Soegiarto Adikoesoemo

Source of wealth: Chemicals

88 years male Diversified 🇮🇩 ID

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Soegiarto Adikoesoemo's fortune with the healthcare spending of a massive country

Soegiarto Adikoesoemo could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Soegiarto Adikoesoemo could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Soegiarto Adikoesoemo could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Soegiarto Adikoesoemo could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Soegiarto Adikoesoemo could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Soegiarto Adikoesoemo with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Soegiarto Adikoesoemo's fortune is equivalent to 10 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Soegiarto Adikoesoemo could buy 2,584,657 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 0 trucks to transport them. Although Soegiarto Adikoesoemo will almost certainly have enough money left over to pay for the gas.

Biography

Soegiarto Adikoesoemo founded AKR Corporindo as a chemicals trader in 1960 and listed it on the Indonesian Stock Exchange in 1994.

AKR Corporindo is now engaged in petroleum trading and distribution, logistics services, chemical manufacturing and industrial estate.

AKR Corporindo and British oil and gas firm BP's joint venture distributes aviation fuel and operates jointly branded service stations in Indonesia.

Soegiarto is AKR's president commissioner. His son Haryanto is president director.

In September 2024, AKR's East Java industrial estate JIIPE inaugurated the world's largest single line copper smelter by capacity, run by Indonesia-U.S. joint venture Freeport Indonesia.