In 2011, GlobeAsia, which later rebranded as the Jakarta Globe, unveiled its highly anticipated ranking of the 150 wealthiest Indonesians. This prestigious list reflected not only immense personal fortunes but also the resilience, ambition, and innovation that drive Indonesia’s economy. From traditional industries like plantations and mining to banking, property, and modern investments, these leaders represent the backbone of the nation’s business landscape.

Here, we spotlight the top 50 wealth leaders from the 2011 list, starting with the most influential names that shaped Indonesia’s economy in the modern era.

1. Eka Tjipta Widjaja – $12 Billion

Founder of the Sinar Mas Group, Eka Tjipta Widjaja rose from humble beginnings to establish one of Indonesia’s most powerful business empires. His diversified group spans plantations, pulp and paper, banking, mining, and property, leaving behind a legacy that has influenced generations.

2. Budi Hartono & Michael Hartono – $11.5 Billion

The Hartono brothers built their fortune through Djarum, Indonesia’s leading cigarette brand, while also becoming major shareholders in Bank Central Asia (BCA). Their strategic investments in electronics and finance cemented their status as industrial pillars of the nation.

3. Anthony Salim – $8 Billion

At the helm of the Salim Group and First Pacific, Anthony Salim oversees a sprawling portfolio ranging from food and plantations to telecommunications and industry. His forward-looking vision continues to secure the family’s dominance in corporate Indonesia.

4. Martua Sitorus – $4 Billion

As co-founder of Wilmar International, Martua Sitorus became a global force in agribusiness. His expertise in commodities and plantations positioned him as one of Southeast Asia’s most accomplished entrepreneurs.

5. Aburizal Bakrie – $3.8 Billion

A household name in both business and politics, Aburizal Bakrie leads the Bakrie Group, a conglomerate with core interests in coal mining, property, plantations, and infrastructure. His influence extends from boardrooms to national policymaking.

6. Dato Low Tuck Kwong – $3.7 Billion

Founder of Bayan Resources, Dato Low Tuck Kwong carved a strong foothold in coal mining. His operational expertise and investments elevated Bayan into one of Indonesia’s leading energy firms.

7. Putra Sampoerna – $2.5 Billion

Known for leading Sampoerna Strategic, Putra Sampoerna extended his family’s tobacco legacy into plantations and online ventures, sustaining the Sampoerna name as a symbol of business adaptability.

8. Sukanto Tanoto – $2 Billion

As the driving force behind Royal Golden Eagle (RGE), Sukanto Tanoto established a global presence in pulp and paper, energy, and plantations. His reputation for sustainable business practices earned him recognition at home and abroad.

9. Peter Sondakh – $1.9 Billion

Heading the Rajawali Group, Peter Sondakh focused on mining, property, and diversified investments. His sharp ability to identify growth markets solidified his role as a top investor.

10. Susilo Wonowidjojo – $1.9 Billion

At the helm of Gudang Garam, Susilo Wonowidjojo expanded the cigarette giant into one of Indonesia’s most dominant consumer brands. His leadership safeguarded both growth and tradition.

Rising Titans Beyond the Top 10

The remaining 40 names of the top 50 wealthiest Indonesians highlight the depth of entrepreneurial power across the archipelago:

• Samin Tan ($1.8B) – Key mining player via Borneo Lumbung Energy.

• Theodore P. Rachmat ($1.7B) – Founder of Triputra Group and coal magnate.

• Kiki Barki ($1.6B) – Leader of Tanito Harum Group in coal mining.

• William Katuari ($1.45B) – Head of Wings Group in consumer goods.

• Mochtar Riady ($1.3B) – Founder of the Lippo Group empire.

• Edwin Soeryadjaya ($1.25B) – Saratoga Capital co-founder with major energy stakes.

• Tahir ($1.15B) – Visionary behind Mayapada Banking Group.

• Sri Prakash Lohia ($1.15B) – Indorama founder, textile and petrochemical giant.

• Teddy & Garibaldi Thohir ($1.1B) – Influential in Adaro Energy and Trinugraha.

• Murdaya Poo & Siti Hartati ($1.1B) – Central Cipta Murdaya leaders.

From Prajogo Pangestu’s ($1.05B) Barito Pacific to Eddy Sariaatmadja’s ($550M) media empire, the list reflects extraordinary diversity in wealth creation. It includes pioneers in banking, energy, plantations, property, aviation, pharmaceuticals, media, and consumer goods—all industries critical to Indonesia’s rapid growth.

Conclusion

The Jakarta Globe Rich List 2011 revealed not only who held the largest fortunes but also the industries that shaped modern Indonesia. Figures like Eka Tjipta Widjaja, the Hartono brothers, and Anthony Salim embody resilience, vision, and adaptability. Meanwhile, emerging leaders such as Rusdi Kirana of Lion Air and Sandiaga Uno, a private equity powerhouse, signaled the rise of a new generation.

Together, these 50 names reflect the story of Indonesia’s economic transformation—one powered by entrepreneurship, diversification, and bold leadership.