Indonesia, with its billionaires predominantly located in Jakarta and Surabaya, showcases a rich diversity in its sources of wealth. These range from coal and energy to banking, tobacco, and petrochemicals. The wealthiest, Low Tuck Kwong, exemplifies the significant role of the coal industry in the economic landscape, reflecting the varied avenues through which Indonesia’s ultra-wealthy have built their fortunes.
How many billionaires are in Indonesia?
Indonesia is home to a total of 27 billionaires in 2025. The majority of these are located in Jakarta, with 19 billionaires, while Surabaya has 5.
Top 5 Billionaires in Indonesia 2025
Who has the highest net worth in Indonesia?
1. Low Tuck Kwong
Low Tuck Kwong, born in 1948, is a self-made male billionaire with a net worth of 27.8 billion dollars in 2025, ranked 52nd in terms of wealth worldwide. His source of wealth is coal and he is involved in the energy industry. Recently, he has been investing heavily in renewable energy projects, signaling a strategic shift towards sustainable energy solutions in Indonesia.
2. R. Budi Hartono
R. Budi Hartono, born in 1941, is a male, self-made billionaire with a net worth of 26.5 billion U.S. dollars in 2025, ranking him 58th in the world. His primary source of wealth is banking and tobacco, with his business interests spanning across the finance and investments industries. In recent years, he has expanded his portfolio into digital banking and e-commerce platforms, adapting to the evolving financial landscape.
3. Michael Hartono
Michael Hartono, born in 1939, is a male non-self-made billionaire, with a total worth of $25.3 billion as of 2025, ranking him 62nd in the world. His wealth is sourced from banking, tobacco, and manufacturing industries. He has also taken an active role in philanthropy, focusing on education and healthcare initiatives across Indonesia.
4. Prajogo Pangestu
Prajogo Pangestu, born in 1944, is a male non-self-made billionaire with a total net worth of 5.6 billion U.S. dollars, ranking 460th in the world in 2025. His primary source of wealth is Petrochemicals and his business interests span multiple industries, including Diversified. Recently, his conglomerate has made significant investments in sustainable agriculture and biofuel production.
5. Lim Hariyanto Wijaya Sarwono
Lim Hariyanto Wijaya Sarwono, born in 1928, is a self-made male billionaire with a net worth of $5.2 billion in 2025, ranked 520th in terms of wealth worldwide. His wealth is mainly derived from the metals & mining and palm oil industries, as well as nickel mining. He has been actively involved in advancing environmentally friendly mining practices and community development programs in mining regions.
Sources:
Forbes Billionaires List 2025
Bloomberg Billionaires Index 2025
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