Name:

Theodore Rachmat

Date of Birth:

15th December 1943

Country of Birth:

Indonesia

Country of Residence:

Indonesia

Source of Wealth:

Diversified

Marrital Status:

Married to Like Rachmat

Children:

3

Theodore Rachmat Net Worth USD: $1,425,000,000 - $1,575,000,000

2020 Mean Estimate USD:

$1,500,000,000

Theodore Rachmat Biography

Theodore Permadi Rachmat (Oei Giok Eng), also known as TP Rachmat but most familiarly a just Teddy was born in Kadipaten , Majalengka during the Second World War. He began working for Astra International, an automible manufacturer owned by William Soeryadjaya his uncle. Starting out as a salesman, he moved up the ranks and eventually became the CEO.

In 1998 he left Astra and started his own company, the Triputra Group. It had interests in a number of diversified industries including rubber, coal, automobile dealerships and agribusiness. Teddy was heavily involved in establishing a coal mining enterprise in Kalimantan, a project he carried out alongside his cousin Edwin Soeryadjaya. The company is Adaro Energy, and Teddy is the Vice President Commissioner.