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Who are the 5 richest billionaires in Indonesia in 2024? Net worths, ranked: from cigarette fortune heirs Hartono brothers to timber magnate Prajogo Pangestu and ‘Indomie King’ Anthoni Salim

Anthoni Salim and the Hartono brothers are among Indonesia’s top five richest in 2024. Photo: Handout, @axtonsalim/Instagram, Bloomberg
Anthoni Salim and the Hartono brothers are among Indonesia’s top five richest in 2024. Photo: Handout, @axtonsalim/Instagram, Bloomberg

  • The populous Southeast Asian country is home to some of the richest families, including Indofood boss Anthoni Salim and the massive Widjaja family with investments from real estate to healthcare
  • R. Budi Hartono handed the operations of cigarette plant Djarum to his son and entered the e-commerce sector with Blibli; meanwhile, Low Tuck Kwong’s fortune jumped thanks to rising energy costs

Talk about the rich getting richer. Like other millionaires across the globe, Indonesia’s 50 wealthiest people collectively gained 40 per cent in their net worths in 2023 despite a slowdown in the country’s economy, according to a report from Nikkei Asia. In other words, their bank accounts grew by US$72 billion to exceed US$250 billion.
 

The bulk of that US$250 billion belongs to the nation’s top five richest. In a country where the mean wealth of the 186.5 million adult population is just US$17,500, according to the latest Global Wealth Report from UBS, these five individuals and families control a combined US$140 billion.

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Here, we look at how these Southeast Asian magnates earned their fortune with interests in energy, mining, food production and property, according to Forbes.

5. Anthoni Salim and family

Combined net worth: US$10.3 billion

 

For those who enjoy that tasty quick fix of instant noodles, Anthoni Salim is the name to know. He’s the CEO of Indofood, the maker of the ubiquitous Indomie and among the world’s largest manufacturers of instant noodles. Although he’s the boss of the colossal noodle empire, his fortune comes from a diversified group of businesses, including mining, banking, retail, telecoms and energy.

4. The Widjaja family

Combined net worth: US$10.8 billion