Rank #1027
Sukanto Tanoto
Net worth $4.1B
Diversified · Indonesia
- Born
- Dec 25, 1949
- Age
- 76
- Source
- Diversified
- Residence
- Singapore
- Citizenship
- Indonesia
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- Sukanto Tanoto owns Singapore-headquartered Royal Golden Eagle (RGE), a group with businesses in pulp and paper, viscose fiber, palm oil and energy operations in Indonesia, China, Brazil, Canada, Spain and Malaysia.
- His Brazil-based Bracell is one of the world's largest makers of specialty cellulose, used in everything from baby wipes to ice cream. Another group company APRIL produces pulp, paper and paperboard.
- Roots of the business date back to 1967 when Tanoto opened up a humble spare parts supply shop known as Toko Motor.
- Tanoto ventured into tissue business in 2023, acquiring Brazil's OL Papeis. He took Hong Kong-listed tissue paper maker Vinda private in a $3.3 billion deal in 2024.
- The eldest of seven boys, Tanoto dropped out of school at age 17 to start his own business.
- Tanoto says he taught himself English by reading Readers' Digest, Life and Newsweek.
Financial assets
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