T heodore "Teddy" Rachmat is a self-made Indonesian billionaire and a highly respected figure in the country's business community. He is the nephew of William Soeryadjaya, the founder of the Astra International conglomerate. Teddy joined his uncle's company and rose to become its CEO, a role he held for many years, helping to build Astra into one of Indonesia's largest and most successful companies. After leaving Astra, he founded his own company, the Triputra Group, in 1998.

Triputra has since grown into a major diversified conglomerate in its own right, with significant interests in agribusiness (palm oil and rubber), manufacturing (auto parts), and mining (coal). In addition to his own group, he has been a highly successful investor, taking early stakes in other major Indonesian companies. He was a key early investor in the coal company Adaro Energy, a stake that has become a major component of his wealth. He is known for his modest lifestyle and for his focus on developing human capital within his companies.