The Crisis that Brought Joy
Tuesday, July 24, 2007
The 1997 monetary crisis led to the proliferation of smallholder mining operators in many provinces, generating a new breed of millionaires.
arsip tempo : 173518709644.
MEET Aman Jagau, a nouveau riche and owner of a coal mining concession in South Kalimantan. His current collection includes 13 houses, located across Kalimantan and in Jakarta, eight BMWs of the latest series, a Hummer jeep, and a Rolls Royce. He bought the last-mentioned car in 2005 for Rp8 billion. “There are only two such cars in Indonesia,” he said proudly in a recent conversation with Tempo, in Kotabaru.
Ten years ago Aman Jagau was a
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
