Hashim Djojohadikusumo

Hashim Djojohadikusumo
Born 5 June 1954 (1954-06-05) (age 62)
Jakarta
Residence Indonesia
Citizenship Indonesia
Alma mater Pomona College
Occupation Entrepreneur
Religion Christianity[1][2]
Family Soemitro Djojohadikoesoemo (father)
Dora Sigar (mother)
Prabowo Subianto (brother)

Hashim Djojohadikusumo is an Indonesian entrepreneur. From a distinguished family, he is the youngest son of Prof. Dr. Soemitro Djojohadikusumo, the architect of the economic plan for the New Order, and Dora Sigar. His grandfather was one of the founders of Bank Negara Indonesia, Margono Djojohadikusumo. Hashim Djojohadikusumo is the younger brother of Prabowo Subianto.[3] He is a Pomona College, Claremont University, alumni and he majored in Political Science and Economics.[4]

Business career

In the beginning, Hashim Djojohadikusumo interned in a French investment bank as a financial analyst. He then continued his path towards the business world in becoming the director of Indo Consulting. Due to his rising development in the industry and business aspect, he then took acquisition of PT. Semen Cibinong through his company, PT. Tirta Mas. After that, he started investing his shares in Bank Niaga and Bank Kredit Asia and became a conglomerate. The Asian Financial Crisis of 1998 led to Hashim’s stay in London for 9 years to be able to focus on his business. It was during that time his business progressed and spread. His successes led him back to Indonesia to save his brother’s business, Kiani Kertas, that was wrapped in a Rp. 1.9 Trillion debt with Bank Mandiri. Up to this day, Prabowo’s company is owned by Hashim.[5]

After successfully saving Prabowo’s company, Hashim Djojohadikusumo also achieved control over the concession of forestry land, around 97 acres, in Central Aceh. The concession pushed him to expand his business to reach 3 million acres of plantations, forest concessions, coal mines, and oil & gas fields ranging from Aceh to Papua. According to Forbes 2012, Hashim Djojohadikusumo is one of Asia’s richest men with wealth reaching $850 million or Rp. 8.5 trillion.[6] As of 2014, he is considered a billionaire.[7]

Philanthropy

Hashim has devoted the past twenty years to a variety of pressing social issues in Indonesia. He is the founder of the Arsari Djojohadikusumo Foundation, which was established in honor of his late father, Professor Sumitro Djojohadikusumo, a former Indonesian economist considered the architect of the country’s modern economy.[8] The Foundation funded The Sumitro Djojohadikusumo Center for Emerging Economies in Southeast Asia (SDCEESEA) at the Center for Strategic and International Studies[9] The SDCEESEA conducts research on U.S.-Indonesia relations and Southeast Asia. It includes a proactive program to promote deeper understanding and closer relations between the United States and Southeast Asia.

Other notable achievements include: the backing of programs to save the orangutan and honey bears of Kalimantan (Borneo), and the welfare of the wild elephant population of Sumatra. He is a board member of the Institute for the Preservation of the Indonesian Heritage (“Badan Pelestarian Pusaka Indonesia”) and the Indonesian Shadow Puppeteers Association (“PEPADI”). He becomes the Chairman for Indonesian Chess Association (Percasi) in 2010. Hashim’s other interests include equestrian sports, and he is a founding member of the polo association in Indonesia.[10]

Columnist

Since early 2014, Hashim has been selected to write an occasional column for the Huffington Post.[11]

Controversies

Hashim Djojohadikusumo has been linked to various controversies. In 2002, Hashim Djojohadikusumo was arrested after, allegedly, misusing funds for bailing out collapsed and failed banks, including Hashim's banks, in the BLBI[12] (Liquidity Assistance of Bank of Indonesia).[13]

References

  1. ↑ HARJANI, ARUNA (6 December 2013). "Heritage master - Hashim Djojohadikusumo". China Daily. Retrieved 31 July 2014.
  2. ↑ Montlake, Simon (15 January 2010). "Homecoming". Forbes. Retrieved 31 July 2014.
  3. ↑ "Hashim Djojohadikusumo". Forbes.
  4. ↑ Djojohadikusumo, Hashim. "Hashim Djojohadikusumo". Huffington Post.
  5. ↑ http://www.orangterkayaindonesia.com/hashim-djojohadikusumo-berhasil-bertahan-dari-badai-krisis-di-indonesia/
  6. ↑ "Hashim Djojohadikusumo". Forbes.
  7. ↑ Indonesia’s next president: Paint it black, economist.com.
  8. ↑ http://indjuri.com/yad/?page_id=9
  9. ↑ http://csis.org/program/sumitro-djojohadikusumo-center-emerging-economies-southeast-asia
  10. ↑ Djojohadikusumo, Hashim. "Hashim Djojohadikusumo". Huffington Post.
  11. ↑ Djojohadikusumo, Hashim. "Hashim Djojohadikusumo". Huffington Post.
  12. ↑ id:Bantuan Likuiditas Bank Indonesia
  13. ↑ http://news.liputan6.com/read/31509/hashim-djojohadikusumo-meninggalkan-rutan-salemba

Further reading

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