Sri Mulyani Indrawati Net Worth, Early Life, Career, Finance Minister, The World Bank and Personal Life

Published Date   16th Aug. 2017, 06:03 am
Sri Mulyani Indrawati Net Worth, Early Life, Career, Finance Minister, The World Bank and Personal Life
Quick Info
Birth Name:Sri Mulyani Indrawati
Date of Birth:26/08/1962
Age: 56 years old
Nationality:Indonesian




Finance minister of Indonesia, Sri Mulyani Indrawati net worth rose as she increased the economic condition of Indonesia in an unexpected way in addition to steer South East Asia away from financial crisis.

Synopsis

Sri Mulyani Indrawati is an economist who came to highlight as she became the Finance Minister of Indonesia. She served as the Minister of Finance from 2005 to 2010 and from 2016 to present. In between, she served as Managing Director of the World Bank Group. One of the world’s most powerful woman in economics, Sri Mulyani Indrawati net worth grew because she made major economic reforms in Indonesia.

Early life and education

Sri Mulyani was born on August 26 1962 in Bandar Lampung in Lampung, Sumatra. Her parents, Satmoko and Retno Sriningsih, are university lecturers. She grew up with her 6 older siblings. Sri Mulyani is an Indonesian while her name is of Javanese origin. She graduated from Universitas Indonesia in 1986. She then went to the University of Illinois at Urbana-Champaign from where she received her master and doctorate in economics.

Early professional career

After finishing education, Sri Mulyani left for Atlanta, Georgia to work as a consultant with the US Agency for International Development (USAID). Additionally, she worked as visiting professor at the Andrew Young School of Policy Studies at the Georgia State University. Sri Mulyani Indrawati net worth heightened as she served as an executive director on the board of International Monetary Fund (IMF) from 2002 to 2004. In IMF, she represented 12 economies in Southeast Asia.

Finance Minister of Indonesia and works

President Susilo Banbang Yudhoyono elected Sri Mulyani as Finance Minister in 2005. As a Finance Minister, she worked to fire corrupt tax and custom officers in the finance department. Due to her success in tackling corruption, she enjoys a reputation for integrity. In addition, Sri Mulyani also reformed Indonesia’s tax and increased direct investment. In 2004, Indonesia received $4.6 billion in foreign direct investment which doubled the next year. This success rose Sri Mulyani Indrawati net worth and prestige.

The following year, under her leadership, Indonesia made 6.6% growth in economy. It was the highest record since 1997 Asian financial crisis. However, it went down to 6% in 2008. The same year, Sri Mulyani replaced Boediono for the position of Coordinating Minister for economy.

Working with the World Bank

In 2010, the World Bank appointed Sri Mulyani as one of the three Managing Directors. Sri Mulyani Indrawati net worth grew as she joined the World Bank. After resigning as Finance Minister of Indonesia, the Indonesian economy underwent financial turmoil.  The country faced crises like stock exchange closing down 3.8%. Similarly, Indonesian Rupiah exchange rate dropped swiftly, nearly 1% against the dollar.

There was speculation that her resignation was politically pressurized under powerful tycoon and chairman of Golkar Party, Aburizal Bakrie. Since Sri Mulyani underwent massive investigation for tax fraud in the Bakrie Group, Bakrie is known to hold enmity against her. However, President Susilo Bambang chose her as CEO of Bank Mandiri, the largest bank in Indonesia replacing Agus Martowardojo.

Recognition and Honors

Many magazines and media demonstrate Sri Mulyani Indrawati net worth by putting her in the prestigious lists. Euromoney magazine named Sri Mulyani Euromoney Finance Minister of the Year in 2006. Forbes ranked Sri Mulyani 23rd in the list of most powerful women in the world in 2008. The same year, Forbes listed her among the most powerful woman in Indonesia. Her fame and integrity rose as Indonesia’s foreign exchange reserves reached all-time high $50 billion during her tenure.  As a result, Emerging Markets newspaper selected Sri Mulyani as Asia’s Finance Minister of the Year in 2007 and 2008. Forbes ranked her 38th among the most powerful women in the world in 2014.

Susilo Bambang Yudhoyono became the president again in 2009. Sri Mulyani Indrawati net worth increased as President Susilo appointed her the Finance Minister one more time. Consequently, Sri Mulyani worked to raise Indonesian economy by 4.5%. It was during the time most parts of the world were going through recession. As per 2009, Indonesia became one of the three countries with emerging economies. She worked to increase the number of income tax payers from 4.35 million to 16 million in 5 years.

Personal Life and Net Worth

Sri Mulyani married an economist, Tony Sumartono. He works at Export Development Board. Sri Mulyani and Sumartono have two sons, Adwin Haryo Indrawan and Luqman Indra Pambudi and a daughter, Dewinta Illinia.

Sri mulyani is one of the most powerful women in the world because she steered Indonesia and South East Asia through financial crisis. Therefore, Sri Mulyani Indrawati net worth is quite high; however, no exact figure of her net worth is available.

Hari ini saya berbagi pengalaman dengan mahasiswa baru Universitas Indonesia angkatan tahun 2017. Saya lulus SMA tahun 1981 dari Semarang dan masuk Jakarta lalu mengikuti orientasi selama tujuh hari di kampus UI. Dengan belajar yang keras, saya mendapatkan IP yang tertinggi waktu lulus dari FEUI. Namun selama di kampus saya tidak hanya belajar saja, saya juga ikut aktif berbagai kegiatan di kampus, termasuk di senat dan teater. Jadi saya menggunakan waktu untuk berteman, bermain, bermusik dan belajar dengan waktu yang seimbang. Tantangan generasi sekarang dengan jaman saya berbeda, jaman saya kuliah dulu, tidak ada internet, ponsel dan lain-lain. Mahasiswa sekarang mempunyai banyak sekali pilihan untuk mengakses informasi dan pengetahuan. Bahkan sekarang mahasiswa juga dapat dengan mudah mendapatkan beasiswa dari Lembaga Pengelola Dana Pendidikan (LPDP). Saat ini peraih beasiswa LPDP dari UI ada 1500 mahasiswa. Jaman saya dulu, saya harus bekerja tambahan siang malam untuk dapat menyelesaikan PhD saya di luar negeri karena beasiswa hanya cukup untuk 18 bulan, padahal kuliah S2 dan S3 harus diselesaikan dalam 4 tahun. Saya sudah biasa membaca buku sejak kecil, termasuk juga menikmati membaca text book saat kuliah. Kebiasaan ini terbawa sampai sekarang. Walaupun tidak langsung selesai membaca satu buku dalam satu kali baca, selepas bekerja, saya sempatkan membaca buku novel dan otobiografi dan mendapatkan inspirasi dari kisah-kisah tersebut. Kebiasaan lain semasa kuliah yang masih saya lakukan sampai sekarang adalah menulis, terutama menulis tentang persepsi, mengenai perasaan, mengenai masalah keadilan dan lain-lain. Intinya, semua ide dan pikiran yang positif harus disalurkan dalam berbagai saluran. Jakarta, 12 Agustus 2017

A post shared by Sri Mulyani Indrawati (@smindrawati) on


Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Privacy Preference Center

GDPR

gdpr[allowed_cookies]

WordPress

wordpress_55744e494f42348a63852c4bb0d2d393, wordpress_55744e494f42348a63852c4bb0d2d393, wordpress_logged_in_55744e494f42348a63852c4bb0d2d393, wordpress_test_cookie, wp-settings-1, wp-settings-time-1