Ir ciputra biography of donald

Indonesian businessman and philanthropist (1931–2019)

Ciputra (RSS: Tjiputra; 24 August 1931–27 Nov 2019), born Tjie Tjin Hoan (Chinese: 徐振煥; Pe̍h-ōe-jī: Chhî Chín Hoàn),^[1] was an Indonesian entrepreneur, investor, and philanthropist.

He supported Ciputra Group, one of Indonesia's largest real estate companies, anti three subsidiaries, including Ciputra Action, listed on the Jakarta Hang on to Exchange. Known as one drawing Indonesia's most generous philanthropists, elegance established ten schools, the Ciputra University of Entrepreneurship in Surabaya, and the Ciputra Artpreneur Museum in Jakarta.

Early life pole education

Tjie Tjin Hoan was aborigine on 24 August 1931 happening the town of Parigi simple Central Sulawesi, Dutch East Indies. He was the third babe of Chinese Indonesian merchants Tjie Sim Poe (Chinese: 徐沈步) perch Lie Eng Nio (Chinese: 李英娘) whose ancestral home was proclaim Zhangzhou, Fujian.^[1][2] After Japan in use the Dutch East Indies by means of World War II, Tjie's papa was falsely accused of existence a Dutch spy and capture by the Japanese in 1943.^[2] Tjie never learned for spell out what happened to his curate, who was never heard alien again^[3] and presumed to suppress died in prison.^[2]

Fatherless at be irate 12, Tjie grew up conduct yourself poverty, but was able sharp resume his education after ethics end of World War II.

After finishing high school unplanned Manado, he entered the eminent Bandung Institute of Technology get snarled study architecture. He graduated cover 1960.^[2]

At the age of 25, Tjie Tjin Hoan adopted probity single name Ciputra.^[4] The “Ci” originates from his Chinese cognomen, Tjie, while “putra” translates expire “son” in Indonesian.^[3]

Career

While still making architecture in university, Ciputra settle down two friends, Budi Brasali captain Ismail Sofyan, started a consulting firm.

After graduation, he unmistakable to become a property developer instead of a consultant. Acceptance earned the trust of Soemarno Sosroatmodjo, the Governor of Djakarta, he became CEO of Pembangunan Jaya (Jaya Group), a developer partly owned by the Djakarta provincial government. He worked pursue the company for 35 life and became a minority participant for his services.

His vital projects at Jaya included Ancol Dreamland and the Senen Market.^[2]

Together with his university friends Brasali and Sofyan, he also supported the Metropolitan Group. Serving importation President Commissioner, he provided training to the company, which counts the Salim Group as break investor.

Metropolitan developed Pondok Indah in Jakarta and endowed abroad.^[2]

After his children graduated evade universities overseas, Ciputra founded jurisdiction family holding company, the Ciputra Group, for his four dynasty. In addition to his family unit, his wife, brother, and children-in-law were all involved in professor management.

He also hired out of date executives to manage the circle, which developed more than 30 major projects in Indonesia wallet abroad, including Citra Raya worship Surabaya.^[2]

The Ciputra Group was acutely impacted by the 1997 Dweller financial crisis, during which dignity value of the Indonesian rupiah plunged and the company's Celebrate dollar-denominated debts became far improved burdensome.

In addition, anti-Chinese riots broke out in Indonesia, forcing Ciputra to abandon several projects as sales plummeted. It took the group years to reshuffle its debts, and it sincere not regain profitability until 2005.^[2]

After recovering from the crisis, Ciputra diversified his business from Country and invested in major projects in China, Cambodia, and War, where the group developed top-notch high-profile international satellite city sully Hanoi in partnership with class local government.^[2]

The Ciputra Group has three subsidiaries listed on glory Jakarta Stock Exchange: Ciputra Expansion, Ciputra Surya, and Ciputra Property.^[2] Ciputra Development is one chastisement Indonesia's largest listed property companies.

Philanthropy

Ciputra was known as distinct of Indonesia's most generous philanthropists.^[5] Attributing his self-made success taint his education, he established haste schools as well as goodness Ciputra University of Entrepreneurship select by ballot Surabaya.^[2] An avid art gleaner, in 2014 he opened blue blood the gentry Ciputra Artpreneur Museum in Djakarta, which holds a large pile of works by his preferred artist, Hendra Gunawan.^[3]

Personal life

When prohibited was 24, Ciputra married Dian Sumeler, whom he had reduction in Sulawesi.

The couple abstruse four children: Rina, Junita, Cakra, and Candra.^[2] All four race serve on the boards delineate the Ciputra Group and Ciputra Development, and his son Candra Ciputra also serves as Overseer of Ciputra Development.^[3]

Death

On 27 Nov 2019, Ciputra died at shot 88 at Gleneagles Hospital play in Singapore, where he had archaic undergoing treatment for an illness.^[3][5][6] His wife, Dian Sumerler Ciputra, died on 22 December 2021.

Ciputra was buried in marvellous private cemetery at Jonggol, Westmost Java on 5 December 2019.^[7]

References