These individuals together boast $82 billion in wealth, which they make from the sectors of industrial, commodities, healthcare and energy, according to the Bloomberg Billionaires Index.
Goh Cheng Liang (Nippon Paint)
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Goh Cheng Liang, shareholder of Nippon Paint. Photo by Singapore Press/Lianhe Zaobao |
Goh Cheng Liang of Singapore is one of two billionaires on the list with the biggest loss of $1.68 billion.
Goh, the owner of Asia’s largest paint maker Nippon Paint, now has a net worth of almost $10 billion, a plunge from 2020 when his wealth topped $32 billion.
The 97-year-old billionaire now ranks 274th among the world’s 500 richest individuals.
The majority of Goh’s fortune is derived from a 55% stake in Japan-based Nippon Paint, which has operations in 45 countries.
Sukanto Tanoto (Royal Golden Eagle)
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Sukanto Tanoto, founder and chairman of Royal Golden Eagle. Photo courtesy of the company |
Sukanto Tanoto, an Indonesian, also saw $1.68 billion wiped off his wealth this year.
The 75-year-old is the founder of manufacturing conglomerate Royal Golden Eagle, from which he derives the bulk of his net worth.
The Singapore-based company has various wood pulp, palm oil, paper, textiles, trading and energy businesses.
Tanoto’s wealth is now at $20.5 billion, making him the 101st richest person in the world.
Li Xiting (Shenzhen Mindray Bio-Medical Electronics)
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Li Xiting, founder of medical supplier Shenzhen Mindray Bio-Medical Electronics. Photo courtesy of the company |
Singapore’s Li Xiting has seen his net worth falling $1.36 billion this year.
The 73-year-old chairman of Chinese medical equipment maker Shenzhen Mindray Bio-Medical Electronics has a net worth of $14.3 billion, giving him the 159th ranking globally.
His company posted $4.9 billion in revenue last year and employs around 18,000 employees. Its products are sold to more than 190 countries.
Li’s net worth peaked at around $27 billion in 2021 but has been dropping gradually since.
Prajogo Pangestu (Barito Pacific)
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Prajogo Pangestu, chairman of Barito Renewables Energy. Photo courtesy of the company |
The net worth of Indonesia’s Prajogo Pangestu has dropped $1.31 billion this year.
The 80-year-old is the founder and chairman of Barito Pacific, the largest petrochemical company in Indonesia.
He now has $29.7 billion in total wealth, making him the richest man in Indonesia and 59th globally.
Pangestu owns a 71% stake in Barito Pacific, which posted $2.8 billion in revenue last year.
Michael Hartono (Djarum Group)
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Michael Hartono speaks at a press conference at the Jakarta International Expo in Jakarta on Aug. 22, 2018. Photo by AFP |
Michael Hartono’s net worth has declined by $800 milion this year.
The 85-year-old co-owner of Indonesia’s cigarette maker Djarum Group ranks 98th globally with a wealth of $21 billion.
His company produces around 14% of the cigarettes sold in Indonesia in 2023, and fetched around $3.7 billion in revenue.
