Indonesia's Richest 2024: Total Wealth Rises to $263 Billion Amid Economic Growth
Despite concerns about weakening middle-class purchasing power, resource-rich Indonesia aims for 8% economic growth under President Joko Widodo. The country's main stock index has risen 3% since the last measurement, and the total wealth of Indonesia's richest list in 2024 increased to $263 billion, up from $252 billion in 2023. Importantly, this year marks the first time the minimum asset requirement to be included on the list exceeded $1 billion, up from $940 million last year.
1st Place: R. Budi Hartono & Michael Hartono - $50.3 BillionBrothers R. Budi Hartono and Michael Hartono have held the top spot for over a decade, with their wealth increasing by $2.3 billion to $50.3 billion. Their fortune growth is attributed to the rise in Bank Central Asia (BCA) shares, which recorded outstanding loan growth through September. The brothers also own Djarum, a renowned cigarette company, which has amassed significant wealth. Djarum is one of Indonesia's largest tobacco companies and enjoys a strong reputation both domestically and internationally. BCA is Indonesia's largest bank and holds the top market capitalization, wielding considerable influence in the financial sector.
*Lee Jae-yong, Chairman of Samsung Electronics - $11.5 Billion
2nd Place: Prajogo Pangestu - $32.5 BillionPrajogo Pangestu, a giant in the petrochemical and energy sector, saw his wealth decrease by 25% but still secured second place with $32.5 billion. The decline is attributed to the valuation adjustment of his geothermal energy company Barito Renewables Energy, which was affected by stock volatility. He plays a crucial role in the petrochemical and energy sectors, leading large-scale projects that contribute significantly to Indonesia's economy.
3rd Place: Low Tuck Kwong - $27 BillionCoal tycoon Low Tuck Kwong, founder of Bayan Resources, saw his wealth remain stable and secured third place with $27 billion. Despite a 10% decline in revenue due to falling coal prices, Bayan Resources is pursuing numerous new projects. Low Tuck Kwong is a leading figure in Indonesia's coal and energy sectors.
4. Sukanto Tanoto
Position: Founder and Chairman of Royal Golden Eagle (RGE), a global manufacturing group based on resources
Wealth: $20 Billion (approximately Rp313 trillion)
5. Anthoni Salim
Position: Owner of Salim Group, operates major food companies such as Indofood and Bogasari
Wealth: $14.2 Billion (approximately Rp222 trillion)
6. Sri Prakash Lohia
Position: Chairman of Indorama Corporation, a company in the fiber and petrochemical sectors
Wealth: $9.09 Billion (approximately Rp142 trillion)
Notable ReturneesHary Tanoesoedibjo returned to the list thanks to the rise in shares of MNC Digital Entertainment and MNC Land. MNC Land is set to open Trump International Golf Club Lido in West Java. Hary Tanoesoedibjo is a media and real estate tycoon with business ties to US President-elect Donald Trump.
Another returnee is Han Arming Hanafia, co-founder of DCI Indonesia. DCI Indonesia is the largest data center operator in Indonesia, and its shares rose by 30%, propelling him back into the rankings.
Largest Wealth IncreaseThe Widjaja family experienced the highest wealth growth rate this year, with their assets increasing by 75% to $18.9 billion. Shares of Dian Swastatika Sentosa, which leads their energy and infrastructure businesses, surged more than sevenfold. The company is diversifying into geothermal energy and data centers.
New FacesLim Chai Hock, COO of Bayan Resources, is a newcomer to the list this year. The Malaysian national also holds board positions in several subsidiaries of the company. His entry reflects ongoing projects in Indonesia's coal and energy sectors.
Daftar orang terkaya di Indonesia masih didominasi oleh para raksasa di sektor sumber daya, energi, dan perbankan, tetapi kita melihat pertumbuhan pesat dari para pemain di sektor teknologi dan media.
**Data center perusahaan keluarga Widjaja adalah DCI Indonesia. Perusahaan ini merupakan operator data center terbesar di Indonesia dan memimpin dalam hal pangsa pasar.
Apa itu DCI Indonesia? DCI Indonesia menyediakan layanan data center dan komputasi awan, bertanggung jawab atas infrastruktur TI utama di Indonesia. Perusahaan ini menyediakan sistem yang aman dan efisien untuk transmisi dan penyimpanan data di seluruh dunia dan memainkan peran penting dalam ekonomi Indonesia yang terdigitalisasi dengan cepat.
Keluarga Widjaja adalah konglomerat yang erat kaitannya dengan Sinar Mas Group di Indonesia, aktif di berbagai sektor termasuk DCI Indonesia. DCI Indonesia menyediakan berbagai solusi infrastruktur TI seperti layanan cloud, manajemen data, dan layanan keamanan, mendukung transformasi digital di Indonesia.
Baru-baru ini, perusahaan ini menguatkan kerja sama dengan perusahaan IT global dan memperluas data center, mencatatkan pertumbuhan yang signifikan di pasar data center dan layanan cloud yang berkembang pesat.
Ketua Samsung Electronics Lee Jae-yong
saat ini memiliki aset senilai $11.5 miliar
. Jumlah ini jauh lebih kecil dibandingkan dengan orang terkaya di Indonesia. Sebagai contoh, saudara kandung R. Budi Hartono
dan Michael Hartono
memiliki aset sebesar $50.3 miliar, sementara Prajogo Pangestu
memiliki aset sebesar $32.5 miliar. Aset yang dimiliki Ketua Lee Jae-yong lebih kecil dibandingkan dengan Low Tuck Kwong
( $27 miliar) atau Prajogo Pangestu, hal ini disebabkan karena sebagian besar asetnya berasal dari saham Samsung Electronics, meskipun perusahaan tersebut memiliki pengaruh global.
Di sisi lain, banyak orang terkaya di Indonesia mendiversifikasi portofolio mereka ke berbagai industri seperti sumber daya alam(minyak bumi, batubara, dll.), energi, dan keuangan, yang memungkinkan mereka untuk mengumpulkan aset yang besar. Sebagai contoh, keluarga Widjaja juga telah berkembang di sektor TI dan data center melalui DCI Indonesia. Melalui Sinar Mas Group, mereka telah mengumpulkan aset yang signifikan di berbagai industri.
Oleh karena itu, ketika membandingkan konglomerat Korea seperti Ketua Lee Jae-yong dengan konglomerat Indonesia, penting untuk mempertimbangkan tidak hanya ukuran aset tetapi juga industri tempat mereka beroperasi. Konglomerat Korea cenderung fokus pada sektor teknologi dan elektronik, sementara konglomerat Indonesia telah membangun posisi yang kuat di sektor sumber daya alam dan energi.
