CNBC Perception This Billionaire Transformed to Islam As a result of He Was Afraid His Cash Would not Bless Him Entrepreneur – 5 hours in the past

Jakarta, CNBC Indonesia – That is the story of Masagung or Tjio Wie Tay. He’s the founder and proprietor of the Gunung Agung Bookstore which went bankrupt in Might 2023.

One among his attention-grabbing tales is when he skilled extraordinary internal turmoil when he was very wealthy. This story makes us must rewind time to the Seventies.


At the moment, Masagung was already 50 years previous and experiencing a type of disaster of consciousness. A brilliant snug life, numerous cash and a revered place, apparently made Masagung afraid.

Within the Seventies, write a guide What and Who? (2004), was certainly the height of Toko Gunung Agung’s glory. The corporate has change into a middle for purchasing and promoting books in Indonesia.

Even, Gunung Agung is not restricted to publishing and promoting books, however has additionally began taking part in within the tourism, hospitality and cash change sectors. Because of all that, Masagung turned a billionaire.

He was reluctant to disclose the quantity of his wealth. Nevertheless, the quantity of tax he needed to pay as a gaggle reached IDR 200 million. For customs duties amounting to IDR 2 billion. “Doesn’t embody revenue tax from greater than 2,000 workers,” wrote the guide’s creator What and Who? (2004) when asking about Masagung’s wealth.

As instructed by Denys Lombard in Nusa Java Cross Tradition (2009), with these situations, Masagung is definitely very uncomfortable. He’s afraid that the glory and wealth he’ll acquire will truly change into boomerang for himself.

The purpose is, he does not need all of that to make him fall into the world of immorality. Fortunately, within the midst of his nervousness, he by accident met Mrs. Tien Fuad Muntaco.

Denys Lombard known as Tien Fuad Muntaco an skilled in hypnotism and telepathy. He’s a type of ‘sensible individual’ as a result of he claims to have the ability to see Sunan Kalijaga on the age of 19.

“After that assembly, he fell below Mrs. Tien’s non secular affect and determined to transform from Hinduism to Islam,” wrote Denys.

The robust affect of Tien Fuad Muntaco was apparently capable of change Masagung’s life drastically. Leo Suryadinata in Southeast Asian Personalities of Chinese language Descent (2012) stated he turned extra Islamic and have become a determine in spreading Islamic teachings.

It’s recorded that he based the Jalan Terang Basis. This goals to finance the development of the Wali Songo mosque, hospital and museum.

Not solely that, he additionally actively performs a job in preaching mosques within the capital. And do not forget, he actively promotes Islam by publishing Islamic books.

“After experiencing a stressed youth, Masagung’s actions to embrace Javanese traditions and his ardour for mysticism are steps ahead,” praised Denys Lombard to Masagung.

Efforts to unfold Islamic teachings proceed to be made. He breathed his final on September 24, 1990.

[Gambas:Video CNBC]

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