From the Editor
  • Theodore Rachmat, known as Teddy, founded Triputra group in 1998; its business lines now include agriculture, manufacturing and mining.
  • Rachmat owns a minority stake in listed coal company Alamtri Resources Indonesia, formerly Adaro Energy, where he is vice president commissioner.
  • He started out at automotive group Astra International, founded by his uncle William Soeryadjaya, in 1968. He eventually became CEO.
  • His son Ariano is vice president director and deputy CEO of Alamtri Resources; son Arif Patrick, who worked for GE for seven years, is cofounder and chairman of palm oil giant Triputra Agro Persada.
  • Alamtri Resources plans to spin off and list its thermal coal unit Adaro Andalan Indonesia in December 2024, raising up to $291 million.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
Age
81
Source of Wealth
Diversified
Residence
Jakarta, Indonesia
Citizenship
Indonesia
Marital Status
Married
Children
3
Education
Bachelor of Arts/Science, Bandung Institute of Technology
Did you know
Triputra means three children.
Rachmat was awarded the Bintang Jasa Utama medal of honor from Indonesian president Joko Widodo in 2019.
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Holds stake in PT Adaro Energy Indonesia
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Arini Subianto & family
Arini Subianto & family
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Edwin Soeryadjaya & family
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