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Bisnis.com, JAKARTA – Robert Budi Hartono’s name is back in the conversation after Indonesia’s richest man sent a letter to President Joko Widodo regarding the rejection of the implementation of large-scale social restrictions (PSBB) volume II in DKI Jakarta.
The letter, which was first published by Peter F. Gontha, former Polish ambassador, on Saturday (9/13/2020) went viral. In his letter, Hartono conveyed that the implementation of the full PSBB at DKI Jakarta was not effective in reducing the transmission rate of the Covid-19 virus.
As an entrepreneur, Budi Hartono’s wealth was also affected by the Covid-19 pandemic. Data quote Bloomberg Billionaires Index Budi Hartono’s total wealth reached $ 13.7 billion on Monday morning (9/14/2020).
That number places the Head of the Djarum Group at number 128 on the list of the richest people in the world. When calculating Jisdor’s exchange rate on Friday (11/9/2020) of 14,979 IDR per US dollar, Budi’s wealth is around 205.21 trillion IDR.
However, over the course of 2020, Budi Hartono’s assets have decreased by 20.1 percent or about $ 344 billion. With Jisdor’s latest exchange rate calculations, her total wealth disappeared by 51.53 trillion IDR.
Budi Hartono and his brother Michael are co-owners of the Djarum Group, the producer of almost a fifth of the cigarettes produced in Indonesia. The brothers are also the majority shareholder of PT Bank Central Asia Tbk. (BBCA), which is the company with the largest market capitalization in Indonesia.
According to description Bloomberg, Bloomberg Billionaires Index is the daily ranking of the richest people in the world. When calculating net worth, Bloomberg News strives to provide the most transparent calculations available, and each billionaire profile contains a detailed analysis of how the individual’s wealth is calculated.
An index is a dynamic measure of personal wealth based on market, economic, and reporting changes. Bloomberg. Each net worth figure is updated every business day after the close of business in New York.
“Shares of public companies are valued using the last closing price of the share. The value is converted to US dollars at the current exchange rate,” he explained. Bloomberg.
Also Bloomberg Billionaires IndexThere are several means that also measure the wealth of typists. On April 8, 2020, Magazine Forbes reposted the list of the richest people in the world in 2020, of which 15 Indonesian businessmen were included in the list.
The total wealth of the 15 Indonesian magnates reached $ 53.7 billion, equivalent to Rs 859.2 trillion, at an exchange rate of Rs 16,000 to the US dollar.
Dua Hartono once again ranks as the first and second richest person in Indonesia for 12 consecutive years.
Budi Hartono tops the list of the richest people in Indonesia in 2020 with a wealth of $ 13.6 billion, followed by his younger brother, Michael Hartono, with a wealth of $ 13 billion.
In the capital market, the Djarum Group is known for its two affiliated issuers, PT Bank Central Asia Tbk. (BBCA) and PT Sarana Menara Nusantara Tbk. (TOWR).
Meanwhile, on February 27, 2020, Hurun.net published a list of the richest people in the world. Of the thousands of names posted, there are 16 Indonesian tycoons who are included in the list of the richest people in the world.
According to these data, Budi Hartono is in position 60 in the world with a wealth of 18 billion dollars. Meanwhile, her brother Michael Hartono is ranked 68 with a total wealth of $ 17 billion.
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