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A Man Born in Indonesia Splashes Elon Musk’s Rp 122 T in Money, How come?

Jakarta

Leo Koguan, a man born in Indonesia with an American nationality, managed to get splashed by money from Elon Musk. As a result, the funds made Koguan’s assets increase to Rp 122 trillion.

The story is this. Koguan is known to be a big fan of Elon Musk who bets his wealth on Tesla. At the beginning of the COVID-19 pandemic or last March 2020, he almost went bankrupt when the equity market crashed.

At that time, Leo Koguan sold most of his stock portfolio. His shares sold include Baidu, Nvidia, China Mobile, and Nio. The proceeds from the sale of the shares were then used to buy Tesla shares, for long-term investment during the pandemic.

As a result, since March 1 last year, Tesla’s shares have skyrocketed by more than 1.440%. Leo Koguan also said that at the moment 100% of his portfolio consists of Tesla shares.

In addition, according to bank documents distributed to Forbes, as of September 24, Koguan owned 6.3 million Tesla shares and more than 1.8 million Tesla call options in cash.

Through Twitter and Linkedin, Leo Koguan confirmed that he is the third largest individual Tesla shareholder. The claim appears to be justified by a company spokesman, Martin Viecha.

Continued to next page.

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