Widjaja family

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The rocketing price of gold, which peaked at nearly $4,400 per ounce in October, has benefited several fortunes tied to the metal.

An investment portfolio stacked with winners returned media mogul Eddy Kusnadi Sariaatmadja to the ranks of Indonesia’s richest after a two-year gap with a net worth of $1.8 billion, shared with his family.

Tycoon Putera Sampoerna, who sold his family’s clove cigarette business to U.S. tobacco giant Philip Morris for $2 billion in 2005, has offloaded another substantial asset recently.

Oil and gas tycoon Hilmi Panigoro’s Medco Energi Internasional is in expansion mode as it seeks to boost gas output to counter volatile oil prices.

Half the tycoons on the list are better off from a year ago.

Lyon Investments—controlled by the Widjaja family, among the wealthiest clans in Indonesia—will buy the remaining 1.26 billion shares of Singapore-listed Sinarmas Land for $292 million.

SMPlus Digital Investama, controlled by Indonesia’s Widjaja family, is partnering with Korean tycoon Kim Nam-goo to develop a $300 million data center in Jakarta.

Billionaire Widjaja family-backed Smertfren and Malaysia's Axiata Group are in talks to merged their mobile phone companies in Indonesia, one of Southeast Asia's most competitive telecom markets.

Sinar Mas Land, a Singapore-listed property developer controlled by the Widjaja family, has established an investment unit called Living Lab Ventures that aims to fund startups in Indonesia.

Singapore listed Sinar Mas Land – controlled by Indonesia's second richest, the Widjaja family – through its unit, SML Strand has entered a sale and purchase agreement with Land Securities Group for a commercial building in central London for 195 million pound ($240 million) according to a filing...

Golden Energy and Resources—controlled by the Widjaja family—has completed its acquisition of an 80% stake in coal miner BHP Mitsui Coal for $1.2 billion, according to a filing to the Singapore Stock Exchange on Tuesday.

A tech startup launched by an heir to the Chearavanont family’s business empire has secured funding from the venture capital arm of Sinar Mas Group, one of Indonesia's largest conglomerates, which is controlled by the Widjaja family.

The biggest target of the protectionist measures, Gold East Paper, is owned by the Widjaja family of Indonesia.

Indonesia's Widjaja family is making a comeback. One reason is Eric Oei, a rising star of the fourth generation.