Chairul Tanjung (born 18 June 1962) is an Indonesian businessman. He is the former Coordinating Minister for Economics in the Indonesian cabinet. He was appointed to this post by President

Susilo Bambang Yudhoyono Susilo Bambang Yudhoyono (born 9 September 1949), commonly referred to by his initials SBY, is an Indonesian politician and retired army general who served as the sixth president of Indonesia from 2004 to 2014. A member of the Democratic Party ...

on 19 May 2014 following the resignation of the previous Coordinating Minister for Economics,

Hatta Rajasa Muhammad Hatta Rajasa (born 18 December 1953) is an Indonesian politician who served as the Coordinating Minister for the Economy of Indonesia from 22 October 2009 to 13 May 2014. A member of the National Mandate Party (PAN), he previously served ...

, who resigned to take part in Indonesia's 2014 presidential election. In 2021, he had an estimated net worth of $4.1 billion.

Early life

Chairul Tanjung was born in

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

to A.G. Tanjung and Halimah. His father, a reporter, had established a magazine company, which was shut down by the

Suharto regime The New Order ( id, Orde Baru, abbreviated ''Orba'') is the term coined by the second Indonesian President Suharto to characterise his administration as he came to power in 1966 until his resignation in 1998. Suharto used this term to contras ...

, resulting in A.G. Tanjung having to sell the family's large house and cars to cover debt, and the family moved into a small apartment. Chairul graduated from Boedi Oetomo Senior High School in 1981. He obtained a bachelor's degree at the Faculty of Dentistry,

University of Indonesia The University of Indonesia ( id, Universitas Indonesia, abbreviated as UI) is a public university in Depok, West Java and Salemba, Jakarta, Indonesia. It is one of the oldest tertiary-level educational institutions in Indonesia (known as the Dut ...

. He was named a "national noble student" in 1984 and 1985. While studying, he and his two friends opened a shop that originally sold books and T-shirts, and expanded to sell medical equipment. In his spare time, Chairul conducted business until dropping out of dentistry school and establishing PT CT Corp with a loan of Rp150 million from Exim Bank. They produced children's footwear and received an order from Italy for 160 pairs of shoes, but a month later, Chairul split from his two friends because a disagreement over the business. He later became the chairman and founder of

CT Corp CT Corp (formerly known as Para Group) is one of Indonesia's largest diversified group of companies. The group was founded by Chairul Tanjung in 1987. CT Corp operates consumer-centric businesses nationwide across four key divisions: financial s ...

, along with the late founder of

Sony , commonly stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional ...

Akio Morita was a Japanese businessman and co-founder of Sony along with Masaru Ibuka. Early life Akio Morita was born in Nagoya. Morita's family was involved in sake, miso and soy sauce production in the village of Kosugaya (currently a part of Tokoname ...

Business

He worked with Hasbi Hafani to establish the business. He bought Bank Karman and changed its name to Bank Mega. He expanded his business interests into insurance and securities. Chairul is now involved in the television business; he founded Trans TV and acquired TV 7 from the Kompas-Gramedia Group. Chairul owns property projects such as Bandung Super Mall, Batam Indah Prospertindo, Para Bali Propertindo, and Mega Indah Propertindo. In 2012, he bought a minority share of

Garuda Indonesia Garuda Indonesia is the flag carrier of Indonesia, headquartered at Soekarno–Hatta International Airport. A successor of KLM Interinsulair Bedrijf, it is a member of SkyTeam and the second-largest airline of Indonesia after Lion Air, operat ...

. His holding company is CT Corp., formerly Para Group, with 3 subholdings: * Mega Corp., a financial business subholding * Trans Corp., a media, life style, department store, consumer goods, hotel and entertainment subholding * CT Global Resource, an agribusiness and energy subholding

Other activities

Chairul Tanjung served as head of

Badminton Association of Indonesia The Badminton Association of Indonesia or Persatuan Bulutangkis Seluruh Indonesia ( id, Persatuan Bulutangkis Seluruh Indonesia; sometimes translated as ''All Indonesia Badminton Association'') is the sport governing body, governing body of badmint ...

from 2001-2004.

Biography

A biography of Chairul Tanjung, ''Chairul Tanjung Si Anak Singkong'' ("Chairul Tanjung the

Cassava ''Manihot esculenta'', common name, commonly called cassava (), manioc, or yuca (among numerous regional names), is a woody shrub of the spurge family, Euphorbiaceae, native to South America. Although a perennial plant, cassava is extensively ...

Child," "cassava" meaning "socially inferior"), was published in 2012.

References

External links

Chairul di tokohindonesia.com
{{DEFAULTSORT:Tanjung, Chairul Living people 1962 births Badminton in Indonesia CT Corp Minangkabau people People from Jakarta Sundanese people University of Indonesia alumni Indonesian billionaires Indonesian socialites Government ministers of Indonesia