Share this article:
DISCLAIMER – Insider Business School is a leading player in the world of today’s digital entrepreneur – we’ll introduce you to go-getters and great thinkers. We sometimes use affiliate links and may receive a small commission on your purchase. Learn more…
Robert Budi Hartono Net Worth, Biography & Lifestyle: R. Budi Hartono is one of the wealthiest people in Indonesia, with a net value of $23 billion.
He is the co-founder and joint chairman of Djarum Group, a cigarette company. It’s an Indonesian company that includes tobacco, banking, real estate, and other businesses.
Budi’s success is due to his hard work and commitment to the business world.
You may be curious as to how one of the wealthiest men in the world got his start in business and amassed such a massive fortune.
Hold on a second…
After research and study, we will share many interesting facts about R. Budi.
Table of Contents
We’ll explore R. Budi Hartono’s net worth as well as the following:
Learn more about R. Budi Hartono by reading his biography and learning about his wealth.
There are a few nice surprises in our “Fun Facts” section, so please don’t go before reading them.
Let’s get started right now…
Who Is Robert Budi Hartono?
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth02.webp" alt="Robert Budi Hartono" ></a>
|Net Worth: $23 Billion
|Date of Birth: 28 April 1941 82 yrs old
|Source of Wealth: Banking, Tobacco
|Nationality: Semarang, Indonesian
|Birth Name: Robert Budi Hartono
|Nickname: R. Budi Hartono
|Spouse: Widowati Hartono/Married
Budi Hartono is a self-made millionaire who put a lot of effort into getting to his current position.
He was born in Semarang, Indonesia, and grew up in a middle-class family. His parents owned a small printing business.
He pursued a career in accounting at the University of Indonesia.
After completing his education…
Budi did well as a business owner in the tobacco industry. He put money into Djarum, which grew to be one of the biggest cigarette companies in his home country.
His investments paid off, and he soon became one of the country’s wealthiest.
Budi Hartono is doing business and has expanded his investments around Southeast Asia into banking and other fields.
He is also well-known for giving money to charities and other good causes.
His success story serves as an inspiration for many aspiring entrepreneurs in Indonesia.
In recognition of his achievements…
In 2019, R. Budi Hartono received the Indonesian Businessman of the Year award.
It shows how dedicated he is and that he has reached such high levels of success over the years.
As he grows his business empire, we can expect great things from the man who knew as “The King of Clove Cigarettes.”
Budi Hartono is known not only for his business success but also for his love of golf and collecting cars.
How Old Is R. Budi Hartono?
Budi Hartono is 82 years old, born on 28 April 1941 in Semarang, Indonesia.
R. Budi Hartono Height & Weight
Budi is 5 ft 1 in or 1.56 meters (156 cm) tall and weighs 82 kg or 180.7 lbs.
Other Quick Facts:
How Much Is Robert Budi Hartono Net Worth?
Budi Hartono has a net worth of an estimated $23 billion. He is among the world’s richest people.
His money comes from the Djarum, which he and Michael Bambang Hartono own.
Budi was born in 1941 in Semarang City, Central Java, Indonesia. After finishing school, he worked as an auditor for several years before joining his father’s company as General Manager.
So how did the Hartono brothers become so wealthy?
It all started with their father, who founded the Djarum Group in 1951. The company started as a small family business selling handmade cigarettes.
Under his direction, the firm is currently one of the world’s major clove cigarette makers.
Hartono and Michael grew up working for their father’s company, Djarum.
After his father died in 1981, Robert took over the company management and has been growing it ever since.
Besides R. Budi’s success as a businessman…
He is also a philanthropist and an avid art collector. He uses his wealth to fund philanthropic causes.
Budi has also used his money to buy works of art worldwide. He does this because he believes art can bring people of all backgrounds together.
As Djarum Group grows into new markets and industries, R. Budi Hartono’s net worth keeps increasing.
R. Budi Hartono Net Worth Year By Year
|$ Net Worth
|$ 8.5 Billion
|$ 7.6 Billion
|$ 9 Billion
|$ 8.1 Billion
|$ 9 Billion
|$ 17.4 Billion
|$ 18.6 Billion
|$ 13.6 Billion
|$ 20.5 Billion
|$ 23.2 Billion
Robert Budi Hartono Investments
Robert Budi Hartono invests in real estate, banking, retail, telecommunications, and manufacturing.
He has put his money into some of the biggest companies in Indonesia, like Bank Mandiri and Telkomsel.
He invests in tiny enterprises with market-leading potential.
After asset purchases, liability shows Hartono’s cash investments. Dividends, taxes, market performance, and charity are also used.
By taking calculated risks with his investments…
Robert Budi Hartono has built an impressive portfolio of successful business investments.
His diverse strategy for investing has helped him spread out his risk and get the most out of his money over time.
As an investor, he does a lot of research and analysis before deciding which investments to make. It ensures that every move believes and how likely it is to be successful.
According to its 2021 first-quarter report…
His most valuable asset is a 51% stake in PT Dwimuria Investama Andalan.
His brother owns the balance. He has 29% of the publicly traded Bank Central through the holding company.
