#1067

Theodore Rachmat

Indonesia 82 years old

Overview

Source of Wealth: Diversified
Industry: Diversified
Residence: Jakarta
Education: Bandung Institute of Technology (Bachelor of Arts/Science)
Marital Status: Married
Children: 3

Assets

Adaro Andalan Indonesia

960,042,000 shares @ -

-

AADI-ID
Adaro Energy

5,024,995,000 shares @ -

-

ADRO-ID
Adi Sarana Armada

1,692,192,000 shares @ -

-

ASSA-ID
Bank Tabungan Pensiunan Nasional Syariah

0 shares @ -

-

BTPS-ID
Dharma Polimeta

2,661,882,000 shares @ -

-

DRMA-ID
Kirana Megatara

1,495,588,000 shares @ -

-

KMTR-ID
PT Dharma Satya Nusantara Tbk

3,404,669,000 shares @ -

-

DSNG-ID
Surya Esa Perkasa

1,360,931,000 shares @ -

-

ESSA-ID
Triputra Agro Persada

8,711,648,000 shares @ -

-

TAPG-ID

Biography

Theodore Rachmat, known as Teddy, founded Triputra group in 1998; its business lines now include agriculture, manufacturing and mining.

Rachmat owns a minority stake in listed coal company Alamtri Resources Indonesia, formerly Adaro Energy, where he is vice president commissioner.

He started out at automotive group Astra International, founded by his uncle William Soeryadjaya, in 1968. He eventually became CEO.

His son Ariano is vice president director and deputy CEO of Alamtri Resources; son Arif Patrick, who worked for GE for seven years, is cofounder and chairman of palm oil giant Triputra Agro Persada.

Alamtri Resources listed its thermal coal unit Adaro Andalan Indonesia in 2024, raising $259 million.

About

Triputra means three children.

Rachmat was awarded the Bintang Jasa Utama medal of honor from Indonesian president Joko Widodo in 2019.