Age, Biography and Wiki

Michael Bambang Hartono was born on 2 October, 1941 in Kudus, Central Java, Dutch East Indies, is an Indonesian businessman (born 1939). Discover Michael Bambang Hartono's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 82 years old?

Popular As Michael Bambang Hartono
Occupation Co-owner of Djarum and BCA
Age 82 years old
Zodiac Sign Libra
Born 2 October, 1941
Birthday 2 October
Birthplace Kudus, Central Java, Dutch East Indies
Nationality Indonesia

We recommend you to check the complete list of Famous People born on 2 October. He is a member of famous Founder with the age 82 years old group.

Michael Bambang Hartono Height, Weight & Measurements

At 82 years old, Michael Bambang Hartono height not available right now. We will update Michael Bambang Hartono's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Oei Wie Gwan Goei Tjoe Nio
Wife Not Available
Sibling Not Available
Children 4

Michael Bambang Hartono Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Bambang Hartono worth at the age of 82 years old? Michael Bambang Hartono’s income source is mostly from being a successful Founder. He is from Indonesia. We have estimated Michael Bambang Hartono's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

1939

Michael Bambang Hartono (born 2 October 1939) is an Indonesian billionaire heir and businessman.

Michael Hartono was born on 2 October 1939, in the town of Kudus, in Central Java.

1951

His father, Oei Wie Gwan, had purchased a small Kretek cigarette factory called Djarum Gramophon (lit: Gramophone needle) in April 1951, and renamed it to just Djarum.

1959

After completing his highschool in Kudus, Michael studied in the faculty of economics and business at Diponegoro University starting 1959, but returned to Kudus upon his father's death.

1963

Michael and his brother Robert Budi are the owners of kretek (clove cigarette) manufacturer Djarum, which they inherited from their father Oei Wie Gwan upon his death in 1963.

Growing the business to a large conglomerate including Bank Central Asia, electronics, plantations and various properties, they became the richest in the country with Michael himself having a net worth in excess of $22.3 billion as of 2022.

In 1963, however, the factory burned down and shortly thereafter Oie Wie died, leaving Michael and his younger brother Robert Budi Hartono to inherit the factory.

1972

The cigarette company grew under the two brothers, making its first export in 1972 and introducing new products.

1975

As the cigarette business continued to grow, the group began expanding to other fields, founding an electronics brand Polytron in 1975.

The group also expanded into businesses like palm oil, papermaking and communication towers.

2002

Starting their entry into the banking business through Haga Bank and Hagakita Bank, the brothers under the Mauritius-registered corporation FarIndo Investments in a consortium with Farallon Capital took over 51.15% of Bank Central Asia in 2002, defeating other bidders despite making a lower offer.

2006

While initially only holding less than 10% stake in the consortium, Djarum held a 92.18% stake in the consortium by 2006, though the Haga and Hagakita Banks were sold to Rabobank.

2008

He was part of the Indonesian teams which won bronze medals in the 2008 World Bridge Games in Beijing, the 2009 World Team Championships in Sao Paulo, and the 2010 World Series Championships in Philadelphia.

2010

After a Rp 3.45 trillion deal with UBS in 2010, the brothers controlled a majority of the company's shares.

2012

Today, the cigarette brand is one of the largest in Indonesia, with a 19 percent market share in 2012.

2016

The shares were transferred to an Indonesian holding company PT Dwimuria Investama Andalan in 2016 during a tax amnesty program.

2017

As of September 2017, the company was jointly held by Michael and Robert, and possessed a 54.94% stake in BCA.

Aside from the aforementioned businesses, the Djarum group also controls several shopping malls and buildings in Jakarta, including Grand Indonesia, Hotel Indonesia and BCA Tower.

He and his brother – who was also listed slightly under him at 69th – were named as the richest Indonesians in 2017, the 9th year in a row they were listed as such.

His company is also active in internet ventures, controlling e-commerce website Blibli.com and one of Indonesia's largest online communities Kaskus.

He lives in Kudus, Indonesia and is married to Widowati Hartono.

The couple have four children.;

Bambang is a bridge player.

In an interview, he said that "bridge is how you train yourself in making good decisions and risk-taking" and that his uncle introduced him to the game during the Japanese occupation of Indonesia.

A major supporter of the sport in the country and president of the South East Asia Bridge Federation, he received an award from the World Bridge Federation in 2017 for his support in making bridge a category in the Asian Games.

2018

He represented Indonesia at the Asian Games 2018 in bridge, winning a bronze medal with his team at the Supermixed team event hence making him the oldest Indonesian Asian Games medal winner.

He was the oldest athlete in the Indonesian contingent, though several other non-Indonesian bridge players were older.

He had also participated in other competitions abroad, in one case self-admittedly falling asleep during a finals match due to drinking wine beforehand.

2019

According to Forbes, Hartono has a net worth of $18.5 billion, as of September 2019, making him the 56th richest person in the world.