Dream Of Having Money Like Prajogo Pangestu: Can You Buy 105 Tons Of Gold At Antam Or Buy 23 Thousand Tesla Cars

Prajogo Pangestu Conglomerate. (Photo: By courtesy)

JAKARTA - Based on Bloomberg Billionaires Index data quoted on Tuesday, February 9, 2021, senior businessman Prajogo Pangestu is known to have a net worth of US $ 7.53 billion or the equivalent of Rp.105.33 trillion (exchange rate of Rp.13,988 per US dollar).

This treasure makes Prajogo the third richest person in Indonesia after Robert Hartono and Bambang Hartono. In addition, this 76-year-old man from Kalimantan is listed as the 349th richest man in the world.

In his brief review, Bloomberg said that Prajogo was the founder of PT Barito Pacific Tbk, the largest petrochemical company in Indonesia. This corporation is based in Jakarta and owns power plants and plastic-producing assets

In 2019, the Barito group of companies reported their revenue touched US $ 2.4 billion. Meanwhile, Barito's business division consists of several sub units with the main subsidiary, Chandra Asri Petrochemical.

Prajogo's business has been rampant in this country for decades and has made a lot of profit. In order to imagine how much treasure a tycoon has ever had as an angkot driver, here is a simple comparative analogy.

Buy gold at Antam for 105 tons

With an estimated gold price of Rp1 million per gram, the precious metal can be purchased for as much as 105 thousand kilos of pure gold, or 105 tonnes of kilos of gold.

Can buy fuel for 3 months

The world oil price when this news was made was 60 US dollars per barrel. If Prajogo has a net worth of US $ 7.53 billion, then the oil that can be purchased will reach 125 million barrels of oil or the equivalent of 19.75 million kilo liters of fuel.

If the national fuel consumption is 75 million kilo liters per year, Prajogo money can buy fuel for all Indonesians for about 3 months.

Buy a Tesla car at the most expensive 23 thousand units

The price for the most expensive Tesla electric vehicle is the P100D type for IDR 4.4 billion. Prajogo, with Rp. 105 trillion, could buy the car for more than 23 thousand of these units in cash.