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Billionaire Profile
Hermanto Tanoko
Global Rank
#2566

Hermanto Tanoko

CEO, Paints
Surabaya, Indonesia
Real-Time Net Worth
$1.57B
Estimated based on Paints stock value as of September 10, 2026
-0.15% (24h)
Age
63
Source
Paints
Industry
Manufacturing
Citizenship
Indonesia

Biography

Hermanto Tanoko, a prominent Indonesian entrepreneur born in 1962, has built a vast business empire, primarily through the paint industry. His estimated net worth is $2.9 billion. Tanoko's career began at a young age, assisting his parents in their shop, eventually leading to his involvement in the family's paint business, PT Avia Avian. Under his leadership, Avia Avian grew to become a leading paint manufacturer in Indonesia. He later expanded into various sectors, including bottled water, property development, and cosmetics, and founded the Tancorp group. His success is marked by strategic business decisions and a commitment to innovation and expansion, earning him a spot among Indonesia's wealthiest individuals.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.57B
2025$3.00B
2024$2.90B

Portfolio Holdings

Avia Avian (PT Avia Avian Tbk)

Avia Avian (PT Avia Avian Tbk)

AVIAmanufacturing
Market Cap
$1.40B
Stock Price
$390
Revenue
$461M
Surabaya, Indonesia
1,292 employees
Founded 1978

In-Depth Profile

Early Life

Hermanto Tanoko was born in Malang, East Java, on September 17, 1962, to Soetikno Tanoko and Soeryani. His early life was marked by modest beginnings; his parents were shopkeepers. From a young age, Hermanto assisted his parents in their business, learning the fundamentals of trade and profit. His father started a paint shop in the 1970s, and Hermanto was involved in the business from a young age. He also helped manage a family pharmacy at 14.

Rise to Success

Hermanto joined PT Avia Avian in 1982 after his father started the paint production business in 1978. He became a key figure in the company's growth, eventually becoming the President Commissioner. His strategic vision and management skills were instrumental in transforming Avia Avian into a leading paint manufacturer in Indonesia. He implemented new innovations. The company went public in 2021.

Key Business Strategies

Tanoko's business strategies have been characterized by expansion and diversification. He established Tancorp as a holding company for his diverse business interests. Tanoko has also focused on innovation and product development, launching popular products like No Drop and expanding distribution networks. The company is also known for its strong vertical integration and is the only paint company listed on the Indonesia Stock Exchange.

Philanthropy

While specific amounts are not available, Hermanto Tanoko has shown a commitment to philanthropy. He is involved in various initiatives. He has also gifted shares to his granddaughter as part of his philanthropic efforts.

Career Milestones

1982

Joined PT Avia Avian

Began working at the family's paint business, playing a key role in the company's growth.

1996

President Commissioner of PT Avia Avian

Appointed as the President Commissioner, guiding the company's strategic direction and expansion.

2001

Master of Management

Earned a Master of Management degree from IBMT School of Management, Surabaya.

2016

Founded Tancorp

Established Tancorp, a holding company managing diversified business interests.

2021

PT Avia Avian IPO

Oversaw the successful IPO of PT Avia Avian on the Indonesia Stock Exchange.

Philanthropy & Social Impact

General

Various initiatives

Undisclosed

Supports multiple charitable causes.

Business Philosophy & Leadership

Notable Quotes

""Products must have unique strengths and be difficult to imitate to remain competitive.""

Leadership Principles

Innovation

Focusing on creating innovative products and services that set the company apart.

Reputation and Honesty

Emphasizing ethical practices and building a strong reputation.

Long-Term Vision

Preparing long-term strategies to look at the future of the market.

Billionaires Connected to Hermanto Tanoko

Peers in Manufacturing

All Manufacturing billionaires

Richest in Indonesia

All billionaires from Indonesia

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Hermanto Tanoko's net worth in 2026?
As of 2026, Hermanto Tanoko's estimated net worth is $1.572 billion, ranking #2566 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Hermanto Tanoko make their money?
Hermanto Tanoko's wealth primarily comes from Paints, most notably through Paints.
Where is Hermanto Tanoko from?
Hermanto Tanoko is from Indonesia.
How old is Hermanto Tanoko?
Hermanto Tanoko is 63 years old.

Sources & References

  1. Hermanto Tanoko — Forbes profile Forbes