List of Indonesia’s richest people, top Hartono brothers, Dewi Kam ranked 10th

Bisnis.comJAKARTA – The wealth of Indonesian conglomerates often fluctuates, which also affects the ranking of the list of Indonesia’s richest people. Most recently, the name Dewi Kam was on the list of the 10 richest people in Indonesia and was the only woman to complete the list.

According to anti-corruption.org, “Who is behind the power plant?” Dewi Kam is the owner of PT Sumbergas Sakti Prima with 91 percent share control.

In PT Sumber Segara Primadaya’s ownership structure, as Commissioner, he owns 99.5 percent of PT Sumberga’s Sakti Prima, while Richard Jasin controls only the remaining 0.05 percent.

Dewi Kam and Richard Jasin are also owners of PT Sumbergas Sakti Prima, which owns 91 percent of PT Sumber Energi Sakti Prima. Meanwhile, Race Course Investments Ltd. 9 percent stake of PT Sumber Energi Sakti Prima.

According to a report by Indonesia Corruption Watch, he also controls PT Sumber Segara Primadaya (S2P), the developer of the Cilacap PLTU project, through PT Sumber Energi Sakti Prima.

Along with Mohamad Abdullah Jasin, Dewi Kam is affiliated with two companies based in the British Virgin Islands and Samoa.

Dewi is listed as a shareholder of Birken Universal Corporation and a director of Savill Universal Ltd based in the British Virgin Islands and a shareholder of Overseas Finance Ltd based in Samoa

In addition, Dewi Kam is also known as a nominee director of Execorp Limited, as well as a nominee shareholder of Portcullis Nominees (BV) Limited and Sharecorp Limited.

When Indonesia and China signed an energy project contract worth US$3.56 trillion or Rs.52,769 trillion in 2006, he was present at the signing ceremony.

The project he manages is the coal-based chemical plant in Balocci, Pangkep, South Sulawesi which is valued at US$687 million or the equivalent of Rs.10.1 trillion.

According to Forbes on Tuesday (4/26/2023), Dewi Kam received most of her wealth from a minority stake in a coal mining company Bayan Resources in Indonesia.

Unsurprisingly, his fortune has risen, as have coal producer Bayan Resources’ revenues and profits.

Accordingly Real Time Billionaires Forbes On Saturday (08/07/2023) the Hartono brothers were consistently at the top of the richest people in Indonesia and replaced Low Tuck Kwonghead of coal emitter PT Bayan Resources Tbk. (BYAN), which previously ranked first in early 2023.

At this point, Robert Budi Hartono The wealth, which became the number one in Indonesia, has risen to US$26.1 billion or IDR 395.7 trillion.

Meanwhile the brother Michael Hartono Whoever ranks second has a fortune of US$24.9 billion or IDR 377.5 trillion

Interestingly, Harita Lim Group boss Hariyanto Wijaya Sarwono, who used to be eighth, can now overtake Djoko Susanto, the owner of the Alfamidi network.

Lim’s wealth also increased by US$172 million, up 4.13 percent, at IDR65.1 trillion, bringing his total wealth to US$4.3 billion, or around IDR65.1 trillion.

Below is a list of the 10 richest people in Indonesia (as of July 8, 2023).

1. Robert Budi Hartono

As the owner of Bank Central Asia (BCA) and the other Djarum Group, Robert’s fortune is worth US$26.1 billion or Rs.395.7 trillion.

His fortune fell slightly compared to the previous June 6, which was US$26.5 billion or Rs.401.7 trillion.

2. Michael Hartono

Second place goes to Michael Hartono, who runs a similar company with Robert. Just like his brother, Michael Hartono’s total wealth fell slightly from US$25 billion or around Rs.379 trillion to now US$24.9 billion or Rs.377.5 trillion.

3.Low Tuck Kwong

The position of chief of coal emitter PT Bayan Resources Tbk. (BY ONE) Low Tuck Kwong Coal fell to third place due to fluctuating coal prices throughout the year. His fortune reaches US$22.8 billion or Rs.345.6 trillion

4. Sri Prakash Lohia

Sri Prakash Lohia is the largest textile and petrochemical entrepreneur in Indonesia. This Indian-born man is worth around US$7.1 billion or IDR 107.6 trillion.

5. Prayogo Pangestu

As the founder and owner of Barito Group, a company active in the petrochemical, geothermal and real estate sectors. Prajogo has a net worth of around US$5.9 billion or Rs89.4 trillion.

6. Chairman Tanjung

The figure of the owner of the CT Group, with businesses ranging from banking to retail networks to television broadcasters, continues to assert its position.

His wealth has consistently ranked sixth among the richest people, reaching $5 billion or IDR 75.8 trillion

7. Tahir and family

As the founder of Mayapada Group, Tahir has a total fortune of around US$4.8 billion, or around Rs.72.7 trillion, which comes from various fields such as banking, healthcare and real estate.

8th. Lim Hariyanto Wijaya Sarwono

Lim’s own financial situation often shifts several times in mid-2023. That’s because a month ago he was still in ninth place.

Accordingly forbes, Now Lim and his family have overtaken Djoko Susanto with a fortune of US$4.3 billion or Rs.65.1 trillion.

His son Lim Gunawan is director and CEO of Bumitama Agri. In addition, the Harita Group, owned by the Lim Hariyanto family, is also engaged in the bauxite mining sector through PT Cita Mineral Investindo and nickel mining through PT Trimegah Bangun Persada Tbk. (NCKL).

9. Djoko Susanto

After his position was overtaken, Djoko was in 9th place. As an Alfamart retail store owner, he has assets of around US$4.1 billion or Rs.62.1 trillion, his net worth is slightly less than the original US$4.2 billion or Rs.63.6 trillion.

Recently, the issuer that manages its Alfamidi, PT Midi Utama Indonesia Tbk (MIDI), has targeted opening 700 new stores in 2023, 500 of which are additional Lawson stores. Lawson’s aggressive expansion is a follow-up strategy that has been implemented since Semester II/2022

MIDI itself awards capital expenditures or investments IDR 1.6 trillion in 2023. Around IDR 1 trillion will be used directly by MIDI for the addition of Alfamidi stores, with a target of 200 new stores this year.

10. Goddess Kam

Finally, there is the name of Dewi Kam, who is the only woman to be included in the ranks of the 10 richest people in Indonesia.

Accordingly forbes, Dewi Kam derives most of her fortune from a minority stake in coal mining company Bayan Resources in Indonesia. His fortune is currently US$3.7 billion or Rs.56 trillion.

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