Wednesday 8 July 2015

5. Robert Budi & Michael Hartono

Ranking:                      #5
Name:                         Robert Budi & Michael Hartono
Age:                             74/73
Country:                      Indonesia
Net Worth (2014):       $16.5 billion USD

Sources: 1, 2

Robert Hartono is a Chinese-Indonesian billionaire in the tobacco business. He owns and operates Djarum, one of the world’s largest manufacturers of clove cigarettes. Robert’s father had purchased Djarum in 1951, when it was still a small company.

Michael, Robert’s brother, is the co-owner of Djarum. Before they inherited their father’s tobacco business, Michael had been studying economics at an Indonesian university. A wise choice? It’s safe to say he’s learned quite a lot from the “school of hard knocks.”

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