Globe Asia’s 150 Richest Indonesians Total Net-Worth a Cool $61.5 Billion
150 richest people did very well last year. Their total net-worth rose
22 percent to 61.5 billion, which represents 12 percent of Indonesia’s gross domestic
In this year’s Globe Asia’s 150 richest Indonesians issue,
those who did the best were the tycoons who were able to unlock the
values of their assets.
Tycoons such as Peter Sondakh of the
Rajawali group increased their net-worths by selling significant stakes
in their companies. Sondakh sold his 20 percent stake in Semen Gresik and his
stake in cigarette maker Bentoel for a combined total of nearly $700
Others such as Aburizal Bakrie and Chairul Tanjung increased
their net-worths by acquiring stakes in other companies or listing parts
of their companies.