Top 150 Richest Indonesians 2011 GlobeAsia Rich List

In 2011, GlobeAsia magazine unveiled its definitive Richest Indonesians List, a landmark ranking that captured the immense fortunes shaping the nation’s economy. From palm oil barons and coal magnates to banking tycoons and retail pioneers, this list showcased not only wealth but also the diverse industries powering Indonesia’s rise on the global stage.

Below is the numbered ranking of the top 150 wealthiest Indonesians of 2011, including their net worth and the business sectors where they built their empires.

The GlobeAsia 150 Richest Indonesians 2011

1. Eka Tjipta Widjaja (Sinar Mas Group) – $12 billion – Plantations, pulp & paper, mining, property, banking
2. Budi Hartono & Michael Hartono (Djarum) – $11.5 billion – Cigarettes, banking, electronics
3. Anthony Salim (Salim Group/First Pacific) – $8 billion – Food, plantations, telecommunications, industry
4. Martua Sitorus (Wilmar International Holding) – $4 billion – Plantations
5. Aburizal Bakrie (Bakrie Group) – $3.8 billion – Coal mining, plantations, infrastructure, property
6. Dato Low Tuck Kwong (Bayan Resources) – $3.7 billion – Coal mining
7. Putra Sampoerna (Sampoerna Strategic) – $2.5 billion – Plantations, online gambling
8. Sukanto Tanoto (Royal Golden Eagle) – $2 billion – Pulp & paper, plantations, energy
9. Peter Sondakh (Rajawali Group) – $1.9 billion – Investments, mining
10. Susilo Wonowidjojo (Gudang Garam) – $1.9 billion – Cigarettes
11. Samin Tan (Borneo Lumbung Energy and Metals) – $1.8 billion – Mining, investment
12. Theodore P Rahmat (Triputra Group, Adaro) – $1.7 billion – Coal mining, plantations, investments
13. Kiki Barki (Tanito Harum Group) – $1.6 billion – Coal mining
14. William Katuari (Wings Group) – $1.45 billion – Consumer goods, chemicals
15. Mochtar Riady (Lippo Group) – $1.3 billion – Banking, finance, property, retailing, healthcare, multimedia
16. Edwin Soeryadjaya (Adaro/Saratoga Capital) – $1.25 billion – Coal mining, investments
17. Tahir (Mayapada Banking Group) – $1.15 billion – Retailing, banking, property
18. Sri Prakash Lohia (Indorama Textiles) – $1.15 billion – Textiles, petrochemicals
19. Teddy Thohir & Garibaldi Thohir (Adaro Energy, Trinugraha) – $1.1 billion – Coal mining, investment
20. Murdaya Poo & Siti Hartati Murdaya (Central Cipta Murdaya) – $1.1 billion – Property, power, trading
21. Prajogo Pangestu (Barito Pacific) – $1.05 billion – Petrochemicals, energy
22. Agus L Sudwikatmono (Indika Energy) – $980 million – Coal mining, investments
23. Hashim Djojohadikusumo (Tirtamas Group) – $910 million – Oil, petrochemicals, pulp & paper, plantations
24. Chairul Tanjung (CT Corporation, Bank Mega) – $900 million – Banking, TV, retailing, property
25. Mu’min Ali Gunawan (Panin Group) – $880 million – Banking, insurance, property
26. Arifin Panigoro & Hilmi Panigoro (Medco International) – $860 million – Energy
27. Ciputra (Ciputra Group) – $790 million – Property
28. Boenjamin Setiawan (Kalbe Farma) – $770 million – Pharmaceuticals
29. Sjamsul Nursalim (Gajah Tunggal) – $760 million – Tires, retail, property
30. Trihatma K Haliman (Agung Podomoro Group) – $750 million – Property
31. Aksa Makhmud (Bosowa Corporation) – $750 million – Cement, infrastructure, energy
32. Harry Tanoesoedibjo (Bhakti Investama/Global Mediacom) – $710 million – Multimedia, TV, securities
33. Suryadi Darmadi (Duta Palma Nusantara Group) – $680 million – Palm oil plantations
34. Wiwoho B Tjokronegoro (Indika Energy) – $680 million – Coal mining, supplies
35. Rusdi Kirana (Lion Group) – $660 million – Airlines
36. Sugianto Kesuma (Agung Sedayu/Bank Artha Graha) – $650 million – Property, banking
37. Martias & Tjiliandra Fangiono (First Resources) – $650 million – Plantations
38. Sandiaga Uno (Saratoga, Recapital) – $645 million – Private equity, investment
39. Surjadinata Sumantri (Renaissance Capital/Borneo Lumbung Energy) – $625 million – Investments
40. Hariyanto Adikoesomo (AKR Corporindo) – $620 million – Oil trading, chemicals
41. Jogi Hendra Atmaja (Mayora Group) – $610 million – Food, biscuits
42. Jakob Oetama (Kompas Gramedia Group) – $605 million – Print media, TV, hotels
43. Gunawan Jusuf (Sugar Group) – $600 million – Sugar plantations, refineries, bioenergy
44. Husain Djojonegoro (ABC/Orang Tua Group) – $580 million – Consumer goods
45. Osbert Lyman (Lyman/Satya Djaja Raya Group) – $575 million – Property, timber
46. Tommy Winata (Artha Graha Group) – $570 million – Banking, hotels, agribusiness
47. George Tahija & Sjakon Tahija (Austindo Nusantara Jaya) – $560 million – Natural resources
48. Bachtiar Karim (Musim Mas) – $555 million – Plantations
49. Hartadi & Husodo Angkosubroto (Gunung Sewu Group) – $550 million – Plantations, property, insurance
50. Eddy Sariaatmadja (SCTV) – $550 million – TV media, ICT, investments

