Sofjan Wanandi, 72
JULY 03, 2016
Automotive parts, batteries
$570 million (2015) $580 million (2016)
Sofjan has finally been able to relax a little after handing over leadership of the Indonesian Employers Association (Apindo), a major lobby group, but still acts as a senior member of the advisory group working with Vice President Jusuf Kalla.
A former student leader along with his brother Jusuf, he was for many years the unofficial spokesman of the ethnic Chinese business community in its dealings with former President Suharto and he still speaks out on controversial issues.
His business interests, which include the Gemala and Santini groups, are a major force in the global automotive battery market and his family also has interests in wide-ranging businesses including an alumina refinery project in Kalimantan.
Sofjan, who has handed control of the companies to son Luki, was honored late last year with the award of the Order of the Rising Sun, Gold and Silver Star from the Japanese government for his contributions to bilateral relations.