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Indonesian Billionaire Co-Owner of Italian Soccer Club Como Dies at 86

Thursday, March 19, 2026 at 10:05 AM

Michael Bambang Hartono, the Indonesian tobacco magnate who co-owned Italian soccer team Como, has passed away at age 86. The billionaire and his brother transformed the struggling fourth-division club into a Serie A contender now competing for Champions League qualification.

An Indonesian tobacco magnate who helped transform an Italian soccer club from obscurity to elite competition has passed away at the age of 86.

Michael Bambang Hartono, the billionaire co-owner of Como football club, died recently, though officials have not revealed the specific cause of his death. The businessman had previously disclosed his battles with chronic obstructive pulmonary disease and had survived a heart attack.

The Italian soccer team expressed its grief in an official statement on Thursday, saying it was heartbroken by Hartono’s passing. The timing comes as Como, under coach Cesc Fabregas, approaches a potential breakthrough qualification for Europe’s premier soccer competition.

“Como 1907 is deeply saddened by the passing of Michael Bambang Hartono,” the organization announced. “We extend our sincere condolences to the Hartono family and to all at the Djarum Group.”

The club added: “Under the family’s leadership, the club has entered a new chapter in its history, and we remember him with gratitude and respect.”

Michael Bambang Hartono, along with his brother Roberto Budi Hartono, acquired ownership of Como in 2019 when the team was competing in Italy’s fourth tier of professional soccer.

The remarkable turnaround under their stewardship culminated in Como’s promotion back to Serie A in 2024, marking their first appearance in Italy’s top flight in more than twenty years. Currently, the team occupies fourth position in the league standings, placing them ahead of traditional powerhouses like Juventus and Roma in the race for Champions League spots.

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