Eddy Sariaatmadja Net Worth: Forbes Says $1.2 Billion or $1.8 Billion, Same Month
5 min read
Loading...
5 min read
Eddy Sariaatmadja's net worth is either $1.2 billion or $1.8 billion, and both figures come from Forbes in December 2025. The co-founder of Elang Mahkota Teknologi (Emtek), the group behind SCTV, Indosiar and MOJI, spent most viewers' remote-control lives as an anonymous name behind a familiar channel. He returned to Indonesia's richest list in December 2025 after a two-year absence, riding a rally in Emtek shares tied to the long-awaited IPO of Super Bank Indonesia. The two Forbes figures for him do not disagree about a moving stock price. They disagree about who counts as "him."
| Publisher | Date | Figure | Scope |
|---|---|---|---|
| Forbes, "Eddy Kusnadi Sariaatmadja" profile (via Inilah.com) | December 2025 | $1.2 billion (~Rp 20.1 trillion) | Individual: his direct 13,439,147,454 EMTK shares, 21.89% of the company |
| Forbes, "Eddy Kusnadi Sariaatmadja & family" profile, Indonesia's 50 Richest 2025 | 10 December 2025 | $1.8 billion | Family total, #36 in Indonesia |
Both numbers are Forbes, both dated the same month, and neither is stale relative to the other. Forbes simply runs two separate profile pages for him: one pricing his own direct EMTK stake, one pricing the wider family's holdings across the Emtek group. Forbes' broader 2026 billionaires database still lists him under the $1.8 billion family figure, with no separately dated update found as of this run. No Bloomberg figure specifically naming Eddy Sariaatmadja was found in this run's searches, so unlike most profiles in this series, there is only one publisher pricing him at all.
Emtek itself is the anchor, and it is unusually well disclosed for a conglomerate this size: four group entities trade on the IDX, PT Elang Mahkota Teknologi Tbk (EMTK), PT Surya Citra Media Tbk (SCMA, which runs SCTV and Indosiar), PT Bukalapak.com Tbk (BUKA), and, since 17 December 2025, PT Super Bank Indonesia Tbk (SUPA), which listed in an IPO that raised roughly Rp 2.79 trillion and was oversubscribed 318 times. Bukalapak's own free float sits at 31.75% as of March 2026, with PT Kreatif Media Karya holding 44.9% and Emtek holding 10.49% directly, per shareholder data compiled by Emitentrust.com. None of EMTK, SCMA, BUKA or SUPA currently appears in NetWort's curated asset list, so they are named here in prose only.
Super Bank Indonesia's stock has not repeated its IPO enthusiasm. SUPA had fallen 34.22% year-to-date to Rp 615 by 11 June 2026, per Bisnis.com, even as Superbank itself reported first-quarter 2026 net profit of Rp 78.19 billion, up from just Rp 251 million a year earlier, and total assets up 70.54% year-on-year to Rp 23.9 trillion. Rather than treat the falling share price as a verdict, Emtek's subsidiary PT Elang Media Visitama bought more of it: 10.55 million shares at Rp 582 on 9 June 2026 and another 3 million at Rp 642 the next day, worth roughly Rp 8.06 billion combined, per Bisnis.com and Liputan6.com, lifting the subsidiary's voting stake in Superbank to about 27.64%. It was not a one-off: CNBC Indonesia reported an earlier Rp 25 billion Emtek purchase of SUPA shares on 5 January 2026.
This fortune sits closer to the transparent end of this series' spectrum than most: four separate IDX-listed entities, each filing quarterly, none of it hidden the way Sri Prakash Lohia's wholly private Indorama Corporation is. What is genuinely unclear is the personal accounting layer on top: Forbes' own $1.2 billion individual figure and $1.8 billion family figure are 50% apart, and Forbes does not publish which relatives or entities make up the difference. That is a definitional gap, not a disagreement about facts, the same kind of wrinkle that separated Sri Prakash Lohia's wholly private conglomerate from his brother Aloke's separately listed company. It is a useful reminder next to Chairul Tanjung's CT Corp, which is also making a digital-banking bet through Allo Bank: two Indonesian conglomerates backing separate digital banks in the same stretch of 2026, with very different public visibility into who actually owns what.
Before comparing any two net worth figures for the same person, check whether they are actually measuring the same thing. An individual stake and a family total are not interchangeable, and treating a jump between them as a change over time would misstate what happened, similar to how Marina Budiman's DCII swings on thin trading volume rather than a clean read on the underlying business. Watching a newly listed, thinly traded stock like SUPA is also its own lesson: NetWort's IPO first-year performance piece works through why fresh IDX listings often swing harder than established names, in either direction, well after the opening bell.