Jakarta, March 19 -- Michael Bambang Hartono, a co-founder of the Djarum Group and one of Indonesia's richest individuals, has died at the age of 86 in Singapore.

"The Djarum family expresses its deepest condolences over the passing of our leader, Mr. Michael Bambang Hartono, on Thursday, March 19, 2026, at 1:15 p.m. Singapore time," Budi Darmawan, senior manager for corporate communications at Djarum Group, told ANTARA on Thursday.

The company did not disclose details of Hartono's funeral, saying the family had yet to finalize the arrangements, Darmawan added.

Hartono was born in Kudus, Central Java, on October 2, 1939, into a Chinese-Indonesian family. Together with his brother, Robert Budi Hartono, he led and owned the Djarum Group,...