Billionaire Profile
Eddy Kusnadi Sariaatmadja
Global Rank
#2584

Image: Public domain | via Wikimedia Commons

Eddy Kusnadi Sariaatmadja

CEO, Elang Mahkota Teknologi (Emtek)
ID
Real-Time Net Worth
$1.4B
As of December 2025
Age
72
Source
Media, tech
Industry
media-entertainment
Citizenship
ID

Biography

Eddy Kusnadi Sariaatmadja, born on August 23, 1953, is a prominent Indonesian entrepreneur and philanthropist, celebrated for his significant contributions to the media and technology sectors. With a net worth estimated at $1.4 billion as of 2024, he has established himself as a key figure in Indonesia's business landscape. His source of wealth stems from his ownership of Elang Mahkota Teknologi (Emtek), a major media and technology conglomerate, and his strategic investments in various startups. He holds a Bachelor's and Master's degree in Engineering from the University of New South Wales. Over the years, he has steered Emtek to control major television networks, including SCTV and Indosiar, solidifying his status as a leading media mogul.

Wealth Over Time

In-Depth Profile

Early Life

Eddy Kusnadi Sariaatmadja was born on August 23, 1953, in Jakarta, Indonesia. He is the first son of Mohamad Soeboeb Sariaatmadja, a businessman of Sundanese descent, and his mother, who is of Palembang-Malay descent. He completed his education in Australia, earning a Bachelor's degree in Civil Engineering in 1978 and a Master's degree in Engineering Science in 1980, both from the University of New South Wales.

Rise to Success

Eddy Kusnadi Sariaatmadja's business journey began in 1983 when he founded PT Elang Mahkota Komputer, which later became PT Elang Mahkota Teknologi (Emtek) in 1997. Initially, the company was a distributor of Compaq computers in Indonesia. Emtek expanded and acquired control over several Indonesian television channels, including SCTV and Indosiar. By 2005, Emtek had acquired Surya Citra Media, which operates SCTV. Emtek also made strategic investments in various startups such as Bukalapak and DANA. In 2020, Emtek acquired a majority stake in PT Sarana Meditama Metropolitan Tbk, which operates the Omni International Hospital network.

Key Business Strategies

A key strategy for Eddy has been the diversification of Emtek's business interests. This includes expanding into digital platforms like Liputan6.com and Vidio.com, investing in e-commerce and fintech, and entering the healthcare sector. Emtek has also partnered with Alibaba's Ant Financial for the DANA digital payment system. These moves have positioned Emtek as a major player in Indonesia's media, technology, and healthcare industries.

Philanthropy

Eddy Kusnadi Sariaatmadja is also recognized for his philanthropic efforts. In 2018, Forbes recognized him as one of Asia's most generous philanthropists, acknowledging his contributions to social and educational fields. In 2017, his media company, Emtek, hosted the Indonesian Diaspora Network Global event featuring Barack Obama as a speaker.

Career Milestones

1983

Founded PT Elang Mahkota Komputer

Founded PT Elang Mahkota Komputer, a company that became the foundation for Emtek Group.

1997

PT Elang Mahkota Komputer Rebranded to PT Elang Mahkota Teknologi (Emtek)

The company shifted its focus towards media and technology.

2002

Acquired Strategic Shares in PT Surya Citra Media Tbk (SCTV)

Emtek began its strategic moves in the media industry.

2004

Founded O Channel (now Moji)

Established the first local private television station in Jakarta in partnership with MRA Media.

2011

Acquired PT Indosiar Karya Mandiri Tbk (Indosiar)

Further expanded Emtek's presence in the television industry.

2018

Recognized as one of Asia's Most Generous Philanthropists

Forbes recognized Eddy Kusnadi Sariaatmadja for his contributions to social and educational fields.

2020

Acquired a majority stake in PT Sarana Meditama Metropolitan Tbk

Expanded into the healthcare sector.

Philanthropy & Social Impact

Healthcare

Donation to Royal Perth Hospital

$0.82M

Donated an O-Arm Scanner to Royal Perth Hospital in Australia.