50 Richest People in Indonesia 2023

Holiday Ayo - According to Forbes Forbes released its list of Indonesia's richest people 2023. Based on the latest Forbes list, the Hartono brothers, Robert Budi Hartono and Michael Bambang Hartono remained in first place, although their collective wealth grew slightly to US$48 billion or around IDR 745 trillion.
Meanwhile, the most striking jump occurred in Prajogo Pangestu, which recorded the largest gain this year, both in dollars and percentage terms.
Prajogo himself experienced an increase in wealth of more than eight times, to US$43.7 billion from US$5.1 billion last year, or currently has total wealth of around IDR 678 trillion.
This made him climb five places to second place for the first time. Meanwhile, the petrochemical and energy king has made huge profits by listing his two companies, geothermal energy producer, Barito Renewables Energy and coal miner, Petrindo Jaya Kreasi.
As a result of being overtaken by Pangestu, mining conglomerate Low Tuck Kwong is now in third position. However, he has doubled his wealth to US$27.2 billion or around IDR 422 trillion as his Bayan Resources, Indonesia's third largest coal producer, benefited from increased sales.
On the other hand, with Indonesia's ambition to build an electric vehicle supply chain, Lim Hariyanto Wijaya Sarwono conducted an IPO of mining company Trimegah Bangun Persada or Harita Nickel.
His wealth jumped more than fourfold to US$4.8 billion or around IDR74.5 trillion, rising 27 places to 9th position.
Forbes revealed that even though Indonesia was experiencing the impact of a slowdown in exports, the benchmark index decreased by 1.5% after the last decline.
However, a number of new listings, mainly from energy and mining companies, generated large profits. Stock listing profits then pushed four new entrants onto the list.
As a result of the IPO of the copper and gold mining company Amman Mineral International, which is the largest IPO in Indonesia throughout 2023, it produced three newcomers, namely the main shareholder.
They are president commissioner and former investment banker Agoes Projosasmito, main director Alexander Ramlie, and oil and gas tycoon Hilmi Panigoro.
Then, Cinema XXI, which listed its shares on the stock exchange, made one of the founders, Benny Suherman, a billionaire.
Two of the founders have also passed away, namely the founder of the pharmaceutical company Kalbe Farma, Boenjamin Setiawan and the founder of the packaging paper manufacturer Fajar Surya Wisesa, who have been replaced by their heirs on this list.
There are three people who are also back on this list, including the one who controls and runs Ace Hardware Indonesia, the retail network licensee from the United States, Kuncoro Wibowo.
It is also known that seven people resigned, including banker Jerry Ng, because they were affected by the fall in Bank Jago shares due to easing investor sentiment towards digital banks.
As for this list, the minimum net worth to qualify is US$940 million or around IDR 14.5 trillion, up from US$885 million in 2022.
List of the 50 Richest People in Indonesia according to Forbes
1. R. Budi & Michael Hartono - US$48 Billion
2. Prajogo Pangestu - US$43.7 Billion
3. Low Tuck Kwong - US$27.2 Billion
4. Widjaja Family - US$10.8 Billion
5. Anthoni Salim & family - US$10.3 Billion
6. Sri Prakash Lohia - US$8.5 Billion
7. Chairul Tanjung - US$5.7 Billion
8. Agoes Projosasmito - US$5.4 Billion
9. Lim Hariyanto Wijaya Sarwono - US$4.8 Billion
10. Dewi Kam - US$4.45 Billion
11. Jogi Hendra Atmadja & family - US$4.4 Billion
12. Djoko Susanto - US$4.35 Billion
13. Setiawan Family - US$4.3 Billion
14. Tahir & family - US$4.2 Billion
15. Bachtiar Karim & family - US$3.9 Billion
16. Susilo Wonowidjojo & family - US$3.6 Billion
17. Garibaldi Thohir & family - US$3.3 Billion
18. Martua Sitorus - US$3.25 Billion
19. Theodore Rachmat - US$3.2 Billion
20. Sukanto Tanoto - US$3.15 Billion
21. Wijono & Hermanto Tanoko & family - US$3.05 Billion
22. Hilmi Panigoro & family - US$2.8 Billion
23. Alexander Ramlie - US$2.5 Billion
24. Ciliandra Fangiono & family - US$2.35 Billion
25. Peter Sondakh - US$2.1 Billion
26. Otto Toto Sugiri - US$1.8 Billion
27. Putera Sampoerna & family - US$1.75 Billion
28. Ciputra Family - US$1.7 Billion
29. Bambang Sutantio - US$1.65 Billion
30. Hamami Family - US$1.6 Billion
31. Jenny Quantero & Engki Wibowo- US$1.5 Billion
32. Manoj Punjabi - US$1.45 Billion
33. Kiki Barki - US$1.41 Billion
34. Mochtar Riady & family - US$1.4 Billion
35. Soegiarto Adikoesoemo - US$1.35 Billion
36. Arini Subianto & family - US$1.34 Billion
37. Murdaya Poo - US$1.3 Billion
38. Eddy Sugianto - US$1.25 Billion
39. Edwin Soeryadjaya & family - US$1.24 Billion
40. Haryanto Tjiptodihardjo - US$1.2 Billion
41. Sjamsul Nursalim - US$1.17 Billion
42. Husain Djojonegoro & family - US$1.15 Billion
43. Benny Suherman - US$1.1 Billion
44. Irwan Hidayat & family - US$1.08 Billion
45. Kuncoro Wibowo & family - US$1.05 Billion
46. Eddy Katuari & family - US$1.03 Billion
47. Marina Budiman - US$1.01 Billion
48. Sulistyo Family - US$1 Billion
49. Husodo Angkosubroto & family - US$960 Million 50. Sabana Prawirawidjaja & family - US$940 Million.








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