Hashim Djojohadikusumo
Hashim Sujono Djojohadikusumo | |
|---|---|
| Born | June 5, 1953 Jakarta, Indonesia |
| Occupation(s) | Businessman, political figure, columnist |
| Years active | Since 1970s |
| Known for | Indonesian billionaire businessman, philanthropy, chairman of Indonesian Chess Association |
| Notable work | Columns for Huffington Post |
Hashim Sujono Djojohadikusumo (born 5 June 1953) is an Indonesian businessman and political figure, and the younger sibling of President Prabowo Subianto. In 2014, he was regarded as a billionaire; by December 2020, Forbes valued his fortune at approximately $800 million.
He completed his elementary through secondary education in Europe before obtaining a Bachelor of Arts degree in political science and economics from Pomona College.
Early life and education
Originating from Jakarta, Hashim belongs to a notable family lineage. He is the youngest child of Sumitro Djojohadikusumo, a Javanese economist who crafted the economic framework of the New Order era, and Dora Marie Sigar, who is of Minahasan heritage. His grandfather, Margono Djojohadikusumo, was one of the founders of Bank Negara Indonesia. This distinguished family heritage has played a pivotal role in shaping his ventures in both business and politics.
Business career
Hashim Djojohadikusumo started his professional journey as a financial analyst intern at a French investment bank before advancing to the position of director at Indo Consulting. Through his company PT Tirta Mas, he took control of PT Semen Cibinong and invested in financial institutions such as Bank Niaga and Bank Kredit Asia, establishing his status as a business magnate. After the 1997 Asian financial crisis, he relocated to London for nine years to concentrate on growing his enterprises. Upon returning to Indonesia, he undertook the challenge of revitalizing Kiani Kertas—his brother Prabowo's firm—which was encumbered with Rp. 1.9 trillion debt owed to Bank Mandiri; this company remains under his ownership.
Once Kiani Kertas was stabilized, Hashim obtained a forestry concession covering roughly 97 hectares in Central Aceh, broadening his holdings to nearly 3 million acres that include plantations, forestry concessions, coal mining operations, and oil and gas fields spanning from Aceh to Papua. By 2014, he had achieved billionaire status. As per Forbes' assessment in December 2019, his net worth stood at $800 million, placing him among Indonesia's top 50 wealthiest individuals.
Philanthropy
In tribute to his late father, economist Professor Sumitro Djojohadikusumo, Hashim established the Arsari Djojohadikusumo Foundation. This foundation supports The Sumitro Djojohadikusumo Center for Emerging Economies in Southeast Asia (SDCEESEA) at the Center for Strategic and International Studies, fostering research focused on U.S.-Indonesia relations and Southeast Asian affairs.
Since 2007, the foundation has collaborated with Gadjah Mada University by offering scholarships aimed at preserving Javanese cultural heritage. Forbes Asia honored Hashim in 2011 as a Hero of Philanthropy for his dedication to safeguarding Indonesian cultural traditions.
His charitable initiatives also extend to conservation projects protecting orangutans and honey bears in Kalimantan (Borneo), as well as wild elephants in Sumatra. He holds board memberships with the Institute for the Preservation of Indonesian Heritage (Badan Pelestarian Pusaka Indonesia) and the Indonesian Shadow Puppeteers Association (PEPADI). In 2010, he assumed leadership as chairman of the Indonesian Chess Association (Percasi) and is among the founding members of Indonesia’s polo association.
Columnist
Beginning in early 2014, Hashim has contributed occasional columns to the Huffington Post.
Controversies
Hashim Djojohadikusumo has been involved in multiple contentious issues. In 2002, authorities detained him concerning accusations of fund misappropriation linked to the bailout of failed banks, including those he owned, under the BLBI (Bank Indonesia Liquidity Assistance) initiative.
Additionally, he is entangled in a tax conflict in Geneva, where officials assert that he owes CHF131 million. Hashim argues that his financial strain resulted from supporting his brother Prabowo Subianto's political campaigns.
Personal life
Hashim is wedded to Anie Hashim Djojohadikusumo and they have three children: Aryo Puspito Setyaki Djojohadikusumo, Rahayu Saraswati Dhirakanya Djojohadikusumo, and Siti Indrawati Djojohadikusumo. He has embraced Christianity.