Chairul Tanjung – Billionaire

Chairul Tanjung (born 16 June 1962) is an Indonesian businessman. He is the former Coordinating Minister for Economics in the Indonesian cabinet. He was appointed to this post by President Susilo Bambang Yudhoyono on 19 May 2014 following the resignation of the previous Coordinating Minister for Economics, Hatta Rajasa, who resigned to take part in Indonesia’s 2014 presidential election.^[1] In January 2015, he had an estimated net worth of $4.3 billion.

Early life

Chairul Tanjung was born in Jakarta on June 16, 1962.His parents was A.G. Tanjung and Halimah. He was born in a very rich family because his father is a reporter and established a magazine company. In new order era, his father business got shut down by the government for helping the old order era. His family economy turns 180 degrees where their big house and cars were sold to cover debt and for a living, they must live in a tiny apartment. His parents wanted their children to be successful so they worked in a company. Chairul finished the Boedi Oetomo senior high school in 1981 . He obtained a bachelor’s degree at the Faculty of Dentistry, University of Indonesia. He became the national noble student in 1984 and 1985.While studying, he and his 2 friends started a shop that sold books and T-shirts then they rapidly became a big shop selling doctors and laboratories equipment. He must spare his time for studying and business but he chooses business, so he drops-out from the dentistry school and established PT Pariarti Shindutama with 150 million rupiah for assets borrowed from Exim Bank. They produced shoes for kids and got an order making 160 pairs of shoes to Italy, but a month after the order, he separated from his 2 friends because he has a different thinking about business. He later became the chairman and founder of CT Corp (Indonesia), along with the late founder of Sony, Akio Morita.

Source:

1. wikipedia
2. forbes