KOMPAS.com – Forbes released the list of richest people in Indonesia in 2019. The Forbes release presents 50 names of Indonesian entrepreneurs from various fields, complete with the wealth they have. Overall, the wealth of these entrepreneurs rose by 5.6 billion US dollars, to 134.6 billion US dollars. Michael Hartono and Robert Budi Hartono (Hartono Brothers) occupy the first position with a net worth of 37.3 billion US. This family wealth rose because of the rising share prices of PT Bank Central Asia. In second place, the Widjaja family, owner of the Sinar Mas Group with a total net worth of 9.6 billion US dollars. Also read: Entrepreneurs from Singapore Enter the List of Richest People Thanks to the Game Previously, the Widjaja family was in third place with assets of 8.6 billion US dollars. The founder of the Sinar Mas group, Eka Tjipta Widjaja, died in January 2019, leaving a large fortune for several heirs who are now classified as Widjaja’s family. Prajogo Pangestu is in the third position of Indonesia’s richest person, with a wealth of 7.6 billion US dollars. Increased wealth because investors raise the shares of Barito Pacific. Meanwhile, the fourth position is Susilo Wonowidjojo, with a net worth of 2.6 billion US dollars, where previously he was in second position. His Gudang Garam kretek cigarettes dropped after the government made a policy of rising cigarette prices and raising cigarette excise taxes next year. In full, the following 10 Forbes richest people in Indonesia:

Robert Budi and Michael Hartono (37.3 billion US dollars)

Widjaja Family (9.6 billion US dollars)

Prajogo Pangestu (7.6 billion US dollars)

Susilo Wonowidjojo (6.6 billion US dollars)

Sri Prakash Lohia (5.6 billion US dollars)

Anthoni Salim (5.5 billion US dollars)

Tahir (4.8 billion US dollars)

Boenjamin Setiawan (4.35 billion US dollars)

Chairul Tanjung (3.6 billion US dollars)

Jogi Hendra Atmadja (3 billion US dollars)

Five new names appear on this year’s list, such as Ferrari car enthusiasts and construction entrepreneur Donald Sihombing at number 34 with a wealth of 970 million dollars. Donald Sihombing is the founder and president director of PT Totalindo Eka Persada, a construction company that built the Four Seasons hotel in Jakarta. Not only that, other newcomers are the Ciputra family at number 25, inheriting wealth worth 1.3 billion dollars. Textile entrepreneur Iwan Lukminto was ranked 50th with a fortune of 585 million dollars. The list is compiled using stock ownership and financial information obtained from families and individuals, stock exchanges, annual reports, and analysts. The rating includes the wealth of individuals and families, including those shared among relatives. Private companies are valued based on similar companies that are publicly traded. Public company assets are calculated based on stock prices and exchange rates on November 19, 2019.