Billionaire Profile

Global Rank

#2623

Image: Public domain | via Wikimedia Commons

Soegiarto Adikoesoemo

CEO, AKR Corporindo Tbk

Real-Time Net Worth

$1.25B

As of December 2025

Age

Source

Chemicals

Industry

diversified

Citizenship

Biography

Soegiarto Adikoesoemo, an Indonesian billionaire, has significantly impacted the chemical and energy sectors. Born in 1938, he founded AKR Corporindo, a company that has grown into a leading distributor of basic chemicals and petroleum products. His career began with a small chemical trading business in Surabaya, which evolved into a diversified conglomerate. His source of wealth is chemicals, and his business acumen has earned him an estimated net worth of $1.25 billion. Adikoesoemo's achievements include establishing key manufacturing plants and expanding AKR's operations to include logistics and property investment. Beyond business, he supports education, healthcare, and environmental conservation through his corporate social responsibility initiatives.

Wealth Over Time

Portfolio Holdings

In-Depth Profile

Early Life

Soegiarto Adikoesoemo was born in 1938 in Surabaya, Indonesia. He began his entrepreneurial journey with a small chemical trading business in the same city. His early life and upbringing in Surabaya laid the foundation for his future business endeavors.

Rise to Success

In 1978, Soegiarto incorporated PT Aneka Kimia Raya, which later became PT AKR Corporindo Tbk. This marked a significant step in his career, laying the groundwork for a business empire focused on trading and distributing essential chemicals. Soegiarto expanded his business ventures by building manufacturing plants such as Sorini and Khalista, which became leading sorbitol producers in Asia.

Key Business Strategies

Soegiarto Adikoesoemo's success is rooted in strategic diversification and expansion. He transformed AKR Corporindo from a chemical trading company into a diversified conglomerate. His business ventures also include the establishment of storage facilities at multiple ports. He also formed a joint venture with BP, an oil and gas company, to develop fuel and retail businesses.

Philanthropy

Soegiarto is known for his philanthropic activities. He supports various educational and cultural institutions. His son, Haryanto Adikoesoemo, is a passionate art collector and opened the Museum of Modern and Contemporary Art (Museum MACAN) in Jakarta, showcasing a vast collection of contemporary and modern art. Adikoesoemo supports community development and environmental sustainability through AKR Corporindo's corporate social responsibility initiatives.

Career Milestones

1960

Founded AKR Corporindo as a chemical trader

Began a small chemical trading business in Surabaya.

1978

Incorporated PT Aneka Kimia Raya

Expanded into trading and distributing basic chemicals.

N/A

Built Sorini and Khalista

Established sorbitol manufacturing plants.

1992

President Commissioner of PT AKR Corporindo Tbk

Appointed to the role, which he holds to date.

Philanthropy & Social Impact

Art and Culture

Museum MACAN

Undisclosed

Supports the Museum of Modern and Contemporary Art in Jakarta.

Community Development

CSR Initiatives