Key insights and market outlook
Forbes' 2025 list of Indonesia's richest reveals significant changes with three new entrants: Otto Toto Sugiri, Marina Budiman, and Wijono & Hermanto Tanoko Family. The collective wealth of Indonesia's top tycoons reached a record $306 billion, up from $263 billion last year 5
Forbes' latest 2025 list of Indonesia's wealthiest individuals has brought significant changes, with three new names entering the top 10. The collective wealth of these tycoons has reached a record $306 billion, marking a substantial increase from $263 billion in the previous year 5
The new entrants in the top 10 are:
These newcomers have displaced previous occupants, including Agoes Projosasmito and Dewi Kam, who were regulars in the top 10 in previous years 6
At the top of the list, R. Budi Hartono & Michael Hartono maintained their position as Indonesia's richest individuals with combined wealth of $43.8 billion, despite a decrease of $6.5 billion from the previous year 4
Prajogo Pangestu follows closely in second place with $39.8 billion, representing a 23% increase in his wealth. The Widjaja Family moved up to third place with $28.3 billion, while Low Tuck Kwong dropped to fourth with $24.9 billion due to declining coal prices 5
Forbes List Release 2025
New Entrants in Top 10
Wealth Increase Record