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Billionaire Profile
Burhan Karim
Global Rank
#2895

Burhan Karim

CEO, Palm oil
Singapore, Singapore
Real-Time Net Worth
$1.32B
Estimated based on Palm oil stock value as of September 10, 2026
0% (24h)
Age
66
Source
Palm oil
Industry
Diversified
Citizenship
Indonesia

Biography

Burhan Karim is an Indonesian billionaire, a director of Musim Mas Holdings, one of the largest integrated palm oil companies in the world. His wealth stems from his involvement in the palm oil industry, where Musim Mas operates across the entire value chain, from cultivation to refining and manufacturing. The family's foray into palm oil began with the establishment of the first palm oil refinery in Indonesia in 1970. As COO of Musim Mas, Burhan Karim works alongside his brothers Bachtiar and Bahari, in running the family-owned enterprise. As of March 24, 2026, his net worth is estimated to be $1.3 billion.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.32B
2025$1.30B
2024$1.30B

Portfolio Holdings

Musim Mas

Musim Mas

manufacturing
Revenue
$8.20B
Singapore, Singapore
37,000 employees
Founded 1932

In-Depth Profile

Early Life

Burhan Karim, born in Indonesia, is part of the Karim family, who are of Chinese-Indonesian heritage. His family's entrepreneurial journey began with Anwar Karim, Burhan's father, who founded the Nam Cheong Soap Factory in Medan in 1932. This modest operation producing soaps and margarine laid the foundation for the family's later expansion into the palm oil industry.

Rise to Success

The Karim family's entry into the palm oil sector occurred in 1970, with the establishment of the first palm oil refinery in Indonesia. PT Musim Mas was officially established in 1972 in Medan. Under the guidance of Bachtiar Karim, the company evolved from its roots in soap and oleochemical production into a fully integrated palm oil operation. This integration involved upstream activities like plantations and mills, midstream refining and kernel crushing, and downstream exports of refined oils and derivatives. Musim Mas expanded its operations by starting its plantation in 1988. Burhan Karim, along with his brothers Bachtiar and Bahari, plays a key role in managing Musim Mas.

Key Business Strategies

Musim Mas has implemented several key business strategies. The company focuses on sustainable practices, with a commitment to deforestation-free palm oil. They have also invested in methane capture facilities to convert methane gas into energy. Furthermore, Musim Mas has a strong presence in the global market. The company has a global presence, with operations in 13 countries across Asia-Pacific, Europe, and the Americas.

Philanthropy

The Karim family has set up an entrepreneur center at the University of North Sumatra in Medan.

Career Milestones

1970

Palm Oil Refinery

The Karim family established the first palm oil refinery in Indonesia.

1972

PT Musim Mas founded

PT Musim Mas was officially established.

1997

Leadership transition

Bachtiar Karim assumed leadership after his father's death.

Philanthropy & Social Impact

Education

Entrepreneur Center

The family has set up an entrepreneur center at the University of North Sumatra in Medan.

Billionaires Connected to Burhan Karim

Peers in Diversified

All Diversified billionaires

Richest in Indonesia

All billionaires from Indonesia

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Burhan Karim's net worth in 2026?
As of 2026, Burhan Karim's estimated net worth is $1.323 billion, ranking #2895 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Burhan Karim make their money?
Burhan Karim's wealth primarily comes from Palm oil, most notably through Palm oil.
Where is Burhan Karim from?
Burhan Karim is from Indonesia.
How old is Burhan Karim?
Burhan Karim is 66 years old.

Sources & References

  1. Burhan Karim — Forbes profile Forbes