From the Widjaja to Hartono dynasties, wealthy scions are giving Indonesia a tech boost

August 23, 2021 0 Comments

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Indonesia’s digital economy was still in its infancy when Michael Widjaja – a third-generation member of the Widjaja family that runs Sinar Mas Group, one of the country’s largest conglomerates – returned in 2007 after finishing his business studies in California.He is the grandson of the late Eka Tjipta Widjaja, a Chinese-Indonesian business tycoon who established Sinar Mas in the 1960s. Today, the conglomerate has interests in the likes of agribusiness, paper, and financial services, with 37…