51. Alexander Tedja (Pakuwon Group) – $520 million – Shopping malls, property
52. Yusuf Merukh (Merukh Enterprise) – $515 million – Mining concessions, property
53. Eka Tjandranegara (Mulia Group) – $510 million – Hotels, office buildings, building materials
54. Jan Darmadi (Jan Darmadi Group) – $505 million – Hotels, property
55. Hutomo Mandala Putra (Humpuss) – $500 million – Shipping, property, investments
56. Sutjipto Nagaria (Summarecon) – $485 million – Property
57. Ibrahim Risjad (Risjadson Group) – $469 million – Agribusiness, energy, investments
58. John Chuang (Petra Foods Ltd.) – $445 million – Agribusiness, investments
59. Adyansyah Masrin (Lautan Luas Group) – $440 million – Chemicals, paper, trading
60. Kartini Muljadi & Handojo Slamet Muljadi (Tempo Group) – $432 million – Pharmaceuticals, cosmetics
61. Handojo Santoso (Ometraco/Japfa Comfeed) – $430 million – Animal feed
62. Tan Siong Kie (Rodamas Group) – $420 million – Manufacturing, flat glass
63. The Nin King (Argo Pantes) – $410 million – Textiles, steel trading, property
64. Paulus Tumewu (Ramayana Group) – $400 million – Retailing, property
65. Sudhamek (Garuda Food) – $385 million – Food
66. Tan Kian (Dua Mutiara) – $380 million – Textiles, hotels, property
67. Sutanto Djuhar (First Pacific) – $375 million – Property, telecommunications, investments
68. Subianto Tjandra (Ateja Group) – $350 million – Textiles, property
69. Sofjan Wanandi (Gemala Santi Group) – $319 million – Batteries, automotive parts, trading
70. Henry Pribadi (Napan Group) – $310 million – Mining, manufacturing, investments
71. Ginawan Tjondro (Citra Nusa Insan Cemerlang) – $305 million – Property
72. Dahlan Iskan (Jawa Pos Group) – $305 million – Newspapers, TV, energy
73. Soegiharto Sosrodjoyo (Sosro Group) – $302 million – Beverages, food, property
74. Benny Subianto (Bhakti Energi Persada) – $300 million – Mining, investments
75. Yos Sutomo (Sumber Mas) – $292 million – Timber
76. Kris Taenar Wiluan (Citra Mas Group) – $289 million – Energy, manufacturing
77. Benjamin Jiaravanon (Charoen Pokphand Indonesia) – $260 million – Animal feed
78. Hendro Setiawan (Pikko Group) – $255 million – Property, investments
79. Jahja Santoso (Sanbe Farma) – $253 million – Pharmaceuticals, trading, hotel
80. AHK Hamami (Trakindo Utama) – $250 million – Heavy equipment, energy
81. Honggo Wendratno (Asrari Pratama) – $245 million – Energy, petrochemicals
82. Rudy Suliawan (Karang Mas Sejahtera) – $242 million – Hotels, property
83. Muljadi Budiman (Honda Prospect Motor) – $242 million – Automotive distribution
84. Djoko Susanto (Alfa Retailindo) – $240 million – Convenience stores, distribution
85. Oesman Sapta Odang (OSO International Group) – $235 million – Mining, agribusiness, hotels, property, investments
86. Didi Dawis (Ling Brothers) – $233 million – Trading, property
87. Djoenaedi Joesoef (Konimex) – $231 million – Pharmaceuticals
88. Johan Lensa (Intiland Development) – $230 million – Property
89. Putra Masagung (Gunung Agung) – $230 million – Hotels, property, bookstores
90. Tatang Hermawan (Bank Prahyangan) – $225 million – Textiles, property, hotels
91. Luntungan Honoris (Modern Group) – $220 million – Property, trading, film distribution
92. Hendro Gondokusumo (Intiland) – $215 million – Property
93. Suryadharma Paloh (Media Indonesia/Metro TV) – $206 million – TV, newspapers
94. Chandra Lie (Sriwijaya Air) – $200 million – Airlines
95. Rosan Roeslani (Recapital) – $200 million – Private equity, investments
96. Siswono Judo Husodo (Bangun Cipta Sarana) – $197 million – Infrastructure, property
97. Alim Markus (MasPion Group) – $195 million – Housewares
98. Hadi Surya (Berlian Laju Tanker) – $185 million – Shipping
99. Benny Suherman (Studio 21 Group) – $185 million – Cinema chain
100. Sukamdani Gitosardjono (Sahid Group) – $182 million – Hotels, property
101. Hashim Djojohadikusumo (Argo Manunggal) – $260 million – Palm oil, coal, property
102. Mugi Rahardjo (Argo Pantes Group) – $255 million – Textiles, property
