Agoes Projosasmito
Source of wealth: Mining, investment
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The scale of their wealth
Health
The price of life
Let's compare Agoes Projosasmito's fortune with the healthcare spending of a massive country
Agoes Projosasmito could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Agoes Projosasmito could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Agoes Projosasmito could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Agoes Projosasmito could pay for it entirely for 1.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Agoes Projosasmito could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Agoes Projosasmito with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Agoes Projosasmito's fortune is equivalent to 19 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Agoes Projosasmito could buy 5,167,200 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Agoes Projosasmito will almost certainly have enough money left over to pay for the gas.
Biography
Agoes Projosasmito is the president commissioner of Amman Mineral Internasional, one of the largest copper-and-gold mining companies in Indonesia.
He owns a minority stake in the firm, which went public on the Indonesia stock exchange in 2023 raising $710 million.
Projosasmito also owns stakes in Indonesian oil and gas company Medco Energi Internasional, coal miner Bumi Resources and its mining subsidiary Bumi Resources Minerals where he sits as president director.
Projosasmito claims to be a trusted ally of Indonesian billionaire Anthoni Salim. Their relationship started in 1989 when he helped with the IPO of Salim's cement company, Indocement Tunggal Prakarsa.
He has more than three decades of experience in capital market and extensive experience in the mining industry.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison