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Billionaire Profile
Wirastuty Fangiono
Global Rank
#2501

Image: Unsplash Contributor | Unsplash License | via Unsplash

Wirastuty Fangiono

CEO, Palm oil
INDONESIA
Real-Time Net Worth
$1.628B
Estimated based on Palm oil stock value as of April 20, 2026
+1.01% (24h)
Age
53
Source
Palm oil
Industry
Diversified
Citizenship
INDONESIA

Biography

Wirastuty Fangiono, a prominent figure in the Indonesian business landscape, is a key player in the palm oil industry. With an estimated net worth of $1.5 billion, she controls FAP Agri, a palm oil company that went public in 2021. Her wealth stems primarily from her involvement in the palm oil sector, a crucial export for Indonesia. Wirastuty's career reflects her leadership and influence within the Gunung Sewu Group, where she actively supports initiatives in education, healthcare, and community development. Her achievements have established her as a successful businesswoman and a role model for aspiring entrepreneurs in Indonesia.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Wirastuty Fangiono was born on January 1, 1973, in Pekanbaru, Indonesia. She is the daughter of Martias Fangiono, often referred to as the "Palm Oil King." She is also the sister of Ciliandra Fangiono, CEO of First Resources, a major palm oil company listed in Singapore.

Rise to Success

Wirastuty Fangiono has made a significant mark in the Indonesian palm oil industry. She controls FAP Agri, which went public in 2021. Her company manages over 110,000 hectares of palm oil plantations across Indonesia. In 2025, Forbes listed Wirastuty as the youngest female billionaire in Indonesia.

Key Business Strategies

Wirastuty's business strategy focuses on the growth and sustainability of her palm oil holdings. She owns a stake in First Resources, led by her brother, Ciliandra. Her strategic vision, combined with operational excellence, has been pivotal in growing her wealth.

Philanthropy

Wirastuty is also dedicated to philanthropy through the Gunung Sewu Kencana Foundation. The foundation supports educational initiatives, healthcare programs, and community development, highlighting her commitment to social responsibility.

Career Milestones

1994

Founded FAP Agri

Founded palm oil company FAP Agri.

2021

FAP Agri Goes Public

FAP Agri, under Wirastuty's control, went public.

2025

Youngest Female Billionaire in Indonesia

Forbes recognized Wirastuty Fangiono as the youngest female billionaire in Indonesia.

Philanthropy & Social Impact

Community Development

Gunung Sewu Kencana Foundation

Not available

Supports education, healthcare, and community development.

Controversies & Challenges

2023

Deforestation Allegations

Accusations linking FAP Agri's subsidiaries to deforestation and conflicts with indigenous communities.

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