Hashim Djojohadikusumo is an Indonesian entrepreneur and politician.
Early life and education
Hashim was born in
Jakarta,
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
, on 5 June 1954. From a distinguished family, he is the youngest son of
Sumitro Djojohadikusumo
Sumitro Djojohadikusumo ( EVO: Soemitro Djojohadikoesoemo; 29 May 1917 – 9 March 2001) was an Indonesian politician and one of the country's most influential economists. He held notable roles under both presidents Sukarno and Suharto intermitt ...
, the architect of the economic plan for the
New Order, and Dora Marie Sigar. Hashim's mother was a
Protestant Christian
Protestantism is a branch of Christianity that follows the theological tenets of the Protestant Reformation, a movement that began seeking to reform the Catholic Church from within in the 16th century against what its followers perceived to b ...
of
Minahasan descent, who originated from the Maengkom family in Langowan,
North Sulawesi
North Sulawesi ( id, Sulawesi Utara) is a province of Indonesia. It is located on the Minahasa Peninsula of Sulawesi, south of the Philippines and southeast of Sabah, Malaysia. It borders the Philippine province of Davao Occidental and Socc ...
. His grandfather was one of the founders of
Bank Negara Indonesia, Margono Djojohadikusumo. Hashim Djojohadikusumo is the younger brother of
Prabowo Subianto
Prabowo Subianto Djojohadikusumo (born 17 October 1951) is an Indonesian politician, businessman and former army lieutenant general who is the currently-appointed Minister of Defense of the Republic of Indonesia. He is the son of Sumitro Djojoh ...
.
Hashim studied in Europe from primary school to high school, before continuing his higher education at
Pomona College
Pomona College ( ) is a private liberal arts college in Claremont, California. It was established in 1887 by a group of Congregationalists who wanted to recreate a "college of the New England type" in Southern California. In 1925, it became t ...
, where he majored in Political Science and Economics.
Business career
In the beginning, Hashim Djojohadikusumo interned in a French investment bank as a financial analyst. He then continued his path towards the business world in becoming the director of Indo Consulting. Due to his rising development in the industry and business aspect, he then took acquisition of PT. Semen Cibinong through his company, PT. Tirta Mas. After that, he started investing his shares in
Bank Niaga and Bank Kredit Asia and became a conglomerate. The
Asian Financial Crisis of 1998 led to Hashim's stay in London for 9 years to be able to focus on his business. It was during that time his business progressed and spread. His successes led him back to Indonesia to save his brother's business, Kiani Kertas, that was wrapped in a Rp. 1.9 Trillion debt with
Bank Mandiri
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of March 2021, were IDR 1.58 quadrillion (around US$110.56 billion). As ...
. Up to this day, Prabowo's company is owned by Hashim.
After successfully saving Prabowo's company, Hashim Djojohadikusumo also achieved control over the concession of forestry land, around , in
Central Aceh
Central Aceh Regency ( id, Kabupaten Aceh Tengah) is a regency in Aceh Special Region (''Nanggroe Aceh Darussalam'') of Indonesia. It is located on Sumatra island. Formerly this regency covered a much larger area; in 1969, the Southeast Aceh Reg ...
. The concession pushed him to expand his business to reach of plantations, forest concessions, coal mines, and oil & gas fields ranging from
Aceh to
Papua. As of 2014, he was considered a billionaire.
As of December 2019, ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' estimates his net worth at $800 million, making him one of Indonesia's 50 wealthiest individuals.
Philanthropy
Hashim has devoted the past twenty years to a variety of pressing social issues in Indonesia. He is the founder of the Arsari Djojohadikusumo Foundation, which was established in honor of his late father, Professor
Sumitro Djojohadikusumo
Sumitro Djojohadikusumo ( EVO: Soemitro Djojohadikoesoemo; 29 May 1917 – 9 March 2001) was an Indonesian politician and one of the country's most influential economists. He held notable roles under both presidents Sukarno and Suharto intermitt ...
, a former Indonesian economist considered the architect of the country's modern economy. The Foundation funded The Sumitro Djojohadikusumo Center for Emerging Economies in Southeast Asia (SDCEESEA) at the
Center for Strategic and International Studies
The Center for Strategic and International Studies (CSIS) is an American think tank based in Washington, D.C. CSIS was founded as the Center for Strategic and International Studies of Georgetown University in 1962. The center conducts polic ...
The SDCEESEA conducts research on U.S.-Indonesia relations and Southeast Asia. It includes a proactive program to promote deeper understanding and closer relations between the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
and
Southeast Asia
Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of mainlan ...
.
The Arsari Foundation has been collaborating with the
Gadjah Mada University
Gadjah Mada University ( jv, ꦈꦤꦶꦥ꦳ꦼꦂꦱꦶꦠꦱ꧀ꦓꦗꦃꦩꦢ; id, Universitas Gadjah Mada, abbreviated as UGM) is a Public university, public research university located in Sleman Regency, Sleman, Yogyakarta (special region) ...
since 2007. In 2018 the foundation announced it would provide scholarships to students and lecturers in order to help the university advance the preservation of
Javanese culture. Hashim was listed as a Hero of Philanthropy by Forbes Asia in 2011 due to his foundation's ongoing contribution to the preservation of Indonesian heritage.
Other notable achievements include: the backing of programs to save the
orangutan
Orangutans are great apes native to the rainforests of Indonesia and Malaysia. They are now found only in parts of Borneo and Sumatra, but during the Pleistocene they ranged throughout Southeast Asia and South China. Classified in the genu ...
and honey bears of
Kalimantan (
Borneo
Borneo (; id, Kalimantan) is the third-largest island in the world and the largest in Asia. At the geographic centre of Maritime Southeast Asia, in relation to major Indonesian islands, it is located north of Java, west of Sulawesi, and ea ...
), and the welfare of the wild elephant population of
Sumatra. He is a board member of the Institute for the Preservation of the Indonesian Heritage (“Badan Pelestarian Pusaka Indonesia”) and the Indonesian Shadow Puppeteers Association (“PEPADI”). He becomes the Chairman for Indonesian Chess Association (Percasi) in 2010. Hashim's other interests include equestrian sports, and he is a founding member of the polo association in Indonesia.
Columnist
Since early 2014, Hashim has been selected to write an occasional column for the
Huffington Post.
Controversies
Hashim Djojohadikusumo has been linked to various controversies. In 2002, Hashim Djojohadikusumo was arrested after, allegedly, misusing funds for bailing out collapsed and failed banks, including Hashim's banks, in the
BLBI (Liquidity Assistance of Bank of Indonesia).
Personal life
Hashim is married to Anie Hashim Djojohadikusumo, with whom he has 3 children: Aryo Puspito Setyaki Djojohadikusumo,
Rahayu Saraswati Dhirakanya Djojohadikusumo, and Siti Indrawati Djojohadikusumo. Hashim is a convert to Christianity.
References
{{DEFAULTSORT:Djojohadikusumo, Hashim
1953 births
Living people
Indonesian billionaires
Hashim
Hashim ( ar, هاشم) is a common male Arabic given name.
Hashim may also refer to:
*Hashim Amir Ali
* Hashim (poet)
*Hashim Amla
*Hashim Thaçi
* Hashim Khan
*Hashim Qureshi
* Mir Hashim Ali Khan
* Hashim al-Atassi
*Hashim ibn Abd Manaf
* Hashim ...
Pomona College alumni
Claremont Graduate University alumni
Indonesian Christians
Converts to Christianity from Islam
Indonesian former Muslims