Indonesian Tycoons Dominate World’s Richest List
Energy and investments propel fortunes on Forbes Realtime ranking.
Several Indonesian citizens have achieved prominent positions on the Forbes Realtime list of the world’s wealthiest individuals, showcasing the nation’s growing economic influence. These individuals’ fortunes are closely tied to their holdings in energy, tobacco, and various investments.
Top Rankings and Key Players
Currently, the wealthiest Indonesian is Low Tuck Kwong, owner of the energy company PT Bayan Resources Tbk (BYAN). His net worth is approximately US $27.31 billion, equivalent to Rp443.72 trillion. The value of Kwong’s assets is closely linked to the performance of BYAN shares.
Prajogo Pangestu holds the second position with a fortune of US $25 billion. His wealth has seen a considerable increase recently, boosted by the performance of PT Petrindo Jaya Kreasi Tbk (CUAN) stock since its IPO on the Indonesia Stock Exchange.
The Hartono Brothers
**R. Budi Hartono** and **Michael “Bambang” Hartono**, brothers, occupy the third and fourth positions, respectively. **R. Budi Hartono’s** assets total US $21.9 billion, while **Michael Hartono** possesses US $21.1 billion. The majority of their wealth stems from investments in Bank Central Asia; their family also has deep roots in the kretek cigarette industry.
Other Notable Figures
Following the **Hartono** brothers is **Sri Prakash Lohia**, a textile industry conglomerate, with assets valued at US $8.5 billion. The remaining individuals in the top 10 richest Indonesians include:
- Otto Toto Sugiri – US $6.8 billion
- Tahir and family – US $6 billion
- Agoes Projosasmito – US $5.9 billion
- Marina Budiman – US $4.8 billion
- Dewi Kam – US $4.8 billion
Global Wealth Context
As of July 2025, the richest person in the world is Bernard Arnault & family, with a net worth of $241.2 billion. His fortune, which includes holdings in LVMH, demonstrates that wealth accumulation continues across diverse industries and regions (Forbes Real-Time Billionaires 2025).