R. Budi Hartono
Indonesian businessman; controlling shareholder of Bank Central Asia and co-owner of Djarum
| R. Budi Hartono
| |
|---|---|
| Born | 28 April 1940 (Forbes) |
| Nationality | Indonesian |
| Residence | Kudus, Indonesia (Forbes) |
| Occupation | Businessman |
| Known for | Djarum; Bank Central Asia |
| Parents | Oei Wie Gwan (father) |
| Spouse(s) | Married (Forbes) |
| Children | 3 (Forbes) |
| Sibling(s) | Michael Bambang Hartono (died 2026) |
Robert Budi Hartono (born 28 April 1940), known as R. Budi Hartono, is an Indonesian businessman. With his late brother, Michael Bambang Hartono, he built the clove-cigarette maker Djarum into a large business group. Most of the family's wealth now comes from its stake in Bank Central Asia (BCA).[1][2] On 11 November 2026 the Forbes Real-Time Billionaires list ranked Hartono 249th in the world, with an estimated net worth of US$12.7 billion; Forbes lists the source of wealth as banking, tobacco.[1][3] In the annual World's Billionaires list published in 2026, Forbes had ranked Hartono 139th, at US$19.6 billion.[4] Michael Hartono died on 19 March 2026.[2] In August 2026 BCA announced that Budi Hartono had become the bank's sole ultimate controlling shareholder.[5][6]
Background
Forbes says the brothers' father, Oei Wie Gwan, bought a bankrupt cigarette company in 1950 and renamed it Djarum, after the needle of a gramophone.[1] The news agency ANTARA reports that after their father died in 1963, Michael and his younger brother Robert Budi Hartono built Djarum into one of Indonesia's largest companies.[2] Forbes says the family is still one of the country's biggest makers of clove cigarettes.[1]
Bank Central Asia
Forbes says the Hartonos bought into BCA after another wealthy family, the Salims, lost control of the bank during the 1997–98 Asian financial crisis.[1] BCA's controlling shareholder is the holding company PT Dwimuria Investama Andalan (DIA), which was led by the two brothers. At 31 July 2026 DIA held 67.73 billion BCA shares, or 54.94%.[6]
Change of control in 2026
On 3 August 2026 BCA disclosed that, after Michael Hartono's death, DIA's controlling shareholder had changed to Budi Hartono. His holding in DIA was unchanged at 51% of its issued and paid-up capital. BCA said the change had been recorded by Indonesia's financial regulator, the OJK.[5][6] Katadata reported that Anthoni Salim held 1.15% of BCA at the same date.[6]
Other businesses
Katadata lists the group's businesses as including BCA, the electronics brand Polytron, the Grand Indonesia mall, Blibli, Mola, Bakmi GM and the Italian football club Como.[6] Forbes says the brothers listed Global Digital Niaga, the owner of the e-commerce company Blibli, in 2022, raising US$510 million. It also says Polytron launched two electric car models in Indonesia in 2025, and that the family has a stake in the gaming company Razer.[1]
Como 1907
Como 1907 says it was bought on 4 April 2019 by its current owner, the UK-based media and entertainment company SENT Entertainment Ltd.[7] Sky Sport Italia reported that Djarum was behind SENT and named the Hartono brothers as the owners. It said day-to-day management was delegated to Mirwan Suwarso. Como won promotion to Serie A in 2024, its first time in the top division for 21 years.[8]
Wealth history
Forbes has included this entry in its annual World's Billionaires list in 22 of the editions from 2001 to 2026 checked for this profile, starting with 2005. The table gives the rank and estimated net worth in each annual list.[4][1]
| Year | World's Billionaires rank | Net worth (US$ bn) |
|---|---|---|
| 2005 | 321 | 2.0 |
| 2006 | 428 | 1.8 |
| 2007 | 664 | 1.5 |
| 2008 | 605 | 2.0 |
| 2009 | 430 | 1.7 |
| 2010 | 258 | 3.5 |
| 2011 | 208 | 5.0 |
| 2012 | 146 | 6.5 |
| 2013 | 131 | 8.5 |
| 2014 | 173 | 7.6 |
| 2015 | 142 | 9.0 |
| 2016 | 141 | 8.1 |
| 2017 | 140 | 9.0 |
| 2018 | 69 | 17.4 |
| 2019 | 54 | 18.6 |
| 2020 | 80 | 13.6 |
| 2021 | 86 | 20.5 |
| 2022 | 64 | 23.2 |
| 2023 | 61 | 24.2 |
| 2024 | 71 | 26.5 |
| 2025 | 90 | 22.4 |
| 2026 | 139 | 19.6 |
International and political links
This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."
Israel (investments, operations, donations, contracts, statements)
No documented involvement found in sources checked.
Zionist or pro-Israel organisations and lobbying groups
No documented involvement found in sources checked.
Jewish communal charities
No documented involvement found in sources checked.
Gulf states
No documented involvement found in sources checked.
China
No documented involvement found in sources checked.
Russia
No documented involvement found in sources checked.
India
No documented involvement found in sources checked.
Palestinian or Arab causes
No documented involvement found in sources checked.
Home government
Forbes gives his residence as Kudus, Central Java, where Djarum was founded.[1][2]
Other international links
The family owns the Italian football club Como through the UK company SENT Entertainment.[7][8]
See also
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Forbes, Forbes profile record for R. Budi Hartono (Forbes data feed behind forbes.com/profile/r-budi-hartono/) Forbes, live record, read 11 November 2026, accessed 11 November 2026.
- ↑ 2.0 2.1 2.2 2.3 Indra Arief Pribadi, Pimpinan Grup Djarum Michael Bambang Hartono meninggal dunia ANTARA, 19 March 2026, accessed 11 November 2026.
- ↑ Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 11 November 2026 07:10 UTC, accessed 11 November 2026.
- ↑ 4.0 4.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 11 November 2026.
- ↑ 5.0 5.1 detikFinance, Robert Budi Hartono Resmi Jadi Pengendali BCA detik.com, 3 August 2026, accessed 11 November 2026.
- ↑ 6.0 6.1 6.2 6.3 6.4 Nur Hana Putri Nabila, Robert Budi Hartono Jadi Pengendali Tunggal BCA (BBCA) Katadata, 3 August 2026, accessed 11 November 2026.
- ↑ 7.0 7.1 Como 1907, History comofootball.com, undated, accessed 11 November 2026.
- ↑ 8.0 8.1 Redazione Sky Sport, Proprietà miliardaria, Henry e Vardy in tribuna: i segreti glamour del Como in A Sky Sport, 11 May 2024, accessed 11 November 2026.