Prajogo Pangestu Net Worth is$800 $Million
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Ethnicity: Han Chinese[http://www.forbeschina.com/list/988]

Residence: Indonesia

Citizenship: Indonesia

Prajogo Pangestu (traditional Chinese: a 1/2 -e??eu?; simplified Chinese: a 1/2 -a??e??; pinyin: PA(C)ng YA?npA(C)ng) is a timber tycoon in Indonesia of Hakka Chinese origin. He is the head of the Barito Pacific group of companies.
In the 1970s, he traded timber in Kalimantan.
One of the companies controlled by Prajogo, PT Barito Pacific Timber, as of 1993 was the largest company on the Jakarta Stock Exchange.

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Prajogo Pangestu Latest News

When is inequality harmful? When it's caused by cronyism

For instance, Indonesian businessman Prajogo Pangestu is a political billionaire because the government-owned bank extends him loans on absurdly generous terms and the state erected tariffs to protect his business from competition. Or here’s a Wall ...
Posted: December 7, 2013, 4:00 am

Billionaires Aburizal and Prajogo seek tax amnesty

Politician-cum-businessman Aburizal Bakrie and timber baron Prajogo Pangestu publicly applied for the tax amnesty in Jakarta on Thursday. Aburizal, a former Golkar Party chairman, applied for an amnesty for his personal wealth only, while his staffers ...
Posted: September 28, 2016, 8:56 pm

154 Billionaires Have Profited From Political Connections: Study

One example highlighted by the report’s coauthors, Sutirtha Bagchi, of Villanova, and Jan Svejnar, of Columbia, is the Indonesian Prajogo Pangestu. He went from running a small timber outfit to seizing control of Barito Pacific, the world’s largest ...
Posted: August 4, 2015, 10:03 am

Cobar Consolidated loses silver lining

The group's Wonawinta mine continues to operate, with Indonesian billionaire Prajogo Pangestu and the Commonwealth Bank having most at stake. Magna Resources, controlled by Mr Pangestu, owns 35 per cent of Cobar Consolidated and in September last year ...
Posted: March 19, 2014, 6:00 am

Money trail leads home to New Zealand

The early clients included a controversial Indonesian rainforest logging tycoon named Prajogo Pangestu, who had four British Virgin Islands companies. Another TrustNet client was the former European Pacific manager Trevor Clarke. He had his own set of ...
Posted: April 6, 2013, 11:37 am
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