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Tuesday, November 29, 2011
Fortunes Of Indonesia's Richest Up 19%
Despite volatility around much of the globe, the economy of the world’s fourth most populous country has held up lately. Indonesia’s GDP, 70% of which is based on its domestic economy, is on track to expand 6% this year, and the stock market rose 3%, helping boost the combined wealth of its 40 richest by 19% to $85.1 billion.The country’s three richest – the Hartono Brothers, Susilo Wonowidjojo and Eka Tjipta Widjaja – easily held on to their top spots again this year, adding a combined $7.5 billion to their wealth or more than half the top 40’s total gain. The trio is now worth a staggering $32.5 billion, representing 38% of the list’s total wealth. Read more... posted by Charles Monat Associates at 11:02 AM
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