The 10 Richest Women in Indonesia
The richest people in the world didn’t build their wealth overnight. They either spend their entire lives in earning their cash or inherit it from their forefathers. Whatever the case, it has been men who have dominated the lists of the wealthiest people in the world in recent decades. However, trends are changing fast and the numbers have seen a shift in recent times. There are several women billionaires in the world today, and Indonesia is no exception.
Indonesia is ranked number 41 in the world’s richest countries and a portion of the nation’s wealth is built by some hard-working, self-made women. Wondering who the 10 richest women in Indonesia are? Here we have the list for you.
1. Shinta Widjaja Kamdani
As one of the most prominent players in Indonesia’s local business landscape, Shinta Widjaja Kamdani is earning annual revenue of $1.2 billion. She is the Chief Executive of Sintesa Group, which is a family business and has earned huge popularity over time. The company, under her management, has expanded to 17 businesses that range from manufacturing and power to real estate and consumer products distribution. She is also the Deputy Chairwoman of the Indonesian Chamber of Commerce and Industry. As an advocate of agreements on bilateral free trade, she ventures capital to fund small business startups.
2. Arini Subianto
With a net worth of $665 million, Arini Subianto inherited her father’s fortune, being the eldest daughter in the family. She is now the President Director of Persada Capital Investama, a multi-million dollar family holdings company. The investments of the company include rubber processors, coal, palm oil processors and wood processing products.
3. Kartini Muljadi
Along with her children, Kartini Muljadi owns Tempo Group also known as PT Tempo Scan Pacific, a big company known for manufacturing consumer goods and medicines. The family has earned a net worth of $610 million. Kartini is also a lawyer and former judge and she owns a popular commercial and corporate law firm in Indonesia known as the Kartini Muljadi and Rekan (KMR).
4. Irene Tedja
Coming from a prominent family in Indonesia, Irene Tedja is now leading the family business after inheriting its command from her father who founded it. Their company, Pakuwon Jati, is based in Surabaya, East Java and is considered to be among the biggest companies in real estate management and development around today. As one of the most prominent women in Indonesia, she has earned a net worth of $345 million.
5. Fatimah Kalla
As the Chief Executive of the Kalla group, Fatimah Kalla has implemented digital technology in the company’s operations to make things more efficient. She has earned a net worth of $185 million by successfully managing her business. She is the younger sister of the Indonesian Vice President who handed down the business management to her in the year 2004. Their family business has now expanded to become the largest cocoa powder producer in Eastern Indonesia. This transformation of the Kalla group into an industrial giant is proof of her capabilities.
6. Megawati Sukarnoputri
The Chairperson of the Indonesian Democratic Party of Struggle (PDI-P), Megawati Sukarnoputri has a net worth of $14 million. She has also served the country as the 5th President, from July 2001 to October 2004, as well as serving as Vice President for 21 months. At the age of 68, Megawati is still considered to be the most powerful woman in Indonesia.
Also included in the list of the wealthiest women in Indonesia are the following powerful ladies. Their net worth is still under review and not yet disclosed:
7. Sri Mulyani Indrawati
One of the most powerful women in Indonesia, Sri Mulyani Indrawati assumed the role of Finance Minister of the country from 2005-2010 and again from 2016 to the present day. With a prestigious position in the government and coming from one of the most prominent families in Indonesia, her net worth is definitely high, but the exact value has not been disclosed. She is also known to be among the world’s most powerful women who made major reforms in the country.
8. Fathema Djan Rachmat
The woman behind various reforms of Pelni Hospital is Dr Fathema Djan Rachmat. She is currently the Chief Executive of the multi-specialty medical facility in West Jakarta and formerly held the most prestigious position in the facility as the chief of surgery. When she was designated as the Chief Executive, she made major decisions for the facility, transforming it into a modern provider of health care. She is also the commissioner of the Jakarta Heart Center. With numerous achievements and a long successful career, she has earned her place among the richest women in Indonesia.
9. Janti Komadjaja
Leading one of Indonesia’s largest construction companies, Janti Komadjaja is the President Director of PT Total Bangun Persada Tbk. Amid the country’s failing economy over the past decade, the company managed to survive under her leadership. Additionally, the company has successfully handled construction and development projects of all sizes. Because of her great reputation in the construction industry, the PT Lippo Karawaci partnered with her company to handle the Global Smart City Millennium Village Project.
10. Carmelita Hartoto
Carmelita Hartoto is the owner of PT Andhika Group, a shipping business that was handed down to her by her late father. She is currently the Chairperson of the Indonesian Shipowners’ Association and Vice Chairperson of transportation in the Indonesian Chamber of Commerce and Industry. She is a strong advocate of maritime logistics infrastructure in the country and has also served as President Joko Widodo’s active adviser on the matter.
When we talk about high net worth individuals around the world, mostly it is men who dominate the list. However, these Indonesian women seem to be bucking that trend, at least in Indonesia. They have amassed great wealth and are currently among the most powerful women in the country.
Here are some other interesting articles you should check out: