Billionaire Profile
Eddy Sugianto
Global Rank
#2623

Image: Public domain | via Wikimedia Commons

Eddy Sugianto

CEO, Prima Andalan Mandiri
ID
Real-Time Net Worth
$1.34B
As of December 2025
Age
79
Source
Coal
Industry
metals-mining
Citizenship
ID

Biography

Eddy Sugianto is an Indonesian billionaire and entrepreneur, primarily known for founding the Mandiri Group and serving as the President Commissioner of Prima Andalan Mandiri (MCOL), a coal mining company. Born in Pontianak on February 11, 1946, Sugianto's career began in sales before he established the Mandiri Group in 1981. Through strategic investments and leadership, he built a significant net worth, reaching $1.34 billion as of December 11, 2024. His primary source of wealth is the coal industry, particularly through Prima Andalan Mandiri, which went public in 2021. Eddy Sugianto is ranked #2623 on the Forbes Billionaires list for 2025.

Wealth Over Time

In-Depth Profile

Early Life

Eddy Sugianto was born in Pontianak, Indonesia, on February 11, 1946. He attended Tjheng Qiang Chinese School, graduating in 1963.

Rise to Success

Sugianto's professional journey began in 1974 as a marketing manager at PT New Safety, where he worked for six years. In 1981, he founded the Mandiri Group. Over the years, Mandiri Group became a prominent player in the coal mining sector. In 2005, he became the President Commissioner of Prima Andalan Mandiri. Prima Andalan Mandiri was listed on the Indonesian Stock Exchange (IDX) in September 2021. In 2023, his coal services company, Mandiri Herindo Adiperkasa (also known as Mandiri Services), raised $31 million through an IPO. In June 2024, Mandiri Services won a $1.5 billion coal transport deal.

Key Business Strategies

Eddy Sugianto's business strategy has focused on the coal industry, particularly coal mining and transport. The Mandiri Group has expanded its operations to include exploration, operational management, and logistics.

Philanthropy

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Career Milestones

1974

Marketing Manager

Began career as a marketing manager at PT New Safety.

1981

Founder

Founded Mandiri Group.

2005

President Commissioner

Became the President Commissioner of Prima Andalan Mandiri.

2021

Prima Andalan Mandiri IPO

Took Prima Andalan Mandiri public on the Indonesian Stock Exchange.

2023

Mandiri Services IPO

Mandiri Herindo Adiperkasa (Mandiri Services) IPO.

Philanthropy & Social Impact

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Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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