Jakarta – The position of the richest person in Indonesia has changed again. According to the Bloomberg Billionaires Index, owner of PT Bayan Resources Tbk (BYAN) Low Tuck Kwong is ranked first on the list of Indonesia’s richest people. The coal entrepreneur replaced the position of owner of Djarum Group Boss Budi Hartono. Judging by … Read more
Jakarta – Coal tycoon Low Tuck Kwong is no longer the richest man in Indonesia. His position has now been taken over by the Hartono brothers, namely Robert Budi Hartono and Michael Hartono. The change in position follows the shrinking of Low Tuck Kwong’s assets. Quoting from Forbes, Saturday (3/6/2023) his assets decreased from US$ … Read more
Jakarta – Forbes Real Time Billionaire released a list of the richest people in Indonesia, as of 30 May 2023 Robert Budi Hartono entered first place. Low Tuck Kwong’s position no longer remains in first place. Initially Low Tuck Kwong occupied the first position with his wealth which reached 27.6 billion USD. However, this position … Read more
Jakarta, CNBC Indonesia – Bayan Resources (BYAN), owned by tycoon Low Tuck Kwong, is now the second most valuable public company in Indonesia. This position was achieved by toppling Indonesia’s largest BUMN, Bank Rakyat Indonesia (BBRI). As trading opened on Tuesday morning (27/12), BYAN shares opened and became the backbone of the strengthening Jakarta Composite … Read more
Jakarta, CNBC Indonesia – Conglomerate Low Tuck Kwong has again increased its stake in coal company PT Bayan Resources Tbk (BYAN). He, as the controlling shareholder, is the second richest person in Indonesia, after the Haryono brothers. Citing the Indonesia Stock Exchange (IDX) disclosure, Dato’ Dr. Low Tuck Kwong added to his BYAN stock collection … Read more
Jakarta, CNNI Indonesia — Forbes published the latest list of the 50 richest people in Indonesia 2022. In the list the names Hartono Brothers still perched in the number one position as super rich person in Indonesia. Quoting Forbes, on Friday (9/12), Budi and Michael Hartono’s total wealth is recorded at US$47.7 billion or IDR … Read more
Jakarta, CNN Indonesia — Three conglomerates managed to enter the list of 10 richest people in the Indonesian version Forbes. The three that is Bass Tuck Kwong, Djoko Susantoas well as Tahir and family. The name Low Tuck Kwong ranks second as the richest person in Indonesia. Previously, he was ranked 18th in training crazy … Read more