Hartono Brothers Stay Atop Forbes Indonesia’s 40 Richest List
This article is for subscribers only.
R. Budi and Michael Hartono took top spot on Forbes Asia’s 40 richest Indonesians list for the second straight year with combined wealth of $11 billion, up from $7 billion in 2009, the magazine reported in its December issue.
The brothers derive most of their wealth from holdings in PT Bank Central Asia, Indonesia’s biggest by market value, and own clove-cigarette maker Djarum and palm-oil interests. They cap a list of billionaires and millionaires whose wealth has grown to $71 billion this year from $42 billion last year, Forbes said.