Eka Tjipta Widjaja
Eka Tjipta Widjaja ( Chinese 黄奕 聪 , Pinyin Huáng Yìcōng , also: Oei Ek Tjhong, born October 3, 1923 in Quanzhou , China ; † January 26, 2019 ) was the founder of the Sinar Mas Group , one of the largest conglomerates in Indonesia. His family bank, Bank Internasional Indonesia (BII), incorporated in the Cook Islands , funded many of his projects. It lost $ 9.7 billion during the 1997/98 economic crisis and was taken over by the Indonesian government. Widjaja was considered the second richest tycoon in Indonesia.
Life
Widjaja came to Indonesia with his father from Fujian Province in China at the age of nine . His father opened a small shop there in Ujung Pandang (now Makassar ). Widjaja was taught in a local Chinese school, but left at the age of 15 to use a pedicab as a street vendor to sell pastries. During the Japanese occupation of China in the Second Sino-Japanese War - Widjaja was 19 years old - he was imprisoned by the Japanese for two weeks for "refusing to cooperate". Widjaja started his first steps as an entrepreneur with a small snack bar, and he also sold agricultural products. He laid the foundation stone for his company in 1955 as a copra trader in north Sulawesi , followed in 1969 by founding PT Bitung Manado Oil Indonesia, a company that had specialized in the production of edible oil. The company served up to 50% of the edible oil demand in the Indonesian market. Widjaja expanded his business areas with Sinar Mas to include pulp and paper production, real estate, finance and agro-industry. In the edible oil industry, he entered into a joint venture with the Salim Group , which was dissolved again in 1990. He received an honorary degree in economics from Pittsburg State University in Kansas in 1990 . Widjaja is one of the 40 richest Indonesians and a friend of the late President Suharto .
Widjaja was no longer actively involved in the business and had passed the management on to his sons Indra, Teguh Ganda and Franky Oesman as well as to his grandson Eric Oei Kang, who heads the Hong Kong- listed construction company Creator Holdings.
On March 17, 2006, the Widjaja family founded the Eka Tjipta Foundation (ETF), a foundation that aims to improve the quality of life and social conditions in Indonesia. The chairman is Eka Tjipta Widjaja.
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| personal data | |
|---|---|
| SURNAME | Widjaja, Eka Tjipta |
| ALTERNATIVE NAMES | 黄奕 聪; Huáng Yìcōng; Oei Ek Tjhong |
| BRIEF DESCRIPTION | Indonesian entrepreneur |
| DATE OF BIRTH | October 3, 1923 |
| PLACE OF BIRTH | Quanzhou , China |
| DATE OF DEATH | January 26, 2019 |