Ciputra (RSS: Tjiputra; 24 August 1931–27 November 2019), born Tjie Tjin Hoan (Chinese: 徐振煥; Pe̍h-ōe-jī: Chhî Chín Hoàn),[1] was an Indonesian businessman, investor, and philanthropist.
Tjie Tjin Hoan was born on 24 August 1931 in the town of Parigi in Central Sulawesi, Dutch East Indies.
[3] While still studying architecture in university, Ciputra and two friends, Budi Brasali and Ismail Sofyan, started a consulting firm.
He also hired professional executives to manage the company, which developed more than 30 major projects in Indonesia and abroad, including Citra Raya in Surabaya.
[2] The Ciputra Group was severely impacted by the 1997 Asian financial crisis, during which the value of the Indonesian rupiah plunged and the company's US dollar-denominated debts became far more burdensome.
[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 in Hanoi in partnership with the local government.
[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.