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Michael Hartono

Michael Hartono

Michael Hartono (#149)

Global Rank #149
Country Rank #2
Country Indonesia

Michael Hartono is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 19 B
  • Banking, tobacco
  • Indonesia
  • M
  • 86 Years

Snapshot

Quick Facts

Global Rank #149
Country Rank #2
Net Worth $18.9B
Previous Worth $18.9B
Worth Change +$0.0B
Country Indonesia
Industry Banking, tobacco
Age 86 Years
Gender M
Last Refreshed 14 Sep 2026, 12:00 AM
Citizenship Indonesia
Children 4
World Billionaires List Indonesia Billionaires Banking, tobacco

Profile Data

Personal Stats

Source Of Wealth Banking, tobacco
Citizenship Indonesia
Children 4
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $18.9B
Current Net Worth $18.9B

About Me

Michael "Bambang" Hartono was among the richest in Indonesia, owning a stake in Bank Central Asia together with his brother R. Budi. Michael died in March 2026 at age 86. The Hartonos bought the stake in BCA after another wealthy family, the Salims, lost control of the bank during the 1997-1998 Asian economic crisis. The family first got rich in tobacco and is still one of the biggest clove cigarette makers in the nation. In what was Indonesia's second-largest IPO of 2022, the brothers listed Global Digital Niaga, which owns e-commerce giant Blibli, raising $510 million. Family holdings also include prime real estate in Jakarta and popular electronics brand Polytron, which forayed into the EV business on its home turf in 2025 with the launch of two electric car models.

Insights

Did You Know?

Their late father, Oei Wie Gwan, acquired a bankrupt cigarette company in 1950, and later renamed it Djarum after the needle of a gramophone.

With his brother, he also owns popular electronics brand Polytron, prime real estate in Jakarta and a stake in gaming startup Razer.

Hartono, who long advocated to get the game of bridge included in the Asian Games, won a bronze medal with five teammates in 2018.

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Hartono's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $18.9B ()

© Iconic Billionaires