Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

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Nabilah Muhamad 11/07/2025 14:04 WIB

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Indonesia's 10 Richest People According to Forbes Real-Time Billionaires (July 11, 2025)

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Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

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Indonesia's 10 Richest People According to Forbes Real-Time Billionaires (July 11, 2025)

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Prajogo Pangestu once again ranks as the richest person in Indonesia. According to Forbes' Real Time Billionaires data, as of Friday (11/7/2025) this petrochemical tycoon has a wealth of US$27.4 billion or around Rp444.29 trillion (assuming Rp16,215 per US$).

His wealth was recorded to have increased by 3.20% or US$860 billion, placing him 71st among the richest people in the world. Previously, Prajogo was the richest person in the country, but was overtaken by Low Tuck Kwong last May.

Prajogo's wealth soared after his company, PT Chandra Daya Investasi Tbk (CDIA), listed on the stock exchange on Wednesday (9/7/2025).

On its debut, CDIA shares opened through the upper limit (ARA), jumping 34.74% to Rp256 per share. CDIA also still touched the ARA limit at the opening of trading on Friday (11/7/2025), with the last position being at Rp400 per share.

Then Low Tuck Kwong fell to the second richest person in Indonesia, with a wealth of US$26.9 billion or equivalent to Rp436.18 billion.

The following is a list of the richest people in Indonesia, according to Forbes' Real Time Billionaires as of July 11, 2025:

Prajogo Pangestu: US$27.4 billion
Low Tuck Kwong: US$26.9 billion
R, Budi Hartono: US$21.8 billion
Michael Hartono: US$20.9 billion
Sri Prakash Lohia: US$8.5 billion
Otto Toto Sugiri: US$6.8 billion
Agoes Projosasmito: US$6 billion
Tahir and family: US$6 billion
Marina Budiman: US$4.8 billion
Dewi Kam: US$4.7 billion.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

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Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

Thanks to CDIA's IPO, Prajogo Pangestu Becomes Indonesia's Richest Person Again in July 2025

Tags

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Despite Weakening, IDX Composite Remains at the 8,600 Level (Friday, December 5, 2025)

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