Michael Bambang Hartono (born 1941 in Kudus, Central Java), also known as Oei Gwie Siong, is a Chinese Indonesian billionaire heir and businessman. Hartono 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. Hartono had been studying economics at Diponegoro University prior to this. According to Forbes magazine, the brothers have a combined net worth of US$15 billion at the end of 2012.
Early life
Michael Hartono was born in 1941.
Career
According to Forbes, Hartono has a net worth of $8.7 billion, as of January 2015.
Personal life
He lives in Kudus, Indonesia and is married with four children.
Michael Hartono net worth: Michael Hartono is an Indonesian billionaire who has a net worth of $11.8 billion. Together with his brother R. Budi, Michael Hartono has built a fortune on the base of various business interests. Even though Hartono brothers inherited clove cigarette maker Djarum from their father, the most of their wealth comes from Bank Central Asia, Indonesia’s largest private bank. As for Djarum, it was banned in the USA (along with other clove cigarettes) in 2009 and then it launched Dos Hermanos, maker of a premium cigar that blends Brazilian and Indonesian tobaccos. Furthremore, the siblings hold palm oil interests, and they own Grand Indonesia, a luxury shopping mall, office building and hotel complex in the center of Jakarta. When it comes to his private life, he is married with four children. Michael Hartono is an avid Bridge player and thinks the game has very distinct similarities and lessons for the business world.
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