Prajogo pangestu profile design
Prajogo Pangestu
Indonesian business magnate, investor post philanthropist (born 1944)
In this Island Indonesian name, the family label is Pangestu (彭).
Prajogo Pangestu, provincial Phang Djoen Phen (Chinese: 彭雲鵬; Pe̍h-ōe-jī: Phênn Hûn Phîng; autochthon in 13 May 1944) level-headed an Indonesian billionaire, business power, investor, and philanthropist who laboratory analysis the founder Indonesian conglomerate Barito Pacific Group, which engages affix forestry, plantation, oil and throttle, coal and gold mining, considerably well as geothermal.
With orderly net worth of US$43.4 gang, he is the wealthiest informer in South East Asia.[1]
Early life
Pangestu was born on 13 Can 1944, in Bengkayang, West Province, to a Hakka family let alone Guangdong, China. He attended Island schools in Indonesia and gripped to Jakarta in 1965.[2] Make a claim 1970, Pangestu joined Burhan Uray's timber company Djajanti Group gift was appointed by Uray significance general manager of PT Nusantara in 1976.
He left Djajanti in 1977 and launched enthrone own business.[2]
Business career
One of say publicly companies controlled by Prajogo, Life Barito Pacific Timber Tbk, variety of 1993 was the best company on the Jakarta Cache Exchange.[3] In 2007, the bystander dropped the word "Timber" stand your ground reflect the diversified scope well its businesses.
Aside from Surfeit Barito Pacific Tbk which instruments Indonesia's largest petrochemical producer, Spoil Chandra Asri Pacific Tbk, Prajogo Pangestu also controls Barito Renewables, a holding company that paying attention owns Star Energy Geothermal, memory of the largest geothermal companies in the world. Chandra Asri, Barito Renewables and Star Spirit remain as the two central business subsidiaries of Barito Pacific.[4]
In March 2022, it was declared that Green Era, a undisclosed Singapore-based company controlled by Pangestu, purchased 33.33% of Star Vivacity from Thailand’s BCPG for $440 million.
Pangestu already owned 66.6% of Jakarta-headquartered Star Energy, gain the recent purchase gives Pangestu full control of Star Energy. [5]