Michael Hartono Net Worth is$8.2 Billion
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Michael Hartono net worth: Michael Hartono is an Indonesian billionaire who has a net worth of $8.2 billion. Together with his brother R. Budi, Michael Hartono has built a fortune on the base of various business interests. Even though Hartono brothers inherited clove cigarette maker Djarum from their father, the most of their wealth comes from Bank Central Asia, Indonesia's largest private bank. As for Djarum, it was banned in the USA (along with other clove cigarettes) in 2009 and then it launched Dos Hermanos, maker of a premium cigar that blends Brazilian and Indonesian tobaccos.
In addition to the above, the siblings hold palm oil interests, and they own Grand Indonesia, a luxury shopping mall, office building and hotel complex in the center of Jakarta. When it comes to his private life, he is married with four children.
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Michael Hartono Latest News

Indonesia’s Rich Get Richer By a Little

Banking tycoons Budi and Michael Hartono topped the latest Forbes Indonesia Rich List for the sixth year running, adding more than a $1 billion to their total net worth of $16.5 billion.
Posted: December 3, 2014, 4:00 pm

Indonesia's most valuable bank prowls for acquisition targets

While there have been several offers, the Jakarta-based bank, majority-owned by billionaires Budi Hartono and Michael Hartono, is yet to zero in on one, he said. Demand for loans is dwindling as Indonesian companies delay fresh investments and banks focus ...
Posted: October 31, 2017, 4:38 am

Indonesia's rich see their wealth rebound this year

The business magazine said the combined net worth of the top 50 rose to $99 billion. Heading the list were Budi and Michael Hartono, whose joint wealth was put at $17.1 billion. The brothers' wealth was partly boosted by the rising value of their shares in ...
Posted: December 1, 2016, 12:16 am
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