Half the tycoons on this year’s list are richer than they were a year ago Brothers R. Budi and Michael Hartono retain their No. 1 spot with a fortune of $48 billion.
Nusantara Sejahtera Raya s IPO propelled Benny Suherman, the company’s cofounder and major shareholder, into the billionaire ranks with an estimated net worth of about $1.1 billion.