Theodore Rachmat
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Theodore Rachmat's fortune with the healthcare spending of a massive country
Theodore Rachmat could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Theodore Rachmat could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Theodore Rachmat could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Theodore Rachmat could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Theodore Rachmat could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Theodore Rachmat 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 0.2 years.
Gold
Everyday luxuries
Theodore Rachmat's fortune is equivalent to 31 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.
Theodore Rachmat could buy 8,328,438 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 1 trucks to transport them. Although Theodore Rachmat will almost certainly have enough money left over to pay for the gas.
Biography
Theodore Rachmat, known as Teddy, founded Triputra group in 1998; its business lines now include agriculture, manufacturing and mining.
Rachmat owns a minority stake in listed coal company Alamtri Resources Indonesia, formerly Adaro Energy, where he is vice president commissioner.
He started out at automotive group Astra International, founded by his uncle William Soeryadjaya, in 1968. He eventually became CEO.
His son Ariano is vice president director and deputy CEO of Alamtri Resources; son Arif Patrick, who worked for GE for seven years, is cofounder and chairman of palm oil giant Triputra Agro Persada.
Alamtri Resources listed its thermal coal unit Adaro Andalan Indonesia in 2024, raising $259 million.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison