April 28, 2009

The Richest Indonesian

Richest Indonesian (Globe Asia- 2008) and
Indonesia's 40 Richest (Forbes Asia -2008) List:
Rank Name Net worth (US$) Age
1 Aburizal Bakrie & family 9.2 Billion 61
2 Robert Budi Hartono & family 6.8 Billion 67
3 Eka Tjipta Widjaja & family 3.8 Billion 85
4 Sudono Salim & family 3.04 Billion 93
5 Putra Sampoerna & family 2.42 Billion 60
6 Rachman Halim & family 2 Billion 61
7 Sukanto Tanoto & family 1.43 Billion 58
8 Eddie William Katuari 1.21 Billion 57
9 Prajogo Pangestu 1.2 Billion 57
10 Murdaya poo & family 1.1 Biliion 67
11 Hary taniesoedibjo & family 1.1 Billion 43
12 Martua Sitorus 1.1 Billion 48
13 Arifin & Hilmi Panigoro 1.05 Billion 63/53
14 Hashim Djojohadikusumo 1.05 Billion 54
15 Peter Sondakh 1 Billion 56


The Richest
Aburizal Bakrie is the richest Indonesian with a total net worth of $9.2 billion, an eight-fold increase from last year. He also rose seven places up the list. The 2007 richest Indonesian, cigarette king Budi Hartono from the Djarum Group, saw his net worth rise significantly by $2.6 billion but he could not match the Bakrie family for their sheer financial genius in capitalizing on the massive amounts of liquidity in the global markets to bulk up and re-engineer their shareholdings. (Globe Asia, 2008)

Indonesia's 40 Richest (Forbes Asia)
Fortunes in Indonesia have collapsed with the global economy, pushed down by a dismal stock market, off 54% since last year; plunging commodity prices; and a weak rupiah, which lost nearly a quarter of its value in the past year.

The central bank established more stringent currency controls in November to limit speculation after the rupiah hit a decade low. No surprise then that the nation's 40 Richest and their families are now worth a total of $21 billion, down from $40 billion. Fourteen have lost more than half of their fortunes, including former billionaires Aburizal Bakrie and Eka Tjipta Widjaja.

RankNameNet Worth ($mil)Age
1 Sukanto Tanoto 2,000 58
2 R. Budi Hartono 1,720 67
3 Michael Hartono 1,680 69
4 Putera Sampoerna 1,500 60
5 Martua Sitorus 1,300 48
6 Peter Sondakh 1,050 56
7 Eddy William Katuari 1,040 57
8 Eka Tjipta Widjaja 950 85
9 Aburizal Bakrie 850 62
10 Murdaya Poo 825 67
11 Anthoni Salim 690 59
12 Wonowidjojo family 640 NA
13 Chairul Tanjung 625 46
14 Trihatma Haliman 470 56
15 Arifin Panigoro 430 63
16 Sjamsul Nursalim 425 67
17 Mochtar Riady 420 79
18 Harjo Sutanto 340 82
19 Husein Djojonegoro 300 59
20 Soegiharto Sosrodjojo 275 78

Source : Forbes Asia(12.10.08)

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