What is Hary Tanoesoedibjo's Net Worth?

Hary Tanoesoedibjo is a Chinese Indonesian entrepreneur who has a net worth of $1.9 billion. Born on September 26, 1965 in Surabaya, Indonesia, Tanoesoedibjo made his fortune as the CEO of MNC Group, Indonesia's leading media company. A commerce graduate of Carleton University in Ottawa, Canada, who also holds an MBA from the same university, he started PT. Bhakti Investama in 1989. Several years later, during the Indonesian financial crises, Tanoesoedibjo purchased PT. Bitmantra Citra, and later, he renamed the company into Global Mediacom. Soon, he launched PT. Media Nusantara Citra, also known as MNC Group. Through the years, the company has grown into media powerhouse holding many different sectors like radio, television, adverting agency, print media, music records, telecommunication, online sites, talent agency, investment and mining with over 50 companies.

Currently, this media tycoon serves as the President Director of PT. Global Mediacom Tbk., PT. Rajawali Citra Televisi Indonesia (RCTI), PT. Mibile-8 Telecom Tbk., and PT. Media Nusantara Citra. In the past year, Tanoesoedibjo was making a deal with Aburizal Bakrie, a leader of politically connected Bakrie clan. He paid approximately $200 million for 5 toll-road concessions owned by Bakrie, as well as $143 million for 2,500 acres big area of Bali Nirwana Resort. However, his offer of $427 million to buy ANTV, Bakrie's TV station, is on hold.