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“Top 10 Richest Conglomerates in Indonesia – Forbes Real Time Billionaire List”


Khoirul AnamCNBC Indonesia

Market

Sunday, 07/05/2023 21:45 WIB




Photo: Low Tuck Kwong at the 2022 CNBC Indonesia Award. (CNBC Indonesia/Tri Susilo)


Jakarta, CNBC Indonesia The ranks of Indonesian conglomerates, especially in the top 10, are interesting to pay attention to. In first place, coal magnate Low Tuck Kwong is the richest conglomerate in Indonesia.

He posted a wealth of US $ 29 billion or Rp. 429.01 trillion. Low Tuck Kwong made his fortune through his company PT Bayan Resources Tbk (BYAN).

This achievement shifted the wealth of the Hartono brothers, who were in second and third place, with the accumulated wealth of the two reaching US$521 billion or IDR 7.7 quadrillion.


If separated, Budi Hartono has a wealth of US $ 26.6 or IDR 393.5 trillion and Michael Hartono has assets of US $ 25.5 or IDR 377.1 trillion. In fact, both of them were known as the richest conglomerate in RI in recent years before being shifted by Low Tuck Kwong.

The new face to enter the list is Lim Hariyanto Wijaya Sarwono. The oldest tycoon, who is 94 years old, has experienced a rapid increase in wealth after one of his companies in the Harita Group, PT Trimegah Bangun Persada (NCKL) officially listed itself on the Indonesian stock exchange.

Lim posted a wealth of US $ 6.3 billion or IDR 93.1 trillion. This figure has increased more than 6 times where in 2022 he only has a wealth of US $ 1.1 billion, equivalent to Rp. 16.2 trillion.

Another newcomer is in eighth place, is Dewi Kam with a wealth of US $ 4.7 billion or Rp. 69.5 trillion. He is an Indonesian businessman who has business activities in Hong Kong and China. Meanwhile, what caused Dewi Kam to be hit by a windfall was when she owned shares in PT Bayan Resources.

Dewi Kam is a minority shareholder of 10% in the coal company. On this basis, his wealth has increased by almost 100% as the value of Bayan Resources shares triples in 2022.

The following is a list of the 10 richest in Indonesia, quoted from Forbes Real Time Billionaire.

1. Low Tuck Kwong – US$29.0 billion (Rp429.01 trillion)

2. R. Budi Hartono – US$26.6 billion (Rp393.3 trillion)

3. Michael Hartono US$25.5 billion (Rp377.09 trillion)

4. Sri Prakash Lohia – US$ 7.4 billion (Rp 109.43 trillion)

5. Lim Hariyanto Wijaya Sarwono – US$6.3 billion (Rp93.18 trillion)

6. Prajogo Pangestu – US$ 5.9 billion (Rp. 87.26 trillion)

7. Chairul Tanjung – US$4.9 billion (Rp72.47 trillion)

8. Dewi Kam – US$4.7 billion (Rp69.51 trillion)

9. Tahir and Family – US$4.3 billion (Rp.63.61 trillion)

10. Djoko Susanto – US$4.3 billion (Rp63.61 trillion)



Watch the video below:

ARTO drops 85%, Jerry Ng is kicked out of the list of RI’s richest people


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2023-05-07 14:45:00
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