo Tbk (IDX: AKRA), a major conglomerate specializing in industrial chemicals, logistics, and property development. His career is rooted in entrepreneurial audacity and industrial logistics.
Adikoesoemo's philosophical approach centers on scale, vertical integration (controlling the entire supply chain from chemical import to industrial storage), and long-term asset hold in the essential industrial and logistics sectors. He founded AKR Corporindo in 1977, recognizing the immense, untapped domestic demand for reliable industrial chemical and logistics services.
Soegiarto Adikoesoemo's strategic genius was his commitment to industrial logistics and efficiency. He founded AKR Corporindo in 1977, successfully building it into a national powerhouse by specializing in scale distribution and storage of basic chemicals. His structural contribution is immense: pioneering the modern industrial logistics and chemical distribution model in Indonesia.
The company successfully executed its IPO on the Indonesia Stock Exchange (IDX). He remains Executive Chairman, guiding the company's continuous expansion and diversification. His wealth is secured by the colossal, long-term, stable profitability of the Indonesian industrial, logistics, and chemical sectors.
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Founds PT AKR Corporindo (Founding).
AKR Corporindo expands aggressively into industrial logistics and bulk liquid terminals (Industrial Apex).
AKR Corporindo executes its successful IPO on the IDX (Financial Milestone).
Continues as Founder and Executive Chairman, guiding the massive industrial giant (Executive Oversight).
Soegiarto Adikoesoemo's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded industrial giant, PT AKR Corporindo Tbk (IDX: AKRA), and his private investments.
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Soegiarto Adikoesoemo's social impact stems from AKR Corporindo's role in providing essential industrial chemicals and logistics services that support manufacturing and commerce in Indonesia. The company contributes significantly to national industrial output and job creation. His personal philanthropy supports various community and educational initiatives.
His personal philanthropy supports various community and educational initiatives.
Soegiarto Adikoesoemo maintains the professional, pragmatic style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital industrial sector.
Residing in Surabaya, Indonesia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, strategic management, and the long-term, stable growth of the AKR Corporindo empire.
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-0.14% | -$2.86M
-0.01% | -$0.24M
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