4. Eka Tjipta Widjaja (Net Worth: $5.3 Billion)
Eka Tjipta Widjaja is the founder of Sinarmas Group. He was born in Fujian, China. And he migrated to Makassar, Indonesia in 1931 when he was only 9 years old. His family fled the country to avoid conflict. He is now 92 years old. His company, Sinarmas Group, is one of the biggest conglomerate in Indonesia.
Sinarmas Group’s main field is pulp and paper. Besides that, it is also the holding company of Smart Tbk (palm oil manufacturer), Smartfren Telecom, and many others such as insurance companies and media companies.
During the plummeting palm oil price, he managed to secure his assets. However, the stock for Golden Agri-Resources decreased by 30% in 2015. Despite those, he acquired one of Bakries’ company, Berau Coal Energy. And also Alphabeta Building, London’s iconic commercial building. His net worth is 5.3 billion US dollars and he is the 4th Indonesia’s Richest People.
