Luhut's Wealth In The Last Year Has Decreased By Almost IDR 30 Billion

JAKARTA - Coordinating Minister for Maritime Affairs and Investment (Menkomarves) Luhut Binsar Pandjaitan has reported his wealth in 2021 to the Corruption Eradication Commission (KPK) in the state administrator's wealth report (LHKPN). LHKPN must be reported by state officials every year.

Seen on the https://elhkpn.kpk.go.id site, Luhut's wealth as of 2021 is IDR 716,314,993,267 (IDR 716 billion). Luhut's wealth has decreased by almost IDR 30 billion over the past year. In 2017, Luhut's wealth was Rp. 745,188,108,997 (Rp. 745 billion).

In the last report in 2021, Luhut was recorded to have 20 land and building assets of IDR 245 billion. In addition, he also owns 3 cars and 2 motorbikes with a value of Rp2.16 billion.

Luhut also has other movable assets of Rp. 3.38 billion, securities of Rp. 193 billion, cash and cash equivalents of Rp. 252 billion, and other assets of Rp. 31.85 billion.

Luhut's total assets are IDR 728 billion. However, in the report, Luhut has a debt of IDR 12 billion. Thus, Luhut's net worth in 2021 is IDR 716 billion.

Meanwhile, in 2020, Luhut reported having a wealth of IDR 745 billion. In detail, Luhut is recorded to own 16 lands and buildings with a value of Rp. 244 billion.

Then, Luhut has 3 cars and 2 motorbikes with a value of 2.48 billion. Luhut also has other movable assets of Rp. 3.38 billion, securities of Rp. 106 billion, cash and cash equivalents of Rp. 194 billion, and other assets of Rp. 207 billion.

Luhut's total assets in 2020 amounted to IDR 757 billion. However, in the report, Luhut has a debt of IDR 12 billion. Thus, Luhut's net worth in 2021 is IDR 745 billion.