Indonesia’s richest billionaires lose $5.9 billion as MSCI warning triggers record two-day stock rout

Billionaires Africa | 21.10.2026 18:16
The combined fortune of Indonesia’s three richest people, Robert Budi Hartono, Prajogo Pangestu and Low Tuck Kwong, fell by about $5.9 billion over two trading days after index provider MSCI proposed a downgrade of the country’s stock market that would remove it from its main global indexes, triggering the steepest two-day drop on record.