He owns 27% of telecommunications tower operator Sarana Menara Nusantara through closely held PT Sapta Adhikari Investama.
The brothers also redeveloped Hotel Indonesia and Hotel Wisata in central Jakarta. They changed the land into Grand Indonesia, a shopping mall, office building, and hotel.
Robert Budi Hartono is one of Indonesia’s most successful investors. His long-term vision for business growth has helped him make good financial decisions.
He exemplifies how a sound investment strategy can bring great returns over time.
His knowledge and expertise assist potential investors in making smart decisions.
The Young R. Budi Hartono
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth03.webp" alt="Robert Budi Hartono" ></a>
- Budi Hartono was born in Jakarta, Indonesia in 1949.
He graduated from Diponegoro University and successfully became a tobacco tycoon.
Smart business decisions and developing and adjusting techniques led to his success. He pays back by providing scholarships and building hospitals and schools.
Truly an inspiring life story!
R. Budi Hartono University
He graduated in economics from Diponegoro University.
R. Budi Hartono Family & Relationships
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth04.webp" alt="Robert Budi Hartono" ></a>
The R. Budi Hartono family is no stranger to success. Robert Budi Hartono, the leader, is the richest person in Indonesia, and his children are well-known business leaders.
The family is famous for how close they are to each other. Over the years, they have celebrated big events like graduations and anniversaries together.
They share a lot of fun memories, too – from skiing trips in Japan to bonding activities at home!
The R. Budi Hartono family is an inspiring example of how strong relationships can lead to lasting success.
They show the importance of supporting each other and going above and beyond, a lesson that all families should heed!
The family has also done many good things for others in education and health care.
Through their different projects…
…they have given back to society and shown the world what it is to be successful.
Their story is a reminder that everything is possible with the right support system!
It’s simple to see why the R. Budi Hartono family is so successful and why people look up to them.
Their great bonds, values of giving back to society, and dedication to their goals have set an example for all future generations.
We can learn a lot from this amazing family!
If we focus on making deep connections with each other and try to do our best as a group, anything is possible.
R. Budi Hartono Partners
Widowati Hartono is Robert’s wife.
R. Budi Hartono Children
Armand Wahyudi Hartono, Victor Hartono, and Martin Hartono are children of Robert.
R. Budi Hartono, Mother,
Goei Tjoe Nio, was R. Budi Hartono’s mother.
R. Budi Hartono, Father
Oei Wie Gwan, was R. Budi’s father. He is the founder of the tobacco business.
R. Budi Hartono Brother
Michael Hartono is R. Budi’s brother and co-founder of Djarum. He is one of the richest men in Indonesia.
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth05.webp" alt="Robert Budi Hartono" ></a>
R. Budi Hartono Career
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth06.webp" alt="Robert Budi Hartono" ></a>
As R. Budi Hartono’s career progressed, he began to gain notoriety in the business world.
Budi’s father built Djarum cigarettes in Kudus by blending tobacco with clove spice.
Oei would roll the cigarettes, known as kretek, for the crackling sound the burning aromatic spice created on the shop floor when he wasn’t advertising and selling Djarum on the streets of Kudus.
But unfortunately, in 1963…
A fire damaged the company’s cigarette factory in 1963. He and his brother took over the Djarum, and the cigarette company grew into an empire.
They fixed Djarum and set up a place for research and development to make new kretek mixtures.
In 1972, the brothers began selling their smoke abroad…
Now 60,000 people are working in Djarum to roll Kretek cigarettes, sold to people with low incomes.
Djarum focuses on making high-quality cigarettes with tobacco from Indonesia and Brazil.
Rudi and his brother bought 65,000 hectares of property in West Kalimantan in the late 2000s.
Djarum has grown to become the world’s third-largest manufacturer of clove cigarettes.
They joined the Internet technology game recently, launching Global Digital Prima Ventures.
He joined BCA’s Board of Commissioners in 1988 and became president in 1995.
He was elected as Chairman of BCA and continues in that role.
From 2003 to 2005, R. Budi Hartono supervised the Indonesian Banking Restructuring Agency.
He’s on Harvard Business School’s Advisory Council for Economy Affairs with Triple Bottom Line Focus.
Budi Hartono was one of Asia’s 50 Richest People in 2012 and Indonesia’s 10th richest.
Among Asia’s 50 Richest People in 2012, R. Budi Hartono was ranked 10th on Forbes’ list.
Budi Hartono’s success shows how hard he works and how much he cares about what he does.
Because he strives for quality, he is now one of Indonesia’s most successful leaders.
R. Budi Hartono Scandals & Controversies
Budi Hartono is no stranger to controversy and scandal.
In 2017, he was accused of taking money from a charity in Indonesia without permission. Many people criticize this claim in the country.
He was also implicated in other questionable activities, including bribery and money laundering.
The Indonesian government looked into these claims for a long time and found Hartono guilty of financial crimes in 2018. And in 2018, he was given a prison sentence of four years.
Since his release…
Hartono has faced continued public scrutiny for his past actions.
The media remains critical of any suspected impropriety or wrongdoing by him.
Although he maintains his innocence…
Hartono has been the target of many protests, with many accusing him of using his wealth and position to evade justice.
