Biography
Soegiarto Adikoesoemo is an Indonesian billionaire businessman renowned for founding PT AKR Corporindo Tbk in 1960. Starting as a small chemical trading firm, he transformed it into a diversified conglomerate spanning petroleum distribution, logistics, chemical manufacturing, and industrial estates. His source of wealth is primarily derived from his significant stakes in AKR Corporindo. Adikoesoemo, with a high school education, listed the company on the Indonesia Stock Exchange in 1994 and expanded it through key partnerships, including a joint venture with BP for aviation fuel distribution. As of January 2026, his net worth is estimated at $1.3 billion. His career highlights include the establishment of PT Aneka Kimia Raya, and building significant sorbitol manufacturing plants in Indonesia and China, as well as the development of the Java Integrated Industrial and Port Estate (JIIPE).