Savvy Bets Return Media Mogul To Ranks Of Indonesia’s Richest

ByGloria Haraito,

Forbes Staff.

This story is part of Forbes’ coverage of Indonesia’s Richest 2025. See the full list here.

An investment portfolio stacked with winners returned media mogul Eddy Kusnadi Sariaatmadja to the ranks of Indonesia’s richest after a two-year gap with a net worth of $1.8 billion, shared with his family.

Shares of his Elang Mahkota Teknologi, better known as Emtek, nearly tripled in the past year with investors upbeat about the upcoming IPO of Super Bank Indonesia, in which Emtek holds a roughly one-third stake.