Bambang Sutantio
$2.3B
Born
Dec 26, 1958
Age
66
Source of Wealth
Dairy & consumer products
Residence
Jakarta,
Citizenship
Indonesia
Marital Status
Children
3
Education
- Bambang Sutantio founded Cisarua Mountain Dairy, better known as Cimory, a manufacturer and distributor of dairy products and processed foods in Jakarta.
- Cimory is known for its range of dairy products such as milk and yogurt as well as processed meats.
- Sutantio first set up meat processor Macroprima Panganutama in 1993. He started the dairy business in 2004 to support dairy farmers in East Java.
- Sutantio took Cimory public in 2021, raising more than $200 million.
- In 2023, private equity firm General Atlantic bought a 5.6% stake in the dairy firm for $130 million.
- Sutantio has a diploma in food technology from the Technical University of Berlin.
- He started his career as a sales engineer at the Jakarta office of Fuehrmeister, a German maker of industrial equipment.
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