Who Is The Conglomerate Dato Sri Tahir Owner Mayapada Group, Son Of Rickshaw Driver Who Now Has Assets Of IDR 46 Trillion

Mayapada Group owner Dato Sri Tahir. (Photo: Doc. Between)

JAKARTA - The leading economic and financial media from the United States Forbes in April mentioned that Dato Sri Tahir has a total wealth of $ 3.3 billion or equivalent to IDR 46.86 trillion. This treasure record ranks the conglomerate as the sixth richest person in Indonesia.

In fact, the entrepreneur who was born Ang Tjoen Ming on March 26, 1952, in Surabaya is one of the senior entrepreneurs in the country who is quite respected. Dato Sri Tahir's name soared along with Mayapada Group, a business conglomerate engaged in several sectors, such as banking, print and pay-TV, property, and hospital networks.

Octopus business developed then does not make this national entrepreneur forget to share with others. A note mentioned that Dato Sri Tahir is a philanthropist who has contributed $ 75 million for various social actions, especially health.

Following the journey of this 69-year-old man, little Tahir is not a figure of prosperous origin. His father was a rickshaw maker in Surabaya. Similarly, the mother helped the profession.

In 1971, Tahir completed his high school education at Petra Kalianyar Christian High School Surabaya. At the time, he once aspired to be a doctor. However, the dream was dashed because of the cost issue.

Not broken charcoal, the opportunity to achieve a bright future came when he got a scholarship at the business school at Nanyang Technological University, Singapore. This is where Tahir's fortunes changed. It's not about the title he got, but how he used his habits while studying in the Merlion country.

It is said that Tahir often buys women's clothing and bicycles from shopping malls in Singapore and sells them back to Indonesia. The idea then helped him to capitalize on imported products more seriously.

Still thirsty for knowledge, he returned to school at Golden Gates University, California, USA, and graduated at the age of 35.

After that, he further sharpened his business instincts by diligently stepping into the garment sector. From the garment, Tahir young gradually began to dare to enter other business fields, especially the field of finance.

Starting from Mayapada Group which he founded in 1986, his business extends from car dealers, garments, banking, to health. Then, in 1990 Bank Mayapada was born as proof of its reliability in economic activities.

The niche business of the financial services sector turned out to be more promising than other fields. From here the Mayapada garment business slowly dims.

The biggest ordeal of the banking business came in 1998 when the economic crisis hit Asia, not least Indonesia. At that time many banks were bankrupt because they were unable to maintain performance and liquidity ratios. As a result, the government took a stance to liquidate several banks that are considered to have high financial risks.

This is not the case with Bank Mayapada which can survive and instead enter the stock market of the Jakarta Stock Exchange. Investigate it, this intermediation agency successfully passed the storm in 1998 because of the company's business strategy that targets small-medium retail segmentation and not foreign credit like most banks at that time.

After that period, the Mayapada Group's expansion became increasingly unstoppable. This conglomerate continues to resonate to this day.

Most recently, Mayapada Bank, codenamed MAYA, just got some good news by closing Liang Xian Ltd, an investment company based in the British Virgin Islands (BVI) into the company. The assurance came after shareholders gave their blessing at the Extraordinary General Meeting of Shareholders held on Monday, May 10, 2021.

Liang Xian annexed MAYA through the purchase of 1,466,033,913 shares or equivalent to 12.39 percent based on a letter issued by the Securities Administration Bureau of PT Adimitra Jasa Korporasi.

The action made several leadership structures within PT Bank Mayapada Internasional Tbk. changed due to the influx of new investors. Nevertheless, this business entity is still controlled by the sixth richest person in the republic, Dato Sri Tahir.