Bakrie kicked from the list of 40 Richest People Indonesia

Bakrie this year is not in the list of 40 richest people in Indonesia Forbes. In fact, Ical, greeting familiar Aburizal, every year it was on the list that started in 2006.

Ical not netted in the list of the richest people for the treasure that had not entered the provisions of Forbes.

Media preach famous tycoons net worth is pegged lower limit value of the wealth of this year stood at 730 million U.S. dollars, an increase of 100 million U.S. dollars compared with last year.

One cause of the decline in asset Ical is coal prices continue to be depressed due to weaker demand from China.

Keep in mind, in 2011 Ical who is Chairman of Golkar Party was thrown into the position 30, with a net worth of 890 million U.S. dollars. That number means buckle up to 1.2 billion dollars, or about 57 percent compared with the wealth in 2010.

In the Forbes list of richest people in 2010, Ical is in 10th position with a fortune of 2.1 billion U.S. dollars.

In addition to controlling the Bakrie Group, the richest man in Indonesia with the coal business and has decreased the value of wealth is Low Tuck Kwong, number 12. Low Tuck Kwong wealth dropped 46 percent to 2 billion U.S. dollars.

Forbes compiled the list based on shareholding and financial information obtained from the families and individuals, stock exchanges, analysts, and other sources. Total wealth also take ownership of the shares held by the family, such as the calculation of wealth Susilo Wonowidjojo.

Wealth derived from public companies is calculated based on the stock price and exchange rate as at 14 November 2012. Meanwhile, the basic calculation for closed companies use similar companies whose shares are publicly traded for comparison