Image by GlobeAsia team

Eddy Sariaatmadja, 65 and Fofo Sariaatmadja, 53


JULY 01, 2016

Elang Mahkota Technology

TV, technology

$1.75 billion (2015)

$1.8 billion (2016)

Brothers Eddy and Fofo Sariaatmadja have seen their net worth rise on the back of increased income from their television stations and investments in the country’s fast-growing e-commerce sector.

The Emtek Group, which the brothers control, invested $175 million in PropertyGuru Group, Asia’s leading online property portal, which has more than 11 million users across a number of countries.

The group also has investments in various other local websites including (online shopping and marketplace), (online vouchers) and (travel and lifestyle).

Emtek subsidiary Kreatif Media Karya (KMK) also owns and operates news portal, one of the major news websites in Indonesia.