Real Estate & Property

Soegiarto Adikoesoemo

Soegiarto Adikoesoemo

Apart from being a lifelong chemical-business leader, Soegiarto Adikoesoemo’s affinity for art led to Indonesia’s first major museum for contemporary pieces


One of the wealthiest and most influential men in Indonesia, Malang-born Soegiarto Adikoesoemo founded AKR Corporindo more than 60 years ago and continues to serve at its helm as President Commissioner. AKR Corporindo started life as a small chemical trader in 1960, and went public on the Indonesian Stock Exchange in 1994.

Adikoesoemo has also built chemical manufacturing plants in Indonesia and China, as well as storage facilities at multiple ports, making the company Indonesia’s largest chemical distributor.

Just recently, the Adikoesoemo family has turned their eyes towards the art industry. With the huge collection of valuable artworks they’ve collected over the past 25 years, including works by Andy Warhol and Mark Rothko, they opened the Museum of Modern and Contemporary Art in Nusantara (MACAN) in Jakarta in 2017. The impressive space was a first for the country’s contemporary art scene.

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Adikoesoemo is also the President Commissioner of Arthakencana Rayatama, Arjuna Utama Kimia and Andahanesa Abdi. AKR Corporindo has two joint ventures with gas-and-oil giants BP.

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