Salip Low Tuck Kwong, Hartono Brothers Again Richest Indonesians

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Cindy Mutia Annur 09/06/2023 12:10 WIB

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According to Forbes Real-Time Billionaire, the Hartono brothers reclaimed their title as Indonesia's richest individuals as of June 9, 2023, surpassing Low Tuck Kwong who previously held the position.

Indonesia's 10 Richest According to Forbes (June 9, 2023)

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Indonesia's 10 Richest According to Forbes (June 9, 2023)

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According to Forbes Real Time Billionaire data, the Hartono brothers have reclaimed the top spot on the list of Indonesia's richest people as of June 9, 2023. Previously, they were surpassed by Low Tuck Kwong.

Robert Budi Hartono holds the top position with a net worth of US$26.6 billion, equivalent to Rp395.14 trillion (assuming an exchange rate of Rp14,855/US$). This also makes him the 55th richest person in the world.

His older brother, Michael Hartono, is in second place with a net worth of US$25.4 billion. Meanwhile, coal tycoon Low Tuck Kwong, who previously held the top spot, is now in third place with US$19.9 billion.

The wealth of the Bayan Resources coal boss had surged significantly in the middle of last year due to the soaring price of coal. However, in the last month, the share price of his company, with the stock code BYAN, has plummeted, following the weakening coal prices.

The Hartono brothers are the owners of the kretek cigarette company, PT Djarum, and controlling shareholders of BCA. From these sources of wealth, their fortune continues to grow, enabling them to overtake Low Tuck Kwong.

Below Low Tuck Kwong are several other prominent Indonesian businesspeople. These include Sri Prakash Lohia, Prajogo Pangestu, Chairul Tanjung, Tahir & Family, Djoko Susanto, Lim Hariyanto Wijaya Sarwono, and Dewi Kam.

The following is a list of the 10 richest people in Indonesia as of June 9, 2023, according to Forbes Real Time Billionaire:

1. Budi Hartono: US$26.6 billion
2. Michael Hartono: US$25.4 billion
3. Low Tuck Kwong: US$19.9 billion
4. Sri Prakash Lohia: US$7.2 billion
5. Prajogo Pangestu: US$5.3 billion
6. Chairul Tanjung: US$4.9 billion
7. Tahir & Family: US$4.4 billion
8. Lim Hariyanto Wijaya Sarwono: US$4.2 billion
9. Djoko Susanto: US$4.2 billion
10. Dewi Kam: US$3.2 billion

Editor : Adi Ahdiat

"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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Salip Low Tuck Kwong, Hartono Brothers Again Richest Indonesians

Salip Low Tuck Kwong, Hartono Brothers Again Richest Indonesians

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Salip Low Tuck Kwong, Hartono Brothers Again Richest Indonesians

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