Robert Budi Hartono

Robert Budi Hartono

Robert Budi Hartono is a Chinese Indonesian tobacco billionaire with 2004 net worth US$2.2 billion. He owns and runs privately held Djarum, the world's 3rd largest maker of clove cigarettes. Djarum has reportedly recently grabbing share from the number two cigarette firm, Sampoerna. Budi Hartono also has a stake with his brother, Michael Bambang Hartono in one of Indonesia's biggest banks, Bank Central Asia, formerly controlled by billionaire Liem Sioe Liong. In 2009, Budi Hartono's net worth reportedly reached US$4.7 billion and he was nominated as the richest Indonesian while Liem Sioe Liong was in 3rd place.
Budi Hartono was born at Semarang Central Java, and alumnus of Diponegoro University, Semarang.
Starting from Mr. Oei Wie Gwan buy a small business in the field named Djarum clove gramophon in 1951 changed its name to Djarum. Oei began marketing cigarettes under the brand "Djarum" which turned out to be successful in the market. After a fire nearly gutted the company in 1963, Djarum back up and modernize equipment in the factory. In 1972 began to Djarum cigarette export the product abroad. Three years later the market Djarum Djarum Filter, the brand 1st produced using the machine, followed by brand Djarum Super was introduced in 1981.
Together with her brother Michael Hartono, Robert at the age of 22 years have inherited one of the leading cigarette today, Djarum. The company Djarum previously a small business called Djarum gramophon which was later purchased by his father Robert in 1951 and changed its name to Djarum. Robert and his sister inherited it after his father died. At that time the company Djarum factory just burned and suffered an unstable condition. But then in the hands of the two brothers Hartono could grow into giants.
In a November 2012 listing, Budi Hartono and his brother Michael Hartono were reported by by Forbes magazine as the richest men in Indonesia in 2012 with a combined wealth of $US 15 billion. Budi Hartono was listed by Forbes as being worth $US 6.5 billion.

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