TEMPO.CO, Jakarta - A major shift has taken place in the rankings of Indonesia's wealthiest individuals, according to the latest data released by Forbes on July 28, 2025.
In the updated version of The World's Real Time Billionaires list, Prajogo Pangestu has overtaken Low Tuck Kwong to become the richest person in Indonesia.
Prajogo, the founder of Barito Pacific, now holds a net worth of US$33.7 billion (approximately Rp551 trillion). His fortune grew by US$476 million or 1.43 percent from the previous day, pushing him to the top spot.
Meanwhile, Low Tuck Kwong, previously Indonesia’s richest individual, saw his wealth drop by US$128 million or 0.48 percent to US$24.6 billion (around Rp402 trillion), placing him second.
The reshuffle doesn’t end there. Forbes also reported changes further down the list, with new entrants and notable exits.
Han Arming Hanafia, the founder of Indonet and a key figure behind data center company DCII, entered the top 10 for the first time. He now holds a net worth of US$7.2 billion (about Rp117 trillion).
On the other hand, Dewi Kam, previously recognized as one of the richest women and a minority shareholder in Bayan Resources, has dropped out of the top 10.
Here is a full breakdown of Indonesia’s top 10 richest individuals as of July 28, 2025:
1. Prajogo Pangestu
Founder of Barito Pacific, with a net worth of US$33.7 billion (Rp551 trillion), up US$476 million or 1.43 percent.
2. Low Tuck Kwong
Bayan Resources founder, now worth US$24.6 billion (Rp402 trillion), down US$128 million or 0.48 percent.
3. Robert Budi Hartono
Heir to the Djarum empire, with a net worth of US$21.5 billion (Rp351 trillion), up US$114 million or 0.53 percent.
4. Michael Bambang Hartono
Robert’s brother and co-owner of Djarum and BCA, holds US$20.7 billion (Rp338 trillion), up US$110 million or 0.53 percent.
5. Otto Toto Sugiri
PT DCI Indonesia Tbk founder and data center pioneer, with a fortune of US$15.3 billion (Rp250 trillion).
6. Marina Budiman
DCII’s President Commissioner and currently Indonesia’s richest woman, with a net worth of US$11.2 billion (Rp183 trillion).
7. Sri Prakash Lohia
Founder of Indorama Corporation, worth US$8.7 billion (Rp142 trillion), with a daily increase of US$370,000.
8. Han Arming Hanafia
Indonet founder and DCII stakeholder, holding US$7.2 billion (Rp117 trillion).
9. Tahir and family
Mayapada Group founder, worth US$6.2 billion (Rp101 trillion), up US$8 million or 0.14 percent.
10. Agoes Projosasmito
President Commissioner of Amman Mineral Internasional, with US$5.9 billion (Rp96 trillion), up US$62 million or 1.07 percent.
The latest reshuffling of Indonesia’s billionaire rankings highlights the dynamic nature of the country’s business landscape, particularly in sectors such as energy, finance, and digital infrastructure.
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