Who Are the Richest Indonesians? Forbes March 2014 Rich List Released
Forbes magazine, an American business magazine, released its latest updated 'Indonesian rich list' on Tuesday (04/03), containing the names of those Indonesians that are assessed as the country's wealthiest people. Combined, the top ten of richest Indonesians hold USD $35.5 billion, which is roughly equal to one-third of Indonesia's total foreign exchange reserves at the end of February 2014, or, four percent of the country's gross domestic product (GDP) in 2013 (USD $878 billion).
As usual in recent years, the brothers Robert Budi Hartono and Michael Hartono top the ranking in Forbes' March 2014 edition. The brothers primarily acquired their wealth through activities in the banking and tobacco industries, owning large stakes in Bank Central Asia (BCA) and Djarum (a cigarette manufacturer). However, their wealth is slightly down from the November 2013 edition in which it was estimated at USD $15 billion.
Top Ten Richest Indonesians in Forbes' March 2014 Edition:
Name | Net Worth |
Source of Wealth |
Company |
Robert Budi Hartono & Michael Hartono |
USD $14.9 B | Tobacco, Banking | Bank Central Asia, Djarum |
Chairul Tanjung | USD $4.0 B | Media, Banking | Trans Corp, Bank Mega |
Sri Prakash Lohia | USD $3.5 B | Polyester | Indorama Ventures |
Peter Sondakh | USD $2.8 B | Coal, Taxi Services | Express (Rajawali Group) |
Mochtar Riady & family | USD $2.5 B | Retail, Media, Property | Lippo Group |
Sukanto Tanoto | USD $2.1 B | Forestry & Paper | RGE Group |
Bachtiar Karim | USD $2.0 B | Oleochemicals, Palm Oil | Musim Mas |
Theodore Rachmat | USD $1.9 B | Motorcycles, Coal | Triputra Group |
Tahir | USD $1.9 B | Banking, Real Estate | Mayapada Group |
Source: Forbes
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