Indonesia's Richest People 2009-2014

According to a Capgemini release in conjunction with RBC Wealth Management, the assets of high-net-worth individuals (HNWIs) in Indonesia consistently increased throughout 2009-2014. According to Desi Armadiani, Secretary General of the Certified Wealth Managers Association (CWMA), Indonesia's relatively high economic growth during the 2009-2014 period, averaging 5.9 percent, fueled the rise in assets held by the country's wealthiest individuals.

HNWIs are individuals with investments valued at US$1 million or more, excluding their primary residence, consumer goods, and collectibles. The total wealth of Indonesia's high-net-worth individuals reached US$157 billion in 2014, a 95 percent increase from 2009, or an average annual increase of 14.5 percent. Indonesian high-net-worth individuals allocate their wealth across cash, land and buildings, fixed income, alternative investments, and equities.