Eka Tjipta Widjaja & Family Net Worth is$7,700 $Million
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Ethnicity: Han Chinese Birth Date: 3 October 1923
Birth Place: Quanzhou, Fujian, Republic of China
Residence: Indonesia
Citizenship: Indonesia
Networth: US$6 Billion
Eka Tjipta Widjaja (traditional Chinese: e>>?a??e??; simplified Chinese: e>>?a??e??; pinyin: HuA?ng YA?cA?ng; PeI?h-A?e-jA<<: NI?g A?k-chong; born in Quanzhou, Fujian, China) is the founder of the Sinar Mas Group, which was one of the largest conglomerates during the Indonesian New Order period. His flagship bank, BII or Bank International Indonesia, bankrolled many of his other ventures that made him at one time the king of copra. The Sinar Mas Group also owns the Singaporean-listed Asian Pulp and Paper, a company that has been convicted of being involved in illegal logging in Cambodia,Yunnan Province, China, and the illegal felling of over 50 thousand acres (200 kmA?) of forest in Bukit Tigapuluh national park. Greenpeace now reports that Sinar Mas is felling massive areas of virgin forest in Papua to make room for palm oil plantations. His bank, like many other local banks, went under during the 1997-98 economic crisis with US$9.7 thousand million in the red and was seized by the government.
Eka Tjipta Widjaja was born Oei Ek Tjhong in Fujian (Fukien) Province, China. He has since retired from the limelight and handed his business over to his children, in particular Indra, Teguh and Franky and grandson Eric Oei Kang, who headed up the Hong Kong-listed construction company Creator Holdings. Hong Kong Creator Holdings is now one of Hong Kong's most well known and prominent companies, with many projects in Asia. Widjaja's second son, Singapore tycoon Oei Hong Leong, is one of Southeast Asia's richest men, ranked by Forbes Magazine as #37, with a net worth of US$355 million.
The famous Indonesian consortium, Sinar Mas Group, was founded by Mr. Eka Tjipta Wijaya, the prominent Chinese entrepreneur from Asia. The group's four core businesses include pulp and paper, agriculture, food, real estate development and other core industries linked to the pulp and paper industry, led by the Asia Pulp & Paper Co., Ltd. (APP). Through unwavering efforts in the last 30 years

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Eka Tjipta Widjaja & Family Latest News

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Story Continues The ICDX was founded by 11 palm oil and gold producers in 2010, and is headed by Megain Widjaja, the grandson of Eka Tjipta Widjaja, one of Indonesia's wealthiest oligarchs. The family's conglomerate, Sinar Mas Group, has investments in ...
Posted: December 29, 2013, 12:43 pm

US$14b default forgotten as Indonesia billionaire Widjaja sells debt

Foreign investors have either forgiven or forgotten the events that involved the billionaire Widjaja family in Asia's worst corporate default. Companies backed by 91-year-old Eka Tjipta Widjaja, Indonesia's fourth-richest person, received orders twice the ...
Posted: April 29, 2015, 11:01 pm

Insight: Top palm oil producer Indonesia wants to be more refined

Much of the expansion is led by companies owned by powerful tycoons in Indonesia. SMART is controlled by the family of Eka Tjipta Widjaja, who created a palm oil empire from his humble start selling biscuits from a rickshaw. Foreign firms are not far behind.
Posted: July 15, 2012, 2:45 pm
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