Bloomberg, a prominent business and financial media outlet, has published its list of the wealthiest individuals in Indonesia on Sunday, December 15, 2024. The data indicates that the majority of Indonesia's richest individuals are entrepreneurs in the banking and mining sectors.
Previously, Prajogo Pangestu held the top position as the wealthiest person in Indonesia at the end of November 2024. However, in December 2024, he was surpassed by Indonesian coal entrepreneur Low Tuck Kwong. Below is the list of the wealthiest individuals in Indonesia as reported by Bloomberg in December 2024.
According to the Bloomberg Billionaires Index, there are seven Indonesian entrepreneurs who rank among the world's richest billionaires. This index serves as a dynamic measure of individual net worth and is continuously updated based on market fluctuations, economic conditions, and Bloomberg's reporting.
The net worth figures are updated daily after the close of trading in New York, United States. The list includes familiar names among Indonesian billionaires, such as Low Tuck Kwong, Prajogo Pangestu, and the Hartono brothers.
Here is the list of the wealthiest individuals in Indonesia according to Bloomberg as of December 2024.
1. Low Tuck Kwong
Status: Founder of the coal mining company PT Bayan Resources
Wealth: 28.2 billion USD, equivalent to IDR 452.115 trillion
2. Prajogo Pangestu
Status: Founder of PT Barito Pacific (a petrochemical company)
Wealth: 27.2 billion USD, or IDR 436.082 trillion
3. Budi Hartono
Status: Owner of BCA and founder of Djarum
Wealth: 23.6 billion USD, translating to IDR 378.365 trillion
4. Michael Hartono
Status: Owner of BCA and founder of Djarum
Wealth: 22 billion USD, which is IDR 352.713 trillion
5. Sukanto Tanoto
Status: Entrepreneur and founder of the Royal Golden Eagle (RGE) business group
Wealth: 20.9 billion USD, or IDR 335.078 trillion
6. Anthoni Salim
Status: Owner of Salim Group, a company involved in the food sector, including Indofood and Bogasari
Wealth: 13.7 billion USD, equivalent to IDR 219.644 trillion
7. Sri Prakash Lohia
Status: Founder of textile and petrochemical companies, namely PT Indo-Rama Synthetics and PT Indorama Corporation
Wealth: 10.1 billion USD, or IDR 161.927 trillion
(ferry@insightinnews.com)
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