Billionaire Prajogo Pangestu - asset of 41.4 billion USD
In the list of world billionaires updated by Forbes today, billionaire Prajogo Pangestu's assets decreased by 521 million USD, down 1.24% compared to the previous update, to 41.4 billion USD. Currently, billionaire Prajogo Pangestu is ranked 43rd in the world.
In Southeast Asia, Mr. Prajogo Pangestu is currently ranked No. 1 in the ranking of the richest people in Southeast Asia.
The Indonesian billionaire works mainly in the petrochemical and energy sectors, through companies such as Barito Pacific, Barito Renewables Energy. Prajogo Pangestu first appeared on the Forbes billionaire list in 2017, when he owned assets of about 1.8 billion USD.
Billionaire Low Tuck Kwong - 24.7 billion USD
According to Forbes, billionaire Low Tuck Kwong is currently ranked 92nd in the richest people on the planet, with a net worth of 24.7 billion USD. However, compared to the previous update, his assets decreased slightly by 0.52%, equivalent to a decrease of 128 million USD. In Southeast Asia, Low Tuck Kwong ranks second in the top 5 richest billionaires in the region.
World billionaire Low Tuck Kwong is the founder of Bayan Resources, a large coal mining company in Indonesia. He also runs Metis Energy, a Singapore-based renewable energy company, and holds a stake in The Farrer Park Company and Samindo Resources.
Billionaire Pham Nhat Vuong - 24.3 billion USD
Billionaire Pham Nhat Vuong, Chairman of Vingroup Corporation, continued to increase to 24.3 billion USD, equivalent to an increase of 760 million USD compared to the previous update. Currently, Mr. Pham Nhat Vuong has climbed to 94th place in the list of billionaires in the world.
In Southeast Asia, billionaire Pham Nhat Vuong is ranked 3rd on the list of rich people. Even his assets are only 400 million USD behind Low Tuck Kwong - the second richest person in Southeast Asia. With the rapid increase, Mr. Vuong will likely "dethron" billionaire Low Tuck Kwong on the rankings.
Mr. Pham Nhat Vuong is the first USD billionaire in Vietnam to own assets of over 24 billion USD, and is also the first Vietnamese to be in the group of 100 richest people in the world. Compared to the beginning of 2025, Mr. Pham Nhat Vuong's assets have increased 3.7 times.
Billionaire R. Budi Hartono and billionaire Michael Hartono
According to Forbes, billionaire R. Budi Hartono owns assets worth 21.5 billion USD, equivalent to an increase of 294 million USD. He is 113th in the world's richest people.
Billionaire Michael Hartono owns assets worth 20.6 billion USD, up 282 million USD compared to the previous update. Currently, he is ranked 119th in the list of richest people in the world.
Most of their assets come from investments in the Central Bank of Asia (BSC), which was bought back after the 1997-1988 Asian financial crisis. Hartono's family started out in the tobacco industry and is still one of the largest tobacco manufacturers in Indonesia.
In 2022, the two brought Global Digital Niaga, owner of a Blibli e-commerce platform, to the platform, earning 510 million USD in the second largest IPO in Indonesia.
