Billionaire Profile
Edwin Soeryadjaya
Global Rank
#3332

Image: Kungkang | CC BY-SA 3.0 | via Wikimedia Commons

Edwin Soeryadjaya

CEO, Adaro Energy
ID
Real-Time Net Worth
$1B
Estimated based on Adaro Energy stock value as of May 3, 2026
Age
76
Source
Coal, investments
Industry
energy
Citizenship
ID

Biography

Edwin Soeryadjaya (born July 17, 1949) is an Indonesian businessman and investor. The son of William Soeryadjaya, the founder of Astra International, Edwin rebuilt his family's fortune after his father's company faced financial difficulties. His wealth source is coal and investments. Edwin founded Saratoga Investama Sedaya in 1998, which holds significant stakes in Adaro Energy, a major coal producer, and has investments in the cell tower company Tower Bersama Infrastructure. He has achieved the 12th position as the richest person in Indonesia and ranks #3332 globally, underscoring his success in the energy and infrastructure sectors. He graduated from the University of Southern California.

Fact Checked
Verified by Editorial Team
Live Data
Updated 5/3/2026

Wealth Over Time

In-Depth Profile

Early Life

Edwin Soeryadjaya was born in Jakarta, Indonesia, on July 17, 1949. He is the second son of William Soeryadjaya, the founder of Astra International, one of Indonesia's largest conglomerates. Edwin's early life was shaped by his father's entrepreneurial spirit and the family's involvement in the business world.

Rise to Success

Edwin joined Astra International in 1978, where he spearheaded the restructuring of the company's financial structure. He played a key role in taking the company public in 1990, which was the largest IPO in Indonesia at the time. After leaving Astra in 1993, Edwin established Saratoga Investama Sedaya in 1998. Through Saratoga, he made strategic investments in the energy and infrastructure sectors.

Key Business Strategies

Edwin's key business strategies revolved around identifying promising investment opportunities, particularly in the natural resources and infrastructure sectors. He focused on companies with strong growth potential and the ability to generate significant returns. His investments in Adaro Energy and Tower Bersama Infrastructure are prime examples of his strategic approach.

Philanthropy

Edwin Soeryadjaya is known for his philanthropy and support of various social causes. He has established foundations to support education, healthcare, and community development. He has also supported numerous cultural initiatives.

Career Milestones

1978

Joined Astra International

Joined Astra International, contributing to the company's restructuring.

1990

Astra IPO

Spearheaded the IPO of Astra International, the largest IPO in Indonesia at the time.

1998

Founded Saratoga Investama Sedaya

Established Saratoga Investama Sedaya, an investment firm.

2008

Adaro Energy IPO

Adaro Energy's IPO raised $1.3 billion.

2011

Acquired Mandala Airlines

Acquired Mandala Airlines with Sandiaga Uno.

Philanthropy & Social Impact

Philanthropy

Support for education, healthcare, and community development

Undisclosed

Edwin Soeryadjaya supports various social causes through foundations he established.

Arts and Culture

Support for cultural initiatives

Undisclosed

He has supported numerous cultural initiatives.

Education

INSEAD Leadership Development Center

$3.8M

The Soeryadjaya family donated approximately $3.8 million USD towards funding INSEAD's new Leadership Development Center in Singapore.

Business Philosophy & Leadership

Notable Quotes

"I'm the son of a former billionaire, but I'm just a working man."