William Soeryadjaya
Encyclopedia
William Soeryadjaya born in Majalengka
, was an Indonesia
n businessman who co-founded Astra International
, Indonesia's largest automobile
retailer.
Soeryadjaya co-founded founded Astra, then a trading company
, in 1957. The company grew to become Indonesia's largest automobile retailers and the country's biggest company by market value
. The company, which also owns finance
, palm oil
and automotive businesses, sells Honda
motorcycles and Toyota vehicles throughout Indonesia. In March 2010, Astra overtook Telkom Indonesia to become Indonesia's most valuable company.
In 2009, Forbes Magazine rated the Soeryadjaya family as Indonesia's 18th wealthiest family.
William Soeryadjaya died at Medistra Hospital in Jakarta
at 22:43 p.m. on April 2, 2010, at the age of 87. Astra's president director, Michael Ruslim also died on January 20, 2010, from dengue fever
.
Majalengka
Majalengka is a City in the West Java province of Indonesia the capital of Majalengka Regency.As of 2006, this regency consists of the 23 districts , all of which make up a total of 13 urban villages and 318 rural villages ....
, was an Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
n businessman who co-founded Astra International
Astra International
Astra International was founded in 1957, based on a small trading business operated by brothers Tjia Kian Tie and William Soeryadjaya. The family had begun its trading activities by the 1940s, initially operated as a distributor of fruit juices and other agricultural and grocery goods, before...
, Indonesia's largest automobile
Automobile
An automobile, autocar, motor car or car is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor...
retailer.
Soeryadjaya co-founded founded Astra, then a trading company
Trading company
Trading companies are businesses working with different kinds of products which are sold for consumer, business or government purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to customers....
, in 1957. The company grew to become Indonesia's largest automobile retailers and the country's biggest company by market value
Market value
Market value is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and may differ in some...
. The company, which also owns finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, palm oil
Palm oil
Palm oil, coconut oil and palm kernel oil are edible plant oils derived from the fruits of palm trees. Palm oil is extracted from the pulp of the fruit of the oil palm Elaeis guineensis; palm kernel oil is derived from the kernel of the oil palm and coconut oil is derived from the kernel of the...
and automotive businesses, sells Honda
Honda
is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles.Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than...
motorcycles and Toyota vehicles throughout Indonesia. In March 2010, Astra overtook Telkom Indonesia to become Indonesia's most valuable company.
In 2009, Forbes Magazine rated the Soeryadjaya family as Indonesia's 18th wealthiest family.
William Soeryadjaya died at Medistra Hospital in Jakarta
Jakarta
Jakarta is the capital and largest city of Indonesia. Officially known as the Special Capital Territory of Jakarta, it is located on the northwest coast of Java, has an area of , and a population of 9,580,000. Jakarta is the country's economic, cultural and political centre...
at 22:43 p.m. on April 2, 2010, at the age of 87. Astra's president director, Michael Ruslim also died on January 20, 2010, from dengue fever
Dengue fever
Dengue fever , also known as breakbone fever, is an infectious tropical disease caused by the dengue virus. Symptoms include fever, headache, muscle and joint pains, and a characteristic skin rash that is similar to measles...
.