Foto sukanto tan oto biography

Owner of the Inti Indorayon Utama plant Country: Indonesia

Content:

1. Biography of Sukanto Tanoto
2. The Oil Crisis and Early Success
3. Building a Pulp and Paper Empire
4. Continuing Education and Success
5. Relocation to Singapore

Biography of Sukanto Tanoto

Sukanto Tanoto was born in in Indonesia, being the eldest son in his family.

His father was an immigrant from the Chinese province of Fujian.

Tan oto ford November Retrieved 23 June Sejak , Sukanto memilih bermukim di Singapura bersama keluarga dan mengambil kantor pusat di negeri itu. Ia merupakan salah satu pengusaha yang berhasil berinvestasi di lebih dari sepuluh negara di Dunia.

In , when Sukanto was only 17 years old, he was unable to continue his education as many Chinese schools were closed. It was at this moment that Sukanto decided to start his own business.

Working 16 hours a day, the young Tanoto quickly made progress towards his goals. He began to secure contracts for gas pipeline projects with major multinational companies.

The Oil Crisis and Early Success

Fortune smiled upon Sukanto in during the oil crisis.

As oil prices soared, oil magnates increased production and supply.

Foto sukanto tan oto biography wikipedia Some 11, km of roads have been laid, and there is a small airport and two shipping ports that transport pulp, paper and oil palm products from Kerinci to the rest of the world. The Jakarta Globe. Waktu pulang, ditanya oleh ibunya, jawabnya mengarang-ngarang, Sukanto kecil dipukuli pakai rotan. Kehidupan masa kecil yang diskriminatif terhadap ras yang mengalir ditubuhnya membuatnya bertahan untuk mendapatkan haknya.

Sukanto Tanoto managed to secure profitable contracts with suppliers, earning his first million dollars.

Building a Pulp and Paper Empire

Recognizing an opportunity to reduce the country's costs, Sukanto noticed that the Indonesian government constantly shipped timber to Japan or Thailand for the production of plywood. He decided to establish his own business producing pulp, but in order to do so, he needed a license.

To obtain the necessary license, he had to present a specific business plan to government officials. Despite skepticism, Sukanto Tanoto eventually received the license.

Within 10 months, he built his first pulp mill, "Inti Indorayon Utama," located in the northern part of Sumatra. Throughout the s, Tanoto opened additional pulp mills across the country, establishing himself as an Indonesian pulp and paper magnate.

Continuing Education and Success

Despite feeling uneducated, Sukanto Tanoto had a strong desire to further his learning.

He taught himself English using an English-Chinese dictionary. However, when his business became firmly established, he attended business school in Jakarta.

Foto sukanto tan oto biography The Indonesian rupiah rapidly devalued. When his father suffered a stroke, Tanoto was left to run the family business. In the mids, witnessing the rapid industrialization of China and sensing that the galloping economy would create a demand for cleaner energy sources, Sukanto Tanoto moved into oil and gas, with power plants in China and an LNG project underway in British Columbia, Canada. Despite feeling uneducated, Sukanto Tanoto had a strong desire to further his learning.

He furthered his education in France and attended executive education courses at prestigious universities such as Harvard, Stanford, and Mellon.

Relocation to Singapore

In the mids, Sukanto Tanoto and his family relocated to Singapore. This move caused a significant stir in the press, with Tanoto being labeled a "money fugitive." However, Tanoto maintains that their relocation was unrelated to his commercial activities.

He remains a citizen of Indonesia.

Today, Sukanto Tanoto's wealth is estimated at $ billion, making him one of the richest businessmen in Indonesia.