Billionaire Profile
Peter Sondakh
Global Rank
#1162

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Peter Sondakh

CEO, Rajawali Corpora
INDONESIA
Real-Time Net Worth
$3.645B
Estimated based on Rajawali Corpora stock value as of March 6, 2026
-1.89% (24h)
Age
72
Source
Investments
Industry
finance-investments
Citizenship
INDONESIA

Biography

Peter Sondakh is an Indonesian billionaire known for his investments and entrepreneurial ventures. Born in 1953, he is the head of Rajawali Corpora, a prominent investment firm with interests in various sectors, including hotels, media, and mining. Sondakh's career began after his father's passing when he took over the family's business at the age of 20. He has a net worth of $3.7 billion as of 2024 and has been ranked among the wealthiest individuals in Indonesia. His journey includes founding Indonesia's first private television station, RCTI, and venturing into diverse businesses like property and palm oil. He is known for his business acumen, including his Express Taxis initiative, which provides drivers with a credit-based ownership scheme. Sondakh's leadership is marked by a commitment to continuous improvement and a willingness to adapt to changing market dynamics. Sondakh is married to Evi Yap Moeljohartono and has children.

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

Wealth Over Time

In-Depth Profile

Early Life and Family

Peter Sondakh was born in Manado, North Sulawesi, Indonesia, in 1953. His father was an exporter of wood and coconut oil. After his father's death when Peter was 20, he took over the family business, which provided his early foothold in the business world.

Rise to Success

Sondakh's entrepreneurial journey began when he took over his family's business at the age of 20, after his father's death. He expanded the business and, at 22, founded PT Rajawali Corpora in 1984. Rajawali Corpora became a significant investment group with diverse interests. Sondakh's success included founding RCTI, Indonesia's first private television station, and developing the Express Group taxi company. He also took over the cigarette company Bentoel Group and made it profitable.

Key Business Strategies

Sondakh is known for his strategic moves, including divesting from certain businesses to reinforce his capital. He has demonstrated a knack for identifying and capitalizing on opportunities, whether turning around state-owned enterprises or entering emerging sectors like palm oil. He is also known for acquiring and developing properties, including luxury hotels.

Philanthropy

In 2004, Sondakh founded the Rajawali Foundation (RF) as the philanthropic arm of Rajawali Corpora. The foundation supports research, education, and training to promote peace and prosperity and to conserve Indonesia's natural heritage.

Career Milestones

1984

Founded Rajawali Corpora

Established Rajawali Corpora, a significant investment group in Indonesia.

1987

Founded RCTI

Co-founded RCTI, Indonesia's first private television station.

1989

Founded Rajawali Property Group

Established Rajawali Property Group to develop international branded hotels.

1991

Acquired Bentoel Group

Acquired the cigarette company Bentoel Group and turned it profitable.

Philanthropy & Social Impact

Education and Conservation

Rajawali Foundation

Undisclosed

Promotes peace, prosperity, and the conservation of Indonesia's natural heritage through support for research, education, and training.

Business Philosophy & Leadership

Notable Quotes

"I want to know what's wrong with me. Unless you know your weaknesses, how can you improve?"

Leadership Principles

Continuous Improvement

Peter Sondakh emphasizes the importance of self-assessment and improvement to enhance business strategies.

Strategic Adaptation

He has demonstrated a willingness to adapt to changing market dynamics, selling assets and entering new sectors.

Controversies & Challenges

2017

FELDA's Investment in Eagle High Plantations

Controversy over FELDA's investment in Eagle High Plantations, a palm oil company owned by Sondakh, with allegations of overpaying for the stake.