Prajogo Pangestu, 66

GlobeAsia
July 3, 2016 | 12:52 am
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Barito Pacific Group

Petrochemical

$660 million (2015) $710 million (2016)

Well known as one of the most creative minds in Indonesian business, Prajogo turned around what was once the world’s largest plywood producer to concentrate on the petrochemical industry.

He controls the Chandra Asri Petrochemical Center and a number of subsidiaries include a joint venture with French tire producer Michelin.

His Star Energy operates the 110 MW Wayang Windu geothermal power plant in West Java and has other oil and gas operations. The business also has interests in palm oil plantations in Kalimantan and in the property sector, where it controls an industrial park under PT Griya Idola.

Son Agus now serves as president director of Barito Pacific, while Prajogo is the president commissioner.

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