JAY-AR CUPAG

CHAIRUL TANJUNG
Chairul Tanjung (born 16 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 on 19 May 2014 following the resignation of the previous Coordinating Minister for
Economics, Hatta Rajasa, who resigned to take part in Indonesia's 2014 presidential election. In January
2015, he had an estimated net worth of $4.3 billion.

Chairul Tanjung was born in Jakarta. His parents was A.G. Tanjung and Halimah. He was born in a very
rich family because his father is a reporter and established a magazine company. In new order era, his
father's business got shut down by the government for helping the old order era. His family economy
turns 180 degrees where their big house and cars were sold to cover debt and for a living, they must live
in a tiny apartment. His parents wanted their children to be successful so they worked in a company.
Chairul finished the Boedi Oetomo senior high school in 1981. He obtained a bachelor's degree at the
Faculty of Dentistry, University of Indonesia. He became the national noble student in 1984 and 1985.
While studying, he and his two friends started a shop that sold books and T-shirts then they rapidly
became a big shop selling doctors and laboratories equipment. He must spare his time for studying and
business but he chooses business, so he drops-out from the dentistry school and established PT CT
Corp with 150 million rupiah for assets borrowed from Exim Bank. They produced shoes for kids and got
an order making 160 pairs of shoes to Italy, but a month after the order, he separated from his two friends
because he has a different thinking about business. He later became the chairman and founder of CT
Corp (Indonesia), along with the late founder of Sony, Akio Morita.

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. 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 entertaintment
subholding
 CT Global Resource, an agribusiness and energy subholding