Michael Hartono’s profile picture

Michael Hartono

Michael Hartono’s profile picture
Net worth 2018: $15.93 Billion
Industry: Manufacturing
Residence: Kudus, Indonesia
Country: Indonesia
BirthDay: 1941
Children: 4
BIOGRAPHY

Michael Hartono was bornon 1941 in Kudus, Indonesia, Indonesia. Michael Hartono is #77 in List Billionaires People In The World. Michael Hartono and his brother Budi Hartono, whose fortune is listed separately, are the richest people in Indonesia. Michael's most valuable holding is a stake in publicly-traded Bank Central Asia, one of the biggest financial institutions in the country. Another part of his fortune is in kretek, a type of cigarette that's a blend of cloves, tobacco and other ingredients. The Hartono's company Djarum is the one of the country's largest kretek manufacturers.

NET WORTH STATISTIC
2009

$1.7 Billion

2010

$3.5 Billion

2011

$5 Billion

2012

$6.3 Billion

2013

$8.2 Billion

2014

$7.3 Billion

2015

$8.7 Billion

2016

$7.9 Billion

2017

$8.9 Billion

2018

$15.93 Billion

TIMELINE
2012

According to Forbes magazine, the brothers have a combined net worth of US$15 billion at the end of 2012

1963

Hartono and his brother Robert Budi are the owners of kretek (clove cigarette) manufacturer Djarum, which they inherited from their father Oei Wie Gwan upon his death in 1963

1941

Michael Hartono was born in 1941

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