What is R. Budi Hartono's Net Worth?
R. Budi Hartono is a Chinese Indonesian tobacco billionaire who has a net worth of $26 billion. Born in Indonesia, R. Budi Hartono and his brother grew up working for their father's company, Djarum, a clove cigarette manufacturer. Djarum has grown to become the third largest manufacturer of clove cigarettes in the world. R.
Budi Hartono and his brother have amassed their fortunes in a number of other ways, as well, including owning shares in Bank Central Asia. They also began producing palm oil, after purchasing 65,000 hectares of land in West Kalimantan in the late 2000s. They have also invested in a number of real estate ventures, and currently own the Grand Indonesia, a combined shopping mall, office building, and hotel in Jakarta. They joined the Internet technology game recently, launching Global Digital Prima Ventures. The company's first acquisition was Kaskus, the #1 website in Indonesia. Since clove cigarettes have been banned in the United States, Djarum is now focusing on the production of premium cigarettes, using tobacco from Indonesia and Brazil.
