#2398

Winarko Sulistyo

Indonesia 80 years old Self-Made

Overview

Source of Wealth
paper and pulp
Industry
Manufacturing
Residence
Children
1

Assets

  • Fajar Surya Wisesa
    1,102,070,000 shares @ -
    -
    FASW-ID

Biography

Winarko Sulistyo gets his wealth from his stake in listed packaging paper producer Fajar Surya Wisesa.

The company went public in 1994. It produces industrial paper, such as coated duplex boxboard and corrugated cardboard.

The company's packaging paper is used by leading consumer good companies such as Nestle, Unilever and Samsung.

In May 2019, he sold a 45% stake to Thailand's Siam Cement for $557 million.