Ciputra
Ciputra | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Ciputra in the inauguration of the PB Jaya Raya Sports Building, 2016 | |||||||||
| Born | Tjie Tjin Hoan 24 August 1931 | ||||||||
| Died | 27 November 2019(aged 88) | ||||||||
| Nationality | Indonesian | ||||||||
| Other names | Xu Zhenhuan | ||||||||
| Occupation(s) | Businessman, investor, philanthropist | ||||||||
| Spouse | Dian Sumeler (died 22 Dec 2021) | ||||||||
| Children | 4 | ||||||||
| Parent(s) | Tjie Siem Poe Lie Eng Nio | ||||||||
| Chinese name | |||||||||
| Traditional Chinese | Từ chấn hoán | ||||||||
| Simplified Chinese | Từ chấn hoán | ||||||||
| |||||||||
CiputraorTjiputra(bornTjie Tjin Hoan,Chinese:Từ chấn hoán;pinyin:Xú Zhènhuàn;Pe̍h-ōe-jī:Chhî Chín-hoàn;24 August 1931 – 27 November 2019)[1]was an Indonesian businessman, investor, and philanthropist. He founded Ciputra Group, one of Indonesia's largest real estate companies, with three subsidiaries, including Ciputra Development, listed on theJakarta Stock Exchange.Known as one of Indonesia's most generous philanthropists, he established ten schools, the Ciputra University of Entrepreneurship inSurabaya,and the Ciputra Artpreneur Museum inJakarta.
Early life and education
[edit]Tjie Tjin Hoan was born on 24 August 1931 in the town ofParigiinCentral Sulawesi,Dutch East Indies.He was the third child ofChinese Indonesianmerchants Tjie Sim Poe ( từ Thẩm bước ) and Lie Eng Nio ( Lý anh nương ) whose ancestral home was inZhangzhou,Fu gian.[2][1]AfterJapan occupied the Dutch East Indiesduring World War II, Tjie's father was falsely accused of being a Dutch spy and arrested by the Japanese in 1943.[2]Tjie never learned for sure what happened to his father, who was never heard from again[3]and presumed to have died in prison.[2]
Fatherless at age 12, Tjie grew up in poverty, but was able to resume his education after the end of World War II. After finishing high school inManado,he entered the prestigiousBandung Institute of TechnologyinJavato study architecture. He graduated in 1960.[2]
When he was 25, Tjie Tjin Hoan adopted themononymCiputra (also spelled Tjiputra[4]). "Ci" is from his Chinese surnameTjie,while "putra" means "son" in Indonesian.[3]
Career
[edit]While still studying architecture in university, Ciputra and two friends, Budi Brasali and Ismail Sofyan, started a consulting firm. After graduation, he decided to become a property developer instead of a consultant. Having earned the trust ofSoemarno Sosroatmodjo,theGovernor of Jakarta,he became CEO of Pembangunan Jaya (Jaya Group), a developer partly owned by theJakartaprovincial government. He worked for the company for 35 years and became a minority shareholder for his services. His major projects at Jaya includedAncol Dreamlandand theSenenMarket.[2]
Together with his university friends Brasali and Sofyan, he also founded the Metropolitan Group. Serving as President Commissioner, he provided guidance to the company, which counts theSalim Groupas an investor. Metropolitan developedPondok IndahinJakartaand invested abroad.[2]
After his children graduated from universities overseas, Ciputra founded his family holding company, the Ciputra Group, for his four children. In addition to his children, his wife, brother, and children-in-law were all involved in its management. He also hired professional executives to manage the company, which developed more than 30 major projects in Indonesia and abroad, including Citra Raya inSurabaya.[2]
The Ciputra Group was severely impacted by the1997 Asian financial crisis,during which the value of theIndonesian rupiahplunged and the company's US dollar-denominated debts became far more burdensome. In addition,anti-Chinese riotsbroke out in Indonesia, forcing Ciputra to abandon several projects as sales plummeted. It took the group years to restructure its debts, and it did not regain profitability until 2005.[2]
After recovering from the crisis, Ciputra diversified his business from Indonesia and invested in major projects in China, Cambodia, and Vietnam, where the group developed a high-profile international satellite city inHanoiin partnership with the local government.[2]
The Ciputra Group has three subsidiaries listed on theJakarta Stock Exchange:Ciputra Development, Ciputra Surya, and Ciputra Property.[2]Ciputra Development is one of Indonesia's largest listed property companies.
Philanthropy
[edit]Ciputra was known as one of Indonesia's most generous philanthropists.[5]Attributing his self-made success to his education, he established ten schools as well as the Ciputra University of Entrepreneurship inSurabaya.[2]An avid art collector, in 2014 he opened the Ciputra Artpreneur Museum in Jakarta, which holds a large collection of works by his favourite artist,Hendra Gunawan.[3]
Personal life
[edit]When he was 24, Ciputra married Dian Sumeler, whom he had met inSulawesi.The couple had four children: Rina, Junita, Cakra, and Candra.[2]All four children serve on the boards of the Ciputra Group and Ciputra Development, and his son Candra Ciputra also serves as President of Ciputra Development.[3]
Death
[edit]On 27 November 2019, Ciputra died at age 88 atGleneagles Hospitalin Singapore, where he had been undergoing treatment for an illness.[3][5][6]His wife, Dian Sumerler Ciputra, died on 22 December 2021.
Ciputra was buried in a private cemetery atJonggol,West Javaon 5 December 2019.[7]
References
[edit]- ^abIsnaeni, Hendri F. (12 November 2019)."Gây dựng sự nghiệp đạo sư —— từ chấn hoán"[Founding mentor—Ciputra].International Daily News(in Chinese).Archivedfrom the original on 28 November 2019.Retrieved28 November2019.
- ^abcdefghijklSuryadinata, Leo (2012).Southeast Asian Personalities of Chinese Descent: A Biographical Dictionary, Volume I.Institute of Southeast Asian Studies. pp. 208–210.ISBN978-981-4345-21-7.
- ^abcdeMadulia, Erwida (27 November 2019)."Billionaire Indonesian property tycoon Ciputra, dies at 88".Nikkei Asian Review.Archivedfrom the original on 27 November 2019.Retrieved28 November2019.
- ^Suryadinata, Leo (2015).Prominent Indonesian Chinese: Biographical Sketches(4th ed.). Institute of Southeast Asian Studies. p. 342.ISBN978-981-4620-50-5.
- ^ab"'Property maestro' Ciputra passes away at 88 ".The Jakarta Post.27 November 2019.Archivedfrom the original on 28 November 2019.Retrieved28 November2019.
- ^Rastika, Icha (27 November 2019)."Ciputra, Founder Ciputra Group, Tutup Usia di Singapura".Kompas(in Indonesian).Archivedfrom the original on 27 November 2019.Retrieved28 November2019.
- ^Indraini, Anisa (5 December 2019)."Ciputra Dimakamkan di Jonggol Hari Ini".Detik(in Indonesian).Archivedfrom the original on 31 December 2019.Retrieved1 April2020.
- 1931 births
- 2019 deaths
- 20th-century Indonesian businesspeople
- 21st-century Indonesian businesspeople
- Bandung Institute of Technology alumni
- Businesspeople in real estate
- Indonesian billionaires
- Indonesian company founders
- Indonesian investors
- Indonesian people of Chinese descent
- Indonesian philanthropists
- People from Central Sulawesi
- 20th-century philanthropists