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![Prajogo Pangestu, Eks Sopir Angkot Lulusan SMP jadi Orang Terkaya RI, Geser Low Tuck Kwong & Duo Hartono<br>](https://cdns.klimg.com/mav-prod-resized/480x/ori/feedImage/2023/11/13/1699851153232-gh26df.png)
Dream - Prajogo Pangestu ranks first as the richest person in Indonesia. This is based on data from Forbes Real Time Billionaires. Prajogo Pangestu's position displaces Low Tuck Kwong and the Hartono family. Prajogo Pangestu's wealth reaches USD 38.7 billion or approximately IDR 607 trillion (estimated exchange rate of IDR 15,700 per US dollar). Meanwhile, Low Tuck Kwong, the owner of Bayan Resources, has recorded wealth of USD 26.5 billion. The siblings R. Budi Hartono and Michael Hartono, who own the Djarum Group, have wealth of USD 24.3 billion and USD 23.3 billion, respectively.
According to Liputan6.com, Prajogo Pangestu is currently 79 years old and his source of wealth comes from petrochemicals to energy. He is known to have several companies listed on the Indonesia Stock Exchange (BEI).
The translated text while preserving the HTML tags is as follows: "The companies include, among others, PT Barito Pacific Tbk (BRPT), PT Chandra Asri Petrochemical Tbk (TPIA), PT Gozco Plantation Tbk (GZCO), and PT Petrindo Jaya Kreasi Tbk (CUAN), which just made their debut last March."
The figure of Prajogo Pangestu is not only known as one of the richest people in Indonesia. However, he also has an interesting background story that led him to that position. According to several sources, Prajogo Pangestu was born on May 13, 1944 in Bengkayang, West Kalimantan. Prajogo Pangestu is married and blessed with three children.
Prajogo is the son of a rubber trader and used to work as a public minivan driver because he only graduated from junior high school. When working as a public minivan driver, Prajogo Pangestu began to find opportunities to become an entrepreneur. At that time, Prajogo met a Malaysian wood entrepreneur named Bong Sun On or Burhan Uray in the 1960s. The wood entrepreneur then invited Prajogo to work in his company, Djajanti Timber Group.
Through the introduction, Prajogo then joined PT Djajanti Group in 1969 and was entrusted to manage the Forest Entrepreneur Rights (HPH) in Central Kalimantan. Through his work, Prajogo finally gained a lot of experience and knowledge related to wood. In late 1980, Prajogo decided to open his own business and founded CV Pacific Lumber Coy. Thirteen years later, he changed the name of his company to Barito Pacific Timber.
The wood business conducted by Prajogo has grown rapidly and become one of the largest timber entrepreneurs in Indonesia before the 1997 economic crisis. In addition to the wood business, in 2007 he started venturing into other sectors. Prajogo began to venture into other sectors and his company's name changed to Barito Pacific, also acquiring a 70 percent stake in the petrochemical company Chandra Asri. The company became the largest national petrochemical producer after merging with Tri Polyta Indonesia. He also expanded his business in the coal industry and introduced Petrindo Jaya Kreasi, which went public on the stock exchange in 2023. His name has also become more well-known to the public recently due to his business in the petrochemical and energy sectors.
Currently, Prajogo is part of the Nusantara consortium led by Bos Agung Sedayu Group Sugianto Kusuma, which invests in the National Capital (IKN) Nusantara. Therefore, it is not surprising that his name has been increasingly highlighted by the public recently.
1. Prajogo Pangestu US$38.7 billion 2. Low Tuck Kwong US$26.5 billion 3. Budi Hartono US$24.3 billion 4. Michael Hartono US$23.3 billion 5. Sri Prakash Lohia US$6.5 billion 6. Chairul Tanjung US$5.6 billion 7. Lim Hariyanto Wijaya Sarwono US$4.4 billion 8. Tahir Family US$4.3 billion 9. Dewi Kam US$4.3 billion 10. Djoko Susanto US$4.3 billion.
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