The number of billionaires in Indonesia has nearly doubled from a dozen last year to a record 21 today -- thanks largely to booms in coal, palm oil and other commodities.
Forbes Asia also said in its December issue that the collective net of the country's 40 richest people jumped from $42 billion to an all-time high of $71 billion.
Indonesia, home to 237 million people, has one of the fastest growing economies in the region. That's thanks to a strong stock market -- boosted by the wealth of many on the list -- abundant natural resources, and consumers who are eager to spend.
The richest Indonesians were once again brothers Budi and Michael Hartono. Money generated by the Bank Central Asia, clove cigarette giant Djarum and palm oil interests gave them a combined net worth of $11 billion.
That's up from $7 billion last year.
Source: Business Week
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