Eka Tjipta Widjaja
|Eka Tjipta Widjaja
|Born||3 October 1923 (age 90)
Quanzhou, Fujian, Republic of China
|Net worth||US$6 Billion|
|Eka Tjipta Widjaja
(Chinese Indonesian name)
|Hanyu Pinyin||Huáng Yìcōng|
Eka Tjipta Widjaja (Malay pronunciation: [ˈeka ˈtʃipta wiˈdʒaja]; traditional Chinese: 黃亦聰; simplified Chinese: 黄亦聪; pinyin: Huáng Yìcōng; Pe̍h-ōe-jī: N̂g Ėk-chong; born in Quanzhou, Fujian, China) is the founder of the Sinar Mas Group, which was one of the largest conglomerates during the Indonesian New Order period. His flagship bank, BII or Bank International Indonesia, bankrolled many of his other ventures that made him at one time the king of copra. The Sinar Mas Group also owns the Singaporean-listed Asian Pulp and Paper, a company that has been convicted of being involved in illegal logging in Cambodia, Yunnan Province, China, and the illegal felling of over 50 thousand acres (200 km²) of forest in Bukit Tigapuluh national park. Greenpeace now reports that Sinar Mas is felling massive areas of virgin forest in Papua to make room for palm oil plantations. His bank, like many other local banks, went under during the 1997-98 economic crisis with US$9.7 billion in the red and was seized by the government.
Eka Tjipta Widjaja was born Oei Ek Tjhong in Fujian (Fukien) Province, China. He has since retired from the limelight and handed his business over to his children, in particular Indra, Teguh and Franky and grandson Eric Oei Kang, who headed up the Hong Kong-listed construction company Creator Holdings. Hong Kong Creator Holdings is now one of Hong Kong's most well known and prominent companies, with many projects in Asia. Widjaja's second son, Singapore tycoon Oei Hong Leong, is one of Southeast Asia's richest men, ranked by Forbes Magazine as #37, with a net worth of US$355 million.
- A forest falls in Cambodia, Keith Andrew Bettinger, Asia Times Online Jan. 23, 2013
- Forestry authorities charges Singaporean paper giant with illegal logging People's Daily Online 08:26, March 31, 2005. Source: Singapore paper giant charged with illegal logging in Yunnan chinaview.cn 2005-03-30 20:54:19
- Staples Ends Contracts With Asia Pulp on Environment (Update1) Heather Burke - Bloomberg L.P. February 7, 2008 21:52 EST