May 12, 2009

Sukanto Tanoto was ranked one of the richest persons in Indonesia

Sukanto Tanoto & family was ranked one of the richest persons in Indonesia by Forbes in 2006 (Net Worth $2.8 billion) and Globe Asia in 2007.

Began supplying equipment and materials to state oil firm. In 1973 moved into forest products. In 1995 took public pulp and paper business, Asia Pacific Resources International (APRIL), on New York Stock Exchange, only to delist in 2001.

Now his privately held Raja Garuda Mas (RGM) International, company based in Singapore that controls business in pulp and paper, integrated palm business and energy.


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