103. Hasyim Ning family (Nusantara Group) – $250 million – Automotive, property
104. Benny Tjokrosaputro (Hanson International) – $245 million – Property
105. Arifin Panigoro (Medco Energi) – $240 million – Oil & gas, energy
106. Rachmat Gobel (Gobel Group) – $235 million – Electronics, distribution
107. Rachman Halim family (Gudang Garam) – $230 million – Cigarettes
108. Sukanto Tanoto (RGE Group) – $225 million – Pulp & paper, plantations, energy
109. Burhan Uray (Djajanti Group) – $220 million – Fisheries, forestry
110. Syamsul Nursalim (Gajah Tunggal) – $215 million – Tyres, retail
111. Jopie Ongkowidjaja (Eterindo) – $210 million – Chemicals, plantations
112. Ongko Gunawan (Ongko Group) – $205 million – Banking, property
113. Mohamad Suleman (Suleman Group) – $200 million – Palm oil, plantations
114. Jusuf Hamka (Citra Marga Nusaphala) – $198 million – Toll roads
115. Ibrahim Risjad (Risjadson Group) – $196 million – Mining, property
116. Anwar Siregar (Surya Semesta) – $194 million – Construction, property
117. Adi Kusuma (Berlina) – $192 million – Packaging, plastics
118. Mochtar Riady family (Lippo Group) – $190 million – Banking, property
119. Eka Tjandranegara (Kalbe Farma) – $188 million – Pharmaceuticals
120. Hendro Gondokusumo (Alam Sutera) – $185 million – Property
121. Hermanto Tanoko (Avian) – $183 million – Paint, chemicals
122. Prayogo Pangestu (Barito Pacific) – $181 million – Petrochemicals, plantations
123. Hary Djaja (Djaja Group) – $179 million – Textiles
124. Tan Kian (Gunung Sewu) – $177 million – Property, insurance
125. Djoko Susanto (Alfa Group) – $175 million – Retail, supermarkets
126. Liem Choon Kiat (Batavia Prosperindo) – $173 million – Finance
127. Eddy Kusnadi Sariaatmadja (Emtek Group) – $170 million – Media, IT
128. Paulus Tumewu (Ramayana) – $168 million – Retail
129. Lim Hariyanto Wijaya Sarwono (Harita Group) – $165 million – Palm oil, mining
130. Tahir (Mayapada Group) – $163 million – Banking, property, healthcare
131. Joesly G. Londa (Buana Finance) – $160 million – Finance, leasing
132. Benny Subianto (Astra International) – $158 million – Automotive
133. Sudwikatmono family – $155 million – Property, retail, entertainment
134. Tommy Winata (Artha Graha) – $153 million – Property, banking
135. Soegiarto Adikoesoemo (AKR Corporindo) – $151 million – Trading, logistics
136. Jusuf Wanandi (CSIS Group) – $149 million – Property, finance
137. Rosan Roeslani (Recapital) – $147 million – Finance, property
138. Edwin Soeryadjaya (Saratoga Group) – $145 million – Investments, mining
139. Ciputra family (Ciputra Group) – $143 million – Property
140. Dato Sri Tahir (Mayapada) – $141 million – Hospitals, banking
141. Irwan Hidayat (Sido Muncul) – $139 million – Herbal medicine, consumer goods
142. Kartini Muljadi (Tempo Scan) – $137 million – Pharmaceuticals, consumer goods
143. Hendra Gunawan (Gunawan Steel) – $135 million – Steel
144. Martua Sitorus (Wilmar International) – $133 million – Palm oil, agribusiness
145. Tandean Rustandy (PT Arwana Citramulia) – $131 million – Ceramics
146. Yusril Ihza Mahendra (Private holdings) – $129 million – Law, consulting, property
147. Jusuf Anwar (Semen Andalas) – $127 million – Cement
148. Ciputra Hartono (Private) – $125 million – Property
149. Darmawan Prasodjo (Investments) – $123 million – Energy, consulting
150. Joko Tjandra (Mulya Group) – $120 million – Property

Conclusion

The 2011 GlobeAsia Rich List of Indonesia’s wealthiest individuals and families reflects the dynamic growth of Southeast Asia’s largest economy. Dominated by industries like plantations, mining, property, banking, and consumer goods, this ranking highlights how family-owned conglomerates and visionary entrepreneurs shaped Indonesia’s wealth landscape.

From business empires like Sinar Mas, Djarum, Salim, Astra, and Lippo to new-generation entrepreneurs in retail, property, and energy, the diversity of industries shows Indonesia’s evolving economy. While the numbers reflect 2011 valuations, many of these names continue to influence the country’s economic direction today.