The Same Old Story

A decade ago, an economic crisis hit Asia. Indonesia was hit hard. Super-wealthy Indonesian businessmen became poor, almost overnight.

In 1996, Indonesia had 10 trillionaires. When the crisis was at its low point in 2000, only Eka Tjipta Widjaja remained standing. Nevertheless, this owner of Sinar Mas was also black-and-blue: his wealth cut from US$5.4 billion (equivalent to Rp49.7 trillion at the current exchange rate) in 1997 to US$4 billion

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