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Thursday, December 02, 2010

Indonesia's 40 'Richest' (read: Greediest)

After browsing the list, I found   Agus Lasmono Sudwikatmono, aged 39, is the Indonesia's youngest greediest. And, the second youngest greediest is Sandiaga Uno, aged 41.

source : click here

Despite recent volcanic activity, Indonesia's star is shining bright. Its stock index has outperformed those of all other major Asian economies, up more than 50% in dollar terms so far this year. Only Mongolia's and Sri Lanka's markets did better. No surprise
then that the country's richest enjoyed big gains. Their total worth surged to $71 billion, up from $42 billion last year, hitting an all-time record.

In another first, more than half of the top 40 are billionaires, up from last year's dozen. The Hartono brothers retain the top spot for the second year in a row with a net worth of $11 billion. They inherited clove cigarette maker Djarum from their father, but these days get the bulk of their wealth from Bank Central Asia, the country's largest bank,which returned to the ranks of the Forbes Fab 50 this year.

Behind them is Susilo Wonowidjojo, the year's biggest dollar gainer, worth $8
billion, up from $2.6 billion. His family still gets the bulk of their wealth from Gudang Garam, the country's largest clove cigarette maker. Sixteen of the 21 billionaires made their fortunes in coal or palm oil.


In Pictures: Indonesia's Wealthiest

We were able to identify seven new entrants, worth a total of over $8 billion. Several, including Kiki Barki of coal miner Harum Energy, debut thanks to recent initial public offerings, of which Indonesia was one of the most ­active markets in Asia. He is one of fivecoal tycoons to make their first appearance on this top 40 list.

The richest of all newcomers is Sri Prakash Lohia, a native Indian who is now an Indonesian citizen and controls Indonesia's largestpolyester manufacturer, Indorama Synthetics. His brother Ashoke, who is based in Thailand, is also a billionaire, as is his brother-in-law Lakshmi Mittal, who is Asia's second-richest citizen but lives in London, where the Indonesian Lohia too has a home.

It was also a notable year for deal-making for Indonesia's richest. Chairul Tanjung, for instance, bought a 40% stake in Carrefour's Indonesian operations for $300 million. Peter Sondakh's Rajawali sold its stake in cement firm Semen Gresik for $1.1 billion. The Bakrie family announced a $3 billion deal with Europe's Rothschild family, in
which it traded shares in its coal outfit for a stake in London-listed Vallar.

Here is the list of Indonesia's 40 Greediest (I mean "richest") :

  1. R. Budi & Michael Hartono US$ 11 miliar
  2. Susilo Wonowidjojo US$ 8 miliar
  3. Eka Tjipta Widjaja US$ 6 miliar
  4. Martua Sitorus US$ 3,2 miliar
  5. Anthoni Salim U$S 3 miliar
  6. Sri Prakash Lohia US$ 2,65 miliar
  7. Low Tuck Kwong US$ 2,6 miliar
  8. Peter Sondakh US$ 2,3 miliar
  9. Putra Sampoerna US$ 2,3 miliar
  10. Aburizal Bakrie US$ 2,1 miliar
  11. Kiki Barki US$ 1,7 miliar
  12. Eddy William Katuari US$ 1,65 miliar
  13. Edwin Soeryadjaya US$ 1,6 miliar
  14. Boenjamin Setiawan US$ 1,5 miliar
  15. Garibaldi Thohir US$ 1,45 miliar
  16. Sukanto Tanoto US$ 1,4 miliar
  17. Theodore Rachmat US$ 1,35 miliar
  18. Chairul Tanjung US$ 1,25 miliar
  19. Murdaya Poo US$ 1,15 miliar
  20. Ciliandra Fangiono US$ 1,1 miliar
  21. Benny Subianto US$ 1,05 miliar
  22. Arifin dan Hilmi Panigoro US$ 985 juta
  23. Sjamsul Nursalim US$ 850 juta
  24. Agus Lasmono Suwikatmono US$ 845 juta
  25. Kartini Muljadi US$ 840 juta
  26. Tahir US$ 805 juta
  27. Sandiaga Uno US$ 795 juta
  28. Mochtar Riady US$ 730 juta
  29. Ciputra US$ 725 juta
  30. Hashim Djojohadikusumo US$ 680 juta
  31. Harjo Sutanto US$ 350 juta
  32. Trihatma Haliman US$ 600 juta
  33. Hary Tanoesudibjo US$ 595 juta
  34. Kusnan dan Rusdi Kirana US$ 580 juta
  35. Wiwoho Baduki Tokronegoro US$ 575 juta
  36. Engki Wibowo dan Jenny Quantero US$ 560 juta
  37. Husain Djojonegoro US$ 545 juta
  38. Eka Tjandranegara US$ 525 juta.
  39. Sutanto Djuhar US$ 490 juta.
  40. Prajogo Pangestu US$ 455 juta.

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