Indonesia's 50 Richest 2024: Combined Wealth Climbs To $263 Billion Amid Steady Economic Growth [Forbes]
PT BANK CENTRAL UNSP/ADR (PBCRY)
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Source: Forbes
This story is part of Forbes' coverage of Indonesia's Richest 2024. See the full list here Despite concerns over the weak purchasing power of its middle class, resource-rich Indonesia is targeting 8% economic growth, up from the estimated 5.1% expected this year, under its new president Prabowo Subianto, who took office in October. Indonesia's benchmark stock index notched up a 3% increase since fortunes were last measured, helping lift collective wealth to $263 billion from $252 billion last year. And a major milestone was achieved, as the minimum net worth for inclusion on the list breached $1 billion for the first time, up from $940 million last year. ss A total of 31 listees are wealthier this year, including brothers R. Budi and Michael Hartono , at No. 1, a position they have held for over a decade. Their fortune is up by $2.3 billion to $50.3 billion, thanks partly to rising shares of Bank Central Asia, which posted stellar loan growth over the nine-month period ended Se
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