Prajogo Pangestu Company, Which Is Now The Richest Person In Indonesia Number 1 Forbes Version

Prajogo Pangestu illustration. (Instagram @forbesindonesia)

YOGYAKARTA Prajogo Pangestu is included in the Forbes list of the richest people in Indonesia. He was in first place, then followed by Low Tuck Kwong, a businessman who has a coal issuer PT Bayan Resources Tbk. (BYAN).

As is known, Prajogo Pangestu is in the first position on the Forbes version of the Forbes Real Time Billionaires list of rich people. Based on data from Forbes, Prajogo Pangestu, who is the boss of the Barito Pacific Group, not only shifted Low Tuck Kwong's position as the richest person, but also succeeded in displacing Robert Budi Hartono and Michael Hartono, known as Duo Hartono.

Referring to data from The Real-Time Billionaires List Forbes, on November 12, Prajogo Pangestu's net wealth reached 37.4 billion US dollars or equivalent to Rp587 trillion (with an exchange rate of Rp15,716 per US dollar.

It should be noted that in early October 2023, Prajogo Pangestu's name was still ranked 4th as the richest person in Indonesia. However, his wealth shot up in mid-November 2023 to put his name in first place.

Prajogo Pangestu is noted to have several businesses and companies in various fields. The following is a list of Prajogo Pangestu companies that are followed by various sources.

1. PT Barito Pacific Tbk (BRPT)

Prajogo Pangestu is the owner of the company PT Barito Pacific Tbk which operates in various fields ranging from the property industry, trade, new and renewable energy, forestry, plantations, mining, transportation, to holding company activities.

In the company, Prajogo became Barito Pacific's largest shareholder, amounting to 66,736,062,073 or 71.19 percent.

2. PT Chandra Asri Petrochemical Tbk (Chandra Asri/TPIA)

Prajogo Pangestu is also a shareholder of PT Chandra Asri Petrochemical (Chandra Asri/TPIA). The company was the result of a merger between the company PT Tri Polyta Indonesia Tbk and PT Chandra Asri. Chandra Asri itself is a company engaged in infrastructure and operates a petrochemical factory.

Saat ini Prajogo Pangestu memiliki saham di perusahaan tersebut sebesar 6.735.679.764 atau setara dengan 7.78 persen.

4. PT Barito Renewables Energy Tbk (BREN)

PT Barito Renewables Energy Tbk is based in Indonesia which is part of the Barito Pacific company. Barito Renewables is engaged in new and renewable energy that supports clean energy with lower emissions. Barito Renewables itself is a shareholder company of the Star Energy Geothermal Group which is a geothermal power producer.

5. PT Petrindo Jaya Kreasi Tbk (CUAN)

Prajogo Pangestu juga menjadi salah satu pemegang saham Pertindo Jaya beremitem CUAN. Perusahaan ini fokus di bidang aktivitas perusahaan holding, jasa konsultansi manajemen, dan pertambangan batu bara lewat anak perusahaan mereka. Jumlah saham yang dimiliki Prajogo di PT Petrindo cukup besar yakni sebesar 9,564,182,700 atau setara dengan 85,07 persen.

The following are the 10 richest people in Indonesia, Forber's latest version, on November 12, 2023, complete with a total wealth.

Apart from being related to the company Prajogo Pangestu, visit VOI.ID to get other interesting information.