Wanting to be chased by Anies, the assets of the 50 richest people in Indonesia reach Rp. 3,900 trillion

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Jakarta, CNBC Indonesia – Candidate pair number 1, Anies Baswedan and Muhaimin Iskandar, believe that the inequality between the rich and the lower middle class must be resolved. Therefore, this couple initiated efforts to increase taxes on the rich.

In the vice presidential debate last weekend, Muhaimin argued that the government should be able to increase tax revenues from rich people in Indonesia more massively. Meanwhile, the government can simultaneously reduce taxes for the lower middle class.

“We must have confidence, we will tax these 100 rich people, at the same time as lowering taxes on the middle class in Indonesia,” he said in the second debate in the 2024 Presidential Election (Pilpres) which was specifically for vice presidential candidates (cawapres), at the Jakarta Convention Center ( JCC) Friday (22/12/2023).

The assets of the 50 richest people in Indonesia

Earlier this month, Forbes Magazine just released a list of Indonesia's richest people for 2023. In the last year, the total wealth of the 50 richest tycoons in Indonesia recorded fantastic growth, namely increasing by 40% to IDR 252 billion or the equivalent of IDR 3,906 trillion (assuming an exchange rate of IDR 15,500/US$) from the original US$ 180 billion (Rp. 2,790 trillion).

This means that the wealth of Indonesian conglomerates increased by 1,116 trillion in one year. As a result, half of RI's tycoons found themselves richer than the previous year's record.

The soaring wealth of Indonesian tycoons was partly supported by the IPO boom in the Indonesian capital market, with some of the biggest making significant profits. These include Barito Renewables Energy (BREN) owned by Prajogo Pangestu and Amman Mineral International (AMMN) owned by the Salim, Agoes Projo and Panigoro Family companies.

The following are the 50 richest people in Indonesia in 2023 according to Forbes

1. Hartono Brothers

Even though their combined wealth only grew slightly to US$ 48 billion (Rp. 744 trillion), Robert Budi and Michael Hartono remained in first place.

2. Prajogo Pangestu

The most spectacular spike this year occurred in the petrochemical and energy company owned by Prajogo Pangestu. With his net worth increasing more than eightfold to US$ 43.7 billion (Rp. 677 trillion) – from $5.1 billion last year, Prajogo rose five places to No. 1. 2 for the first time. His two new IPO issuers, namely geothermal energy producer Barito Renewables Energy and coal miner Petrindo Jaya Kreasi, are the prima donnas of the capital market this year.

3. Low Tuck Kwong

Indonesian mining magnate Low Tuck Kwong also recorded a fantastic increase in assets this year. His assets more than doubled to US$ 27.2 billion (Rp. 421 trillion) due to his ownership in Bayan Resources (BYAN), Indonesia's third largest coal producer. Despite this, Low Tuck Kwong slipped to 3rd place, beaten by Prajogo's meteoric rise in wealth.

4. Widjaja Family

Even though they did not record major movements in terms of business or maneuvers in the capital market, the wealth of the family that owns the Sinarmas Group was still able to grow slightly to US$ 10.8 billion (Rp. 167 trillion).

5. Salim Family

Anthony Salim and family are one of the tycoons with the most diversified businesses. Its business spans from retail, consumer, finance, technology to mining and infrastructure. This year's wealth increased, in part, from the success of the IPO of the second largest copper mining company, Amman Mineral International (AMMN). His assets are recorded at US$ 10.3 billion.

6. Sri Prakash Lohia – US$ 8.5 Billion

7. Chairul Tanjung – US$ 5.7 Billion

8. Agoes Projosasmito – US$ 5.4 Billion

9. Lim Hariyanto Wijaya Sarwono – US$ 4.8 Billion

10. Dewi Kam – US$ 4.45 Billion

11. Jogi Hendra Atmadja & family – US$ 4.4 billion

12. Djoko Susanto – US$ 4.35 Billion

13. Setiawan Family – US$ 4.3 Billion

14. Tahir & family – US$ 4.2 Billion

15. Bachtiar Karim & family – US$ 3.9 billion

16. Susilo Wonowidjojo & family – US$ 3.6 billion

17. Garibaldi Thohir & family – US$ 3.3 billion

18. Martua Sitorus – US$ 3.25 Billion

19. Theodore Rachmat – US$ 3.2 Billion

20. Sukanto Tanoto – US$ 3.15 Billion

21. Wijono & Hermanto Tanoko & family – US$ 3.05 billion

22. Hilmi Panigoro & family – US$ 2.8 billion

23. Alexander Ramlie – US$ 2.5 Billion

24. Ciliandra Fangiono & family – US$ 2.35 Billion

25. Peter Sondakh – US$ 2.1 Billion

26. Otto Toto Sugiri – US$ 1.8 Billion

27. Putera Sampoerna & family – US$ 1.75 Billion

28. Ciputra Family – US$ 1.7 Billion

29. Bambang Sutantio – US$ 1.65 Billion

30. Hamami Family – US$ 1.6 Billion

31. Jenny Quantero & Engki Wibowo- US$ 1.5 Billion

32. Manoj Punjabi – US$ 1.45 Billion

33. Kiki Barki – US$ 1.41 Billion

34. Mochtar Riady & family – US$ 1.4 billion

35. Soegiarto Adikoesoemo – US$ 1.35 Billion

36. Arini Subianto & family – US$ 1.34 billion

37. Murdaya Poo – US$ 1.3 Billion

38. Eddy Sugianto – US$ 1.25 Billion

39. Edwin Soeryadjaya & family – US$ 1.24 Billion

40. Haryanto Tjiptodihardjo – US$ 1.2 Billion

41. Sjamsul Nursalim – US$ 1.17 Billion

42. Husain Djojonegoro & family – US$ 1.15 Billion

43. Benny Suherman – US$ 1.1 Billion

44. Irwan Hidayat & family – US$ 1.08 Billion

45. Kuncoro Wibowo & family – US$ 1.05 Billion

46. ​​Eddy Katuari & family – US$ 1.03 Billion

47. Marina Budiman – US$ 1.01 Billion

48. Sulistyo Family – US$ 1 Billion

49. Husodo Angkosubroto & family – US$ 960 Million

50. Sabana Prawirawidjaja & family – US$ 940 Million.

[Gambas:Video CNBC]

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