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Indonesian Tycoon's New Foundation in Singapore Boosts Underserved Causes
The Straits Times
|May 25, 2025
Indonesian gold mining magnate Jimmy Budiarto, 48, and his wife Yohana Limarno are no strangers to philanthropy.
Ms Limarno, 47, founded WonderFood and WonderSchool, which are non-profit organisations that offer food and education to underserved communities in Indonesia.
After relocating to Singapore in 2023 with hopes of settling down here, the Budiartos set up the Rao Family Foundation a year later to support charitable causes.
"Rao" is Mr Budiarto's Chinese surname, reflecting his Indonesian-Chinese heritage, said Mr James Zou, a director at the foundation.
The Budiartos have three children, aged between 16 and 20, and the younger two are studying in Singapore.
Mr Zou said: "They love Singapore. It has a strong Chinese culture and a good balance of East and West."
He described Mr Budiarto, the chairman of J Resources, as a very generous person.
Denne historien er fra May 25, 2025-utgaven av The Straits Times.
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