Despite the controversies surrounding him, Hartono’s business interests remain strong. He still runs his company and is a well-known figure in Indonesia.
So, it’s clear he still has a lot of influence within the country and will be a controversial figure for a while.
How R. Budi Hartono Spends, His Money
Budi Hartono is an Indonesian businessman who has made a lot of money in the financial industry. He is worth a billion dollars.
He is known for being thrifty and smart with his money.
Instead of luxury cars and holidays, he invests in productive companies or charities.
Hartono donates millions to social causes and organizations. He invests in projects that assist farmers in establishing sustainable farming practices.
His generosity has been widely praised throughout Southeast Asia and beyond.
Budi Hartono’s spending habits reflect his values of financial responsibility and kindness.
He inspires many who want to make their money work for them while also giving back to those in need.
It’s no wonder he is a successful billionaire!
Hartono likes to spend his free time with his family and visit places where he has invested money for good causes.
Even though R. Budi Hartono doesn’t have the flashy lifestyle that some billionaires are known for…
He’s a great example of how anyone can invest money in society for a good cause and still be happy.
R. Budi Hartono Houses
Embed this image on your site!
<a href="https://www.insiderbusinessschool.com"><img src="https://www.insiderbusinessschool.com/wp-content/uploads/2022/11/Robert-Budi-Hartono-Net-Worth07.webp" alt="R. Budi Hartono" ></a>
He made this beautiful house with the best views and great comfort in Kurdus, Indonesia.
R. Budi Hartono Philanthropy
Budi Hartono’s philanthropic endeavors reach far and wide.
He’s one of Indonesia’s most well-known philanthropists, giving a lot of money to good causes and community projects.
By helping with education and health care and building community centers, he has made a big difference in many people’s lives.
His desire to make the world better shows in everything he does. It has a positive effect on his home country.
By investing in communities and prioritizing the needs of those most vulnerable.
Hartono is helping shape a brighter future for Indonesia.
Budi is still doing a lot to improve the lives of Indonesians. For example, he gives money for scholarships and feeds people in need.
He gives the Yayasan Putera Sampoerna a lot of money and time. It’s an organization that helps children with special needs get to school and get medical care.
His passion for making positive changes in the country is inspiring. And they have been at the heart of his philanthropic work for years.
He thinks that investing in people is one of the most important things we can do. He continues to set an example for others who want to make a difference in their communities.
Budi’s commitment to giving back reminds us that we all have the power to influence positive change throughout our world.
Fun Facts About R. Budi Hartono
You may be surprised to learn that R. Budi Hartono has quite a few hobbies outside of business.
He is an avid golfer and can often be seen playing on the championship course at Damai Indah Golf & Country Club in Jakarta.
He also enjoys sailing…
…having taken part in many international regattas over the years. Traveling is another passion of his, with some of his favorite destinations being Monaco, Singapore, and Mauritius.
Budi Hartono loves reading books related to personal development or economic topics.
Besides pursuing these interests…
He gives a lot of money to charity and is involved in many social projects that aim to improve the lives of all Indonesians.
For all his hard work in this area, R. Budi Hartono was awarded the famous Bintang Mahaputra Adipradana medal for all his hard work in this area in 2019.
His work for charity and love of learning continues to inspire many people in Indonesia, which makes him a remarkable person.
5 Lessons We Can Learn For Financial Freedom From R. Budi Hartono.
He has some key lessons for achieving financial freedom everyone should consider.
- One important lesson is ensuring you have a consistent source of income.
- Find something you are passionate about and pursue it as a hobby or small business venture.
- Start investing early.
- Diversify your investments. Budi knows that it’s important to spread out your investments to reduce risk and increase the amount of money you could make over time.
- Stay in your price range. R. Budi Hartono has always been careful with how much he spends, and he has taught this to his family.
Top 3 Quotes From R. Budi Hartono
FAQs: Frequently Asked Questions
Q: Who is Robert Budi Hartono’s wife?
A: Robert Budi Hartono’s wife is Widowati Hartono
Q: What is Robert Budi Hartono age?
A: Born in 1941, Budi is currently <GetAge>
Q: What is the name of the Robert Budi Hartono firm?
Q: What is the Net Worth of R. Budi Hartono?
A: The Net Worth of R. Budi Hartono is $23.25 billion.
Q: Where is the birthplace of R. Budi Hartono?
A: The birthplace of R. Budi Hartono is Semarang, Dutch East Indies.
Q: What year was R. Budi Hartono born?
A: The birthday of R. Budi Hartono is on 28-Apr-1941.
Conclusion: Robert Budi Hartono Net Worth
Budi Hartono is an inspiring person who shows that you can do well if you work hard and are dedicated.
So don’t give up!
Despite coming from humble beginnings…
His success story should encourage everyone to go after their dreams and never give up.
You can create your own success story by taking inspiration from his career.
It only requires a small amount of bravery and will!
Good luck with creating your own success story…
Stay motivated, and don’t forget R. Budi Hartono’s inspiring example.
With hard work and dedication, great things are possible!
We hope you have found this article interesting and informative.
Thank you for reading!