Bachtiar Karim

Bachtiar Karim (born November 5, 1957) is a Chinese-Indonesian businessman. He is the executive chairman of Musim Mas, a Singapore-based company invested in palm oil.[2] Despite his net-worth of 2.6B US dollar as of 2019,[3] he has kept a low profile among Indonesian businessmen.[2][4] He studied in Singapore at the Hwa Chong Junior College and competed a degree in Mechanical Engineering at the National University of Singapore.[5]

Bachtiar Karim
Born (1957-11-05) November 5, 1957
CitizenshipIndonesian
OccupationOwner, Musim Mas
Net worthUS$3.1 billion (December 2020)[1]
Parent(s)Anwar Karim & Mikie Wijaya
RelativesBurhan Karim (brother)
Bahari Karim (brother)

In 2019, Karim purchased Darby Park Executive Suites (a 6-story residence building in Singapore) for $160 million from Royal Group Holdings Pte Ltd.[6]

Family

His father Anwar Karim founded the Nam Cheong Soap Factory in Medan in 1932.[3][7] He has three siblings: Burhan Karim, Bahari Karim, Bahrum Karim. His family founded an entrepreneur center, which operates in the University of North Sumatra.[7]

References

  1. "Bachtiar Karim". Forbes. Retrieved 9 December 2020.
  2. Reuters Staff (2012-07-15). "FACTBOX-Indonesia's palm oil tycoons drive investment spree". Reuters. Retrieved 2020-10-25.
  3. "Bachtiar Karim & family". Forbes. Retrieved 2020-08-03.
  4. Web, Digital (2014-08-26). "Biography of Bachtiar Karim". Indonesia Richest. Retrieved 2020-08-03.
  5. "PressReader.com - Your favorite newspapers and magazines". www.pressreader.com. Retrieved 2020-08-03.
  6. hermesauto (2019-10-14). "Singapore property investment sales more than double to $16.7b on quarter: Report". The Straits Times. Retrieved 2020-10-25.
  7. Salihovic, Elnur. Major players in the Muslim business world. Boca Raton, Florida. p. 120. ISBN 978-1-62734-052-6. OCLC 988749011.
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