Mourning for Como, owner Michael Hartono has died
Michael Hartono, co-owner of the Italian football club Como, passed away at the age of 86, leaving behind a significant business legacy.
Michael Hartono, the 86-year-old co-owner of the Como football club alongside his brother Robert, has passed away. Known for his significant contributions to various industries including banking and electronics, Hartono was part of a family empire originating from the tobacco business with Djarum. His family's net worth is estimated at around $43.8 billion, making them one of Indonesia's wealthiest families.
The news of Hartono's death was confirmed by Ossy Indra Wardhani, who oversees business affairs for GDP Venture, the venture capital arm of the Djarum Group. The loss of such a prominent figure in the business sector not only impacts the football community linked to Como but also resonates within the larger economic framework where his ventures contributed significantly. Martin Hartono, his nephew and the founder of Blibli, a notable Indonesian e-commerce platform, continues to carry forward the family legacy.
Michael Hartonoโs story stretches back to the 1950s when his father, Oei Wie Gwan, acquired a failing cigarette company that he transformed into Djarum, a mainstay in Indonesia's clove cigarette production. Beyond his business acumen, Hartono was also known for his love of bridge, having been a professional player. His multi-faceted life leaves a lasting impact not only through his financial achievements but also through his engagement in sporting pursuits.