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Billionaire Profile
Soegiarto Adikoesoemo
Global Rank
#2736

Image: Unsplash Contributor | Unsplash License | via Unsplash

Soegiarto Adikoesoemo

CEO, Chemicals
INDONESIA
Real-Time Net Worth
$1.307B
Estimated based on Chemicals stock value as of March 6, 2026
-0.59% (24h)
Age
87
Source
Chemicals
Industry
Manufacturing
Citizenship
INDONESIA

Biography

Soegiarto Adikoesoemo, an Indonesian billionaire, is a prominent figure in the chemical and diversified industries. Born in 1938, he founded AKR Corporindo, a leading company specializing in the trade and distribution of chemicals and petroleum products in Indonesia, over 60 years ago. His career began with a chemical trading business in Surabaya, which expanded to include logistics services, chemical manufacturing, and industrial estates. As President Commissioner of AKR Corporindo Tbk, Soegiarto has overseen the company's growth, including ventures with BP in fuel distribution. Beyond business, he is recognized for his philanthropy and his family's significant contribution to the arts, including the Museum MACAN in Jakarta, founded by his son, Haryanto Adikoesoemo.

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

Wealth Over Time

In-Depth Profile

Early Life

Soegiarto Adikoesoemo was born in 1938 in Surabaya, Indonesia. He began his career with a small chemical trading business in Surabaya.

Rise to Success

In 1960, Soegiarto founded AKR Corporindo as a chemical trader. Over the years, AKR Corporindo evolved into a leading distributor of various fuels. In 1978, he incorporated PT Aneka Kimia Raya, which traded and distributed basic chemicals in Indonesia. He expanded the business by building Sorini, a sorbitol manufacturing plant in Indonesia, and Khalista in China. AKR Corporindo went public in 1994.

Key Business Strategies

AKR Corporindo has focused on petroleum trading and distribution, logistics services, chemical manufacturing, and industrial estates. A joint venture with BP distributes aviation fuel and operates jointly branded service stations in Indonesia. In September 2024, AKR's East Java industrial estate JIIPE inaugurated the world's largest single-line copper smelter.

Philanthropy

Soegiarto Adikoesoemo is known for his philanthropic activities and support for educational and cultural institutions. His son, Haryanto Adikoesoemo, opened the Museum of Modern and Contemporary Art in Nusantara (Museum MACAN) in 2017. Soegiarto gives away 2% of AKR's profits to local artists.

Career Milestones

1960

Founded AKR Corporindo

Started a small chemical trading business in Surabaya.

1978

Incorporated PT Aneka Kimia Raya

Expanded business to trade and distribute basic chemicals.

1994

AKR Corporindo listed on the Indonesian Stock Exchange

Took the company public.

2005

Entered non-subsidized fuel distribution

AKR became the first national private company to enter the fuel distribution business.

2017

Museum MACAN opened

Son, Haryanto Adikoesoemo, opened Museum of Modern and Contemporary Art in Jakarta.

2024

JIIPE Inauguration

AKR's East Java industrial estate JIIPE inaugurated the world's largest single line copper smelter.

Philanthropy & Social Impact

Arts

Support for local artists

$XB

Gives 2% of AKR's profits to local artists, preferably painters.

Arts

Museum MACAN

$XB

Supported the creation of the Museum of Modern and Contemporary Art in Jakarta, founded by his son.

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