Forbes magazine published its annual list of Indonesia’s richest people. Almost all newspapers , among others the Jakarta Post (I can’t find the link to the news!), reported that Aburizal Bakrie now sits on the top of the list with US$ 5,4 billion worth of assets.

There’s a small box in the report that attracts my attention. It’s titled ‘A Decade Later‘ written by Justin Doebele. It says that the fortune of ten richest people in 1996 has not ‘recovered’, except for R. Budi & Michael Hartono.

However, the values that are listed in the box were not adjusted for inflation and currency. When I did the adjustment, as shown in the table below, we can see that only three of them who haven’t recovered and exceeded their 1996 fortunes.