Billionaire Profile

Global Rank

#1657

Image: Public domain | via Wikimedia Commons

Bambang Sutantio

CEO, Cisarua Mountain Dairy (Cimory)

Real-Time Net Worth

$2.2B

As of December 2025

Age

Source

Dairy & consumer products

Industry

food-beverage

Citizenship

Biography

Bambang Sutantio, a prominent figure in the Indonesian food and beverage industry, is the founder of Cisarua Mountain Dairy (Cimory). His estimated net worth in 2024 is $2.2 Billion, making him one of Indonesia's wealthiest individuals. Sutantio's wealth stems from his success in the dairy and consumer products sector. His career began in the meat processing industry, with the establishment of Macroprima Panganutama in 1993, producing Kanzler sausages. He then diversified into the dairy business in 2004, creating Cimory to support dairy farmers. Cimory's initial public offering in 2021 further solidified his financial standing. Sutantio studied food technology at the Technical University of Berlin.

Wealth Over Time

Portfolio Holdings

PT Garudafood Putra Putri Jaya Tbk

In-Depth Profile

Early Life

Bambang Sutantio was born in Semarang, Indonesia, on December 26, 1958. He pursued education in food technology at the Technical University of Berlin, graduating in 1984.

Rise to Success

Sutantio's entrepreneurial journey began in 1993 with the establishment of Macroprima Panganutama, a meat processing company that produced Kanzler sausages. In 2004, he expanded into the dairy business, founding Cisarua Mountain Dairy (Cimory). Cimory quickly became known for its dairy products such as milk and yogurt, as well as processed meats. In December 2021, Cimory went public, raising over $200 million.

Key Business Strategies

Sutantio's success can be attributed to several key strategies. Firstly, the company's focus on producing high-quality dairy and processed food products that are aimed to be products he would serve his family. Secondly, the company's expansion into the domestic market, later exporting some of its products to Singapore and the Philippines.

Philanthropy

Specific details about Bambang Sutantio's philanthropic initiatives are not readily available in the provided search results. However, his involvement in the dairy industry and Cimory's focus on community well-being indicates a potential for charitable endeavors. Further research may be needed to reveal the exact amounts of his philanthropic efforts.

Career Milestones

1993

Founded Macroprima Panganutama

Established a meat processing company, producing Kanzler sausages.

2004

Founded Cisarua Mountain Dairy (Cimory)

Ventured into the dairy business, producing milk and processed milk products.

2019

EY Entrepreneur of the Year

Awarded the EY Entrepreneur of the Year in the Food Manufacturing category.

2021

Cimory IPO

Took Cimory public, raising over $200 million.

Philanthropy & Social Impact

REAL initiative

$XB

REAL description

Business Philosophy & Leadership

Notable Quotes

"To make products that he would be happy to serve his own family."

Leadership Principles

Visionary Leadership

Bambang Sutantio is known for his visionary leadership in the food and beverage industry, especially in the dairy sector.

Focus on Quality

Sutantio emphasized producing high-quality products and is committed to making products that he would serve to his own family.