Biography
Theodore Permadi Rachmat, commonly known as Teddy Rachmat, was born Oei Giok Eng on December 5, 1943. He is a famous Indonesian businessman who has made significant contributions to the business scene of country.
Rachmat began his career in 1968 at Astra International, a company founded by his uncle William Soeryadjaya. He quickly rose through the ranks to become CEO and played a key role in expanding Astra’s operations across various sectors.
In 1998, Rachmat took an important entrepreneurial step by establishing the Company Triputra Groupa diversified business conglomerate engaged in industries such as rubber processing, coal, manufacturing and logistics. Under his leadership, Triputra Group has grown into one of the largest private enterprises in Indonesia.
Rachmat also has a notable impact in the coal industry through its involvement PT Adaro Energyone of the world’s largest coal mining companies. As Vice Chairman of the Board, he played a key role in Adaro’s growth and success, and further expanded its business portfolio.
His achievements have earned him many awards, including the Bintang Jasa Utama medal by President Joko Widodo in 2019, recognizing his significant contributions to the Indonesian economy. Forbes also listed him as one of the wealthiest individuals in Indonesia, reflecting his business success.
Teddy Rachmat is married and has three children, one of whom, Christian Aryono Rachmat, plays an important role in Adaro Energy.
Indonesian businessman
Theodore Permadi Rachmat |
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 Theodore Permadi Rachmat: History ‧ Biography ‧ Photos |
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| Wiki Info & About Data | |
| Real name: | Oei Giok Anh |
| Stage name: | Theodore Permadi Rachmat, TP Rachmat, Teddy Rachmat |
| Born: | December 15, 1943 (80 years old) |
| Place of birth: | Kadipaten, Indonesia |
| Nationality: | Indonesian |
| Education: | Bandung Institute of Technology (1968), Saint Aloysius Primary School, Sukarsari |
| Height: | 1.67 m |
| Parents: | Raphael Adi Rachmat, Agustine Soeryadjaya |
| Siblings: | not applicable |
| Couple: | Like Rani Imanto |
| Girlfriend • Partner: | not applicable |
| Children: | Ayu Patricia Rachmat, Arif Patrick Rachmat, Christian Ariano Rachmat |
| Job: | businessmen |
| Net worth: | 232 million USD (USD) |
Early Life & Education
Theodore Permadi Rachmat, also known as TP Rachmat or Teddy Rachmat, was born on December 5, 1943 in Kadipaten, Majalengka, during the Japanese occupation of Indonesia. His birth name was Oei Giok Eng, reflecting his Chinese-Indonesian heritage. He grew up as part of the Peranakan Chinese community, which was historically significant to Indonesian trade.
Rachmat comes from a family with a business tradition; His parents, Raphael Adi Rachmat and Agustine Soeryadjaya, have connections to the influential business world through his uncle, William Soeryadjaya (Tjia Kian Liong), founder of Astra International. Growing up as an only child, Rachmat formed strong relationships with his extended family, which shaped his entrepreneurial journey.
He started studying at Saint Aloysius Primary School in Sukarsari and then attended Bandung Institute of Technology (ITB) in 1968. There he probably studied engineering, business or management, which prepared him for a successful career in the corporate world.
Although the specifics of his religious beliefs are not widely known, his cultural background may suggest influences from Chinese traditions such as Confucianism, Taoism or Buddhism. He may also practice Christianity or Islam, both of which are common among Chinese Indonesians.
Rachmat started his career at Astra International in 1968 as a salesman, leveraging his knowledge from ITB. His rapid rise through the corporate ranks and subsequent founding of the Company Triputra Group reflects his keen business instincts and leadership abilities, honed through both formal education and practical experience within his family’s influential business network.
Career
Theodore Permadi Rachmat, widely known as TP Rachmat or Teddy Rachmat, began his remarkable career in 1968 in Astra Internationala corporation founded by his uncle William Soeryadjaya. After earning a degree in mechanical engineering from Bandung Institute of TechnologyRachmat started out as a salesman, but his business acumen and dedication quickly brought him up the ranks. By 1972, he was appointed to manage United Tractors, Astra’s heavy equipment subsidiary, and he soon demonstrated his leadership skills in handling large business operations.
Rachmat’s career at Astra continued to advance and in 1984, he became President of the company, a position he held until his retirement in 2005. Under his leadership, Astra significantly expanded its operations, including the establishment PT Astra Honda Motor to assemble motorcycles in Indonesia and lead the distribution of Daihatsu and Toyota vehicles, both of which played important roles in the company’s growth.
In 1998, during the Asian financial crisis, Rachmat diversified his business interests by establishing the Triputra Group. The group has developed into many agricultural, manufacturing and mining businesses. Notable business projects include Kirana Megatarathe world’s leading company in rubber processing, and Adaro Energyone of Indonesia’s leading coal mining companies, where Rachmat serves as Vice President Commissioner.
Rachmat’s transition from a salesman to a billionaire businessman was marked by strategic decisions, including a profitable sale Adira Finance and reinvest in venture projects such as Adaro Energy and many different companies belong to Triputra Group. His approach to business often revolves around tight-knit networks, with family members and long-time associates holding key positions in his businesses.
Rachmat’s contributions to the Indonesian economy have earned him recognition, including being listed among Forbes’ wealthiest individuals, with a net worth in the billions. In 2019, President Joko Widodo awarded him the Bintang Jasa Utama medal, further cementing his impact on Indonesia’s economic development.
Social Media
- Instagram: Teddy MC Rachmat (@tedrachmat)
Personal life
Theodore Permadi Rachmat, commonly known as Teddy Rachmat, is married to Like Rani Imanto. Together, they have three children: Ayu Patricia Rachmat, Arif Patrick Rachmat and Christian Aryano Rachmat.
Ayu Patricia Rachmat, born on July 2, 1976, has forged her own career in the business world, continuing her family legacy. She was married to Patrick Sugito Walujo, although they had no children.
Arif Patrick Rachmat has taken on key roles in the family business, serving as CEO of Triputra Agro Peradaone of the largest palm oil producers in Indonesia. Meanwhile, Christian Aryano Rachmat holds a prominent position at the Adaro Energy as Vice Chairman Director and Deputy Chief Executive Officer, highlighting the family’s strong presence in the mining sector.
Although specific height measurements are not widely available, some mentions on social media suggest that Theodore Rachmat may be around 5’6″ tall based on public appearances and comparisons.
Theodore Permadi Rachmat’s marriage to Like Rani Imanto and the raising of their children in one of Indonesia’s most influential business families underscores the continuity of their business acumen and legacy through many generations.
Net worth
Theodore Permadi Rachmat, widely known as Teddy Rachmat, has built considerable wealth through his entrepreneurial activities and leadership in the Indonesian business scene, especially with Triputra Group and Adaro Energy.
His estimated net worth is approximately $232 million, largely due to his significant holdings in various companies, especially in the coal mining industry. Adaro Energywhere he held the position of Vice Chairman of the Board.
This wealth reflects his business expertise, honed over decades, starting from his early career at Astra Internationalwas founded by his uncle William Soeryadjaya and culminated in the founding Triputra Group in 1998, now expanding into agricultural business, manufacturing and mining.
