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Indonesia's Richest Man Dies at 86
Apnews·T1·
Michael Bambang Hartono, widely recognized as Indonesia's wealthiest individual and a prominent business magnate, has passed away at the age of 86. Hartono, alongside his brother, was instrumental in transforming the Djarum cigarette company into a major Indonesian conglomerate. His business acumen extended to significant investments in the financial sector, notably becoming a controlling shareholder of Bank Central Asia, the nation's largest private lender. His death marks the end of an era for Indonesian business and finance.
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