Soegiarto Adikoesoemo Net Worth

Soegiarto Adikoesoemo has an estimated net worth of $1.2 billion, according to Forbes Real-Time Billionaires, Soegiarto Adikoesoemo profile (figures as of October 20, 2026). That is down from a peak of $1.6 billion.

Soegiarto Adikoesoemo is an Indonesian businessman and the founder of AKR Corporindo, a company that grew from a chemicals trader into a petroleum distribution, logistics and industrial estate group. He was born in 1937 or 1938, and Forbes describes him as self-made.

He started a small chemical trading business in Surabaya, and Forbes dates the start of AKR to 1960. He incorporated PT Aneka Kimia Raya in 1978 to trade and distribute basic chemicals across Indonesia.

He is married with two children and lives between Surabaya and Jakarta. He serves as president commissioner of AKR, while his son Haryanto is president director and runs the business day to day.

Soegiarto's story is a long one by billionaire standards. He built the business over more than six decades, moving step by step from trading chemicals to making them, then to fuel, ports, storage and land for factories. The family still controls the company he started.

How Soegiarto Adikoesoemo made his money

AKR began as a chemicals trader and went public on the Indonesian Stock Exchange in 1994. Soegiarto also built Sorini, a sorbitol manufacturing plant in Indonesia, and Khalista in China, and grew both into some of the biggest producers in Asia.

Today AKR is engaged in petroleum trading and distribution, logistics, chemical manufacturing and industrial estates. A joint venture with BP distributes aviation fuel and runs jointly branded service stations in Indonesia.

The industrial estate business has grown in importance. In September 2024, AKR's East Java industrial estate, JIIPE, inaugurated the world's largest single line copper smelter by capacity, run by Freeport Indonesia. His son Haryanto is also known for art: he has collected about 800 works, including pieces by Andy Warhol and Mark Rothko, and opened Museum MACAN in Jakarta in November 2017.

How Forbes has valued Soegiarto Adikoesoemo

Forbes valued Soegiarto at $1.4 billion in 2016. His figure slipped to $1.2 billion in 2017, $1.1 billion in 2018 and $1 billion in 2019, the edge of billionaire status.

He returned to the list at $1.3 billion in 2023 and reached $1.6 billion in 2024, his highest figure. It dipped to $1.2 billion in 2025 and recovered to $1.3 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $1.2 billion.