Netizen Journalist

This Indonesian Entrepreneur is Predicted to Become the World's Fourth Trillionaire in 2028

Holiday Ayo - Barito Pacific founder Prajogo Pangestu is predicted to become a trillionaire in 2028.

A trillionaire is someone who has wealth equivalent to at least US$1 trillion or around IDR 15,414.6 trillion (assuming an exchange rate of IDR 15,414 per US dollar).

Informa Connect Academy revealed that Prajogo's net worth reached US$43.4 billion or around IDR 668.95 trillion as of September 2024.

Prajogo's wealth growth reached 135.95 percent per year.

"His net worth is expected to reach more than $1 trillion in 2028," wrote Informa Connect Academy as quoted on Sunday (8/9).

Prajogo is a conglomerate from Indonesia. In 2007, his company, Barito Pacific, acquired 70 percent of Chandra Asri's shares, a petrochemical company with a current market capitalization of more than US$48 billion.

Barito Pacific itself operates in the petrochemical, energy, real estate, logistics and investment sectors, among various other business fields.

Based on the Informa Connect Academy report, Prajogo is projected to become the fourth trillionaire in the world.

Meanwhile, the candidate for the first trillionaire in the world is occupied by Tesla CEO Elon Musk, who can be achieved in 2027.

Musk will become the first trillionaire if his wealth growth consistently remains at an average level of 110 percent per year.

Musk's total wealth is currently around US$251 billion or around IDR 3,869 trillion.

Then, the second trillionaire candidate is the founder of the Adani Group, Gautam Adani. The Indian conglomerate has a net worth of US$84 billion and an average growth rate of 122.86 percent per year.

 

He is expected to become a trillionaire in 2028. Meanwhile, the third trillionaire candidate in the world is Nvidia Chief Executive Jensen Huang.

 

He has a net worth of US$77 billion as of September 2024. With an average annual growth rate of 111.88 percent, Jensen Huang is expected to become a trillionaire by 2028.

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Comment (3)

Eric Jones

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Eric Jones

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Eric Jones

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