Prajogo Pangestu

$20.69 B

Ranked #120 in World

About Prajogo Pangestu

Indonesian tycoon Prajogo Pangestu, celebrated for founding the diverse Barito Pacific Group, has cemented his position in the energy sector. Born to a Hakka family in 1944, Pangestu's journey from a Jakarta newcomer to a notable investor showcases his ascent in industries spanning forestry to mining, with a focus on oil, gas, and geothermal operations. Holding sway over Star Energy, he recently acquired a substantial stake from BCPG, asserting full control. Barito Pacific, once a timber giant, continues to evolve within Indonesia's burgeoning market.

Born

May 13, 1944 in Bengkayang, Japanese-occupied East Indies

Age

81 years

Source Of Wealth

Petrochemicals, Energy

Industries

Diversified

Citizenship

Indonesia

Residence

Jakarta

Spouse

Herlina Tjandinegara

Children

Prajogo Pangestu, an Indonesian business magnate, investor, and philanthropist, was born on May 13, 1944, in Bengkayang, West Kalimantan. He comes from a Hakka family that originated from Guangdong, China.

Pangestu attended Chinese schools in Indonesia and later moved to Jakarta in 1965.

Prajogo Pangestu: Family

Information about Prajogo Pangestu's family is not provided in the given context.

Prajogo Pangestu: Career Highlights

In 1970, Pangestu joined Burhan Uray's timber company Djajanti Group. He rose through the ranks and became the general manager of PT Nusantara in 1976.

In 1977, he left Djajanti and ventured into his own business.

One of the companies controlled by Prajogo, PT Barito Pacific Timber Tbk, became the largest company on the Jakarta Stock Exchange as of 1993.

In 2007, the company underwent a name change to PT Barito Pacific Tbk to reflect its diversified business operations.

Pangestu holds control over Star Energy, a prominent oil & gas and geothermal company in Indonesia.

Barito Pacific owns the Transpacific Group, which holds an 80% stake in Transpacific Railway Infrastructure.

In March 2022, Green Era, a private Singapore-based company controlled by Pangestu, acquired 33.33% of Star Energy from Thailand's BCPG for $440 million. This transaction granted Pangestu full control of Star Energy.

Prajogo Pangestu: Companies

Prajogo Pangestu is associated with the following companies:

Barito Pacific Group
PT Barito Pacific Timber Tbk
PT Barito Pacific Tbk
Star Energy
Transpacific Group
Transpacific Railway Infrastructure
Green Era

Prajogo Pangestu: Major Achievements

Prajogo Pangestu's major achievements include:

Founding Barito Pacific Group, a successful conglomerate with diverse business interests.
Leading PT Barito Pacific Timber Tbk to become the largest company on the Jakarta Stock Exchange.
Establishing Star Energy as one of the leading oil & gas and geothermal companies in Indonesia.
Acquiring full control of Star Energy through Green Era's strategic investment.

Prajogo Pangestu: Awards & Achievements

Information about Prajogo Pangestu's awards and achievements is not provided in the given context.

Prajogo Pangestu: Personal Life & Legacy

Details about Prajogo Pangestu's personal life and legacy are not available in the provided context.

Prajogo Pangestu: Trivia

No trivia information is provided about Prajogo Pangestu in the given context.

Wealth History

Timeline

May 13, 1944

Prajogo Pangestu was born in Bengkayang, West Kalimantan, to a Hakka family from Guangdong, China.

1965

Prajogo Pangestu moved to Jakarta.

1970

Prajogo Pangestu joined Burhan Uray's timber company Djajanti Group.

1976

Prajogo Pangestu became general manager of PT Nusantara.

1977

Prajogo Pangestu left Djajanti and started his own business.

1993

PT Barito Pacific Timber Tbk, one of the companies controlled by Prajogo, was the largest company on the Jakarta Stock Exchange.

2007

The company changed its name to PT Barito Pacific Tbk to reflect its diversified businesses.

March 2022

Green Era, a private Singapore-based company controlled by Pangestu, purchased 33.33% of Star Energy from Thailand's BCPG for $440 million.

Prajogo Pangestu : FAQs

What is Prajogo Pangestu's current net worth?

Prajogo Pangestu's current net worth is $20.69 billion.

What is Prajogo Pangestu's current global rank among billionaires?

Prajogo Pangestu holds the 120th position globally among billionaires.

What is Prajogo Pangestu's current ranking within the Indonesia?

Prajogo Pangestu holds the 1st position in Indonesia.

What was the change in Prajogo Pangestu's net worth compared to the previous year?

Prajogo Pangestu's net worth decreased by 18.21 billion dollars compared to the previous year 2025, when his net worth was 38.90 billion dollars.

What is the recent change in Prajogo Pangestu's net worth?

Prajogo Pangestu's net worth increased by 650.1 million dollars recently, a 3.14% increase, with his net worth standing at 20.69 billion dollars.

What are Prajogo Pangestu's main sources of wealth?

Prajogo Pangestu's main source of income comes from Petrochemicals, Energy.

In which industry does Prajogo Pangestu primarily operate?

Prajogo Pangestu is primarily involved in the Diversified industry.

How old is Prajogo Pangestu?

Prajogo Pangestu is 81 years old.

How many children does Prajogo Pangestu have?

Prajogo Pangestu has 3 children.

Who is Prajogo Pangestu and what is his role in the Barito Pacific Group?

Prajogo Pangestu is an Indonesian business magnate, investor, and philanthropist, who founded the Barito Pacific Group, a diverse conglomerate active in forestry, plantation, oil and gas, mining, and geothermal sectors.

What are the key industries Barito Pacific Group operates in under Prajogo Pangestu's leadership?

Under Prajogo Pangestu's leadership, Barito Pacific Group operates in several key industries including forestry, plantation, oil and gas, coal and gold mining, as well as geothermal energy.

What major change did Prajogo Pangestu make to PT Barito Pacific Timber Tbk in 2007?

In 2007, Prajogo Pangestu oversaw the rebranding of PT Barito Pacific Timber Tbk to PT Barito Pacific Tbk, to more accurately represent the company's diversified interests beyond timber.

What significant business move did Prajogo Pangestu make regarding Star Energy in March 2022?

In March 2022, Prajogo Pangestu, through Green Era, a private company he controls, acquired a 33.33% share of Star Energy from Thailand's BCPG for $440 million, thus gaining full control of the company.

How did Prajogo Pangestu's early career progress before starting his own business?

Prajogo Pangestu began his early career by joining the timber company Djajanti Group in 1970, became general manager of PT Nusantara in 1976, but eventually left Djajanti in 1977 to start his own enterprise.