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Forbes Indonesia Magazine - May 2014

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Forbes Indonesia

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In this issue

In April last year, Tahir signed a $200 million partnership with Gates, with each donating $100 million. The partnership represented the Gates Foundation’s first major private donor partnership in Indonesia. The donation also made Tahir the second largest donor in the world to the Global Fund after Bill himself.

Exactly one year later, Tahir organized eight donors to each give $5 million over five years ($1 million per year) to the newly launched Indonesia Health Fund, for a total of $40 million—which the Bill and Melinda Gates Foundation matched dollar for dollar, for a total of $80 million.

The bulk of this money, $60 million, will be spent in Indonesia, to fight tuberculosis, malaria and AIDS and promote family planning. The remainder will go to fight polio on a global basis. With $60 million the Indonesia Health Fund instantly became one of the largest philanthropies in the country, ranked on size of funds.

Forbes Indonesia Magazine Description:

Forbes Indonesia is a world-class business magazine of uncompromising quality and scope, providing insights and information to readers critical to their business and inspiring them to greater success

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