Indonesia is home to 27 billionaires in 2025, most based in Jakarta and Surabaya. How many billionaires are in Indonesia, and who is the richest? As of early 2026, the wealthiest is Prajogo Pangestu, whose fortune comes from petrochemicals through the Barito Pacific Group. This guide profiles the nation's wealthiest and where they live.
Indonesia, with its billionaires predominantly located in Jakarta and Surabaya, showcases a rich diversity in its sources of wealth. These range from petrochemicals and coal to banking, tobacco, and palm oil. The wealthiest, Prajogo Pangestu, exemplifies the significant role of the petrochemicals and energy sectors 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
Who has the highest net worth in Indonesia?
1. Prajogo Pangestu
Prajogo Pangestu, born in 1944, is a male billionaire whose primary source of wealth is petrochemicals, with business interests spanning multiple diversified industries through the Barito Pacific Group. As of early 2026, he is the richest person in Indonesia. His net worth is highly volatile because it is tied to the share prices of his listed companies; Forbes real-time estimates placed it at roughly 32.7 billion U.S. dollars in late January 2026, after swinging widely during late 2025 and early 2026.
2. Low Tuck Kwong
Low Tuck Kwong, born in 1948, is a self-made male billionaire whose source of wealth is coal, through PT Bayan Resources, and he is involved in the energy industry. As of early 2026, he is the second-richest person in Indonesia, with a net worth of approximately 23.7 billion U.S. dollars.
3. R. Budi Hartono
R. Budi Hartono, born in 1941, is a male billionaire whose primary source of wealth is banking and tobacco, anchored in the Djarum Group and Bank Central Asia (BCA), with business interests spanning the finance and investments industries. As of early 2026, he is the third-richest person in Indonesia, with a net worth of approximately 20.7 billion U.S. dollars.
4. Michael Hartono
Michael Hartono, born in 1939, is a male billionaire whose wealth is sourced from banking, tobacco, and manufacturing through the Djarum Group and Bank Central Asia (BCA). As of early 2026, he ranks fourth in Indonesia, with a net worth of approximately 19.9 billion U.S. dollars.
5. Lim Hariyanto Wijaya Sarwono
Lim Hariyanto Wijaya Sarwono, born in 1928, is a self-made male billionaire whose wealth is mainly derived from the palm oil and metals & mining industries, including nickel and bauxite mining. As of early 2026, he remains among the ten richest people in Indonesia, with a net worth of approximately 6.2 billion U.S. dollars.
Sources:
Forbes Billionaires List
Bloomberg Billionaires Index
Katadata Databoks — Indonesia’s Richest (Forbes data, January 2026)
Last updated: June 19, 2026
Leave a Reply