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Billionaire Profile
Eddy Sugianto
Global Rank
#3013

Image: Unknown Author | Public domain | via Wikimedia Commons

Eddy Sugianto

CEO, Coal
INDONESIA
Real-Time Net Worth
$1.11B
Estimated based on Coal stock value as of March 6, 2026
+0.95% (24h)
Age
79
Source
Coal
Industry
Energy
Citizenship
INDONESIA

Biography

Eddy Sugianto, a 79-year-old Indonesian entrepreneur, is a prominent figure in the metals and mining industry. His estimated net worth is $1.1 Billion, primarily derived from his extensive holdings in the coal sector. Eddy Sugianto is the founder of the Mandiri Group and currently serves as the President Commissioner of Prima Andalan Mandiri, a coal mining company. His career includes significant roles in sales and marketing before founding the Mandiri Group in 1981. He is known for strategic leadership and a focus on long-term business growth, as evidenced by his company's successful IPO and expansion into related sectors.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Eddy Sugianto was born on February 11, 1946, in Pontianak, Indonesia. Starting from humble beginnings, he demonstrated an early entrepreneurial spirit.

Rise to Success

Eddy Sugianto's journey to becoming a billionaire began in 1981 when he founded the Mandiri Group. Before this, he held roles in sales and marketing, with experience at PT New Safety from 1974 to 1980 as a Marketing Manager. This experience laid the groundwork for his future endeavors. The Mandiri Group expanded into the coal mining sector, becoming a significant player under Eddy's leadership. His strategic acumen led to the successful IPO of Prima Andalan Mandiri in 2021, raising $32 million.

Key Business Strategies

Eddy Sugianto's success can be attributed to several key strategies. He focused on building an integrated coal mining business, including exploration, operations, and logistics. This vertical integration allowed for greater control and efficiency. In 2024, Mandiri Services won a $1.5 billion coal transport deal, further solidifying the company's revenue stream. His focus on long-term planning and strategic acquisitions has been critical to his wealth.

Philanthropy

While specific philanthropic initiatives are not widely publicized, the success of Eddy Sugianto's companies has contributed to the Indonesian economy through job creation, increased revenue, and community development.

Career Milestones

1963

Graduated from Tjheng Qiang Chinese School

Completed education, setting the stage for future career.

1974-1980

Marketing Manager at PT New Safety

Gained experience in sales and marketing.

1981

Founded Mandiri Group

Established the foundation for his business empire in the coal industry.

2005

President Commissioner of Prima Andalan Mandiri

Took on a leadership role in the company.

2021

Prima Andalan Mandiri IPO

Took Prima Andalan Mandiri public in 2021, raising $32 million

2023

Mandiri Services IPO

His coal services company Mandiri Herindo Adiperkasa, also known as Mandiri Services, raised $31 million through an IPO in 2023.

2024

Forbes Indonesia's 50 Richest

Listed on the Forbes Indonesia's 50 Richest list

Philanthropy & Social Impact

N/A

Not Specified

N/A

Details not available publicly

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