Low Tuck Kwong: Indonesia’s Richest Person Overtakes Hartono Brothers

Low Tuck Kwong: Indonesia’s Richest Person Overtakes Hartono Brothers

Low Tuck Kwong. Overtaking the Hartono brothers, Low Tuck Kwong is now ranked first as the richest person in Indonesia. Low is the founder of PT Bayan Resources Tbk, a coal mining company in Indonesia. Currently he has assets of US $ 26.1 billion or Rp. 397.8 trillion (exchange rate of Rp. 15,243), which makes … Read more

Robert and Michael Hartono Overtake Low Tuck Kwong as Richest Men in Indonesia

Robert and Michael Hartono Overtake Low Tuck Kwong as Richest Men in Indonesia

Jakarta – Coal tycoon Low Tuck Kwong is no longer the richest man in Indonesia. His position has now been taken over by the Hartono brothers, namely Robert Budi Hartono and Michael Hartono. The change in position follows the shrinking of Low Tuck Kwong’s assets. Quoting from Forbes, Saturday (3/6/2023) his assets decreased from US$ … Read more

Forbes Real Time Billionaire: Top 10 Richest People in Indonesia 2023

Forbes Real Time Billionaire: Top 10 Richest People in Indonesia 2023

Jakarta – Forbes Real Time Billionaire released a list of the richest people in Indonesia, as of 30 May 2023 Robert Budi Hartono entered first place. Low Tuck Kwong’s position no longer remains in first place. Initially Low Tuck Kwong occupied the first position with his wealth which reached 27.6 billion USD. However, this position … Read more

“Indonesia’s Metro Pacific Investments Invests US$427M in Solar Energy Company SP New Energy”

“Indonesia’s Metro Pacific Investments Invests US7M in Solar Energy Company SP New Energy”

Jakarta – Metro Pacific Investments will invest 23.8 billion pesos or US$ 427 million, or IDR 6.27 trillion (exchange rate of IDR 14,700/US$ 1) in a solar energy company, SP New Energy. Metro Pacific Investments is a business unit owned by one of the richest people in Indonesia, Anthoni Salim in the Philippines. Quoted from … Read more

These entrepreneurs are no longer on the list of Indonesia’s 10 richest people

These entrepreneurs are no longer on the list of Indonesia’s 10 richest people

Jakarta – Recently, Forbes released a list of Indonesia’s richest people in 2022. In the latter list, several businessmen’s names were knocked out of the top 10 positions. Collectively, the value of the wealth of the Indonesian conglomerates on the latter list has increased to US$180 billion or the equivalent of Rp2.808 trillion. Ratings have … Read more