Sutanto Djuhar, 87

By : GlobeAsia | on 12:10 AM July 04, 2016
Category : uncategorized

First Pacific

Investments, property

$565 million (2015) $545 million (2016)

Sutanto Djuhar is the only surviving member of what was known as the “gang of four,” a powerful group of businessmen who prospered during the Suharto era.

He founded numerous companies with different joint partnerships but mainly with the other members of the gang, business legend Lim Sioe Liong, Sudwikatmono and Ibrahim Risjad.

He was the driving force in the creation of the Indocement business and Salim Group’s Bogasari Flour. Like Liem a native of Fujian in China, he was a major donor in helping development in the former poverty-stricken region.

Sutanto is no longer involved in the business and leaves responsibility for the First Pacific Group to son Teddy Djuhar and Anthoni Salim.

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