{
    "success": true,
    "data": {
        "id": 1855575,
        "msgid": "where-does-tan-kian-rank-among-indonesias-wealthiest-1783871421",
        "date": "2026-07-12 19:15:35",
        "title": "Where Does Tan Kian Rank Among Indonesia's Wealthiest?",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "Property tycoon Tan Kian, founder of Century Properties Group, was once a fixture on Forbes' Indonesia rich list, ranking around 30th in the late 2000s with a fortune of up to US$225 million. Despite developing iconic Jakarta landmarks like Pacific Place and the Ritz-Carlton, he has since fallen out of the top 50 as resource and tech billionaires dominate the rankings. The low-profile developer has passed leadership to his son Nicholas, with his current wealth no longer placing him among the nation's richest.",
        "content": "<p>Tan Kian is a name well known in Indonesian property circles, though\nhe tends to keep a low profile and rarely appears in the media. The\nquestion of where he ranks among Indonesia\u2019s richest often arises\nbecause of his history of appearing on the Forbes list in the 2000s.\nHowever, by 2026, his position is no longer among the top tier dominated\nby the likes of Low Tuck Kwong, Prajogo Pangestu, or the Hartono family.\nAccording to Forbes records, Tan Kian once ranked around 30th to 31st on\nthe list of Indonesia\u2019s wealthiest individuals. In 2007, his wealth was\nestimated at US$225 million, and in 2008 it was around US$175 million.\nHe is known as the owner of Dua Mutiara Group, now known as Century\nProperties Group Indonesia, a premium property development company\nfocused on exclusive projects in Jakarta\u2019s elite areas. Tan Kian was\nborn into a modest entrepreneurial family involved in the shrimp and\ntextile trade. He is the second generation who successfully grew the\nfamily business into a property empire. Since the early 1990s, he built\na reputation as a boutique developer specialising in high-end,\nlimited-quantity, high-quality projects. Iconic projects linked to Dua\nMutiara Group\/Century Properties include Pacific Place Jakarta in the\nSCBD area, one of the capital\u2019s most luxurious malls and lifestyle\ncentres; The Ritz-Carlton Jakarta in Mega Kuningan and Pacific Place;\nthe JW Marriott Hotel Jakarta; the Millennium Centennial Center in the\nSudirman CBD; and the South Hills apartments along with various other\npremium office and residential buildings. These projects not only became\nJakarta landmarks but also contributed significant asset value. In 2016,\nhis wealth was estimated at around US$570 million, or approximately\nRp9.3 trillion, by the Jakarta Globe. He was also recorded as building a\nluxury resort with 60 villas on Bintan Island. In 2017, Tan Kian handed\nover the leadership reins to his son, Nicholas Tan, while remaining a\nkey figure behind the group. The rebranding to Century Properties Group\nmarked a new era of expansion and professionalised management. In the\n2025-2026 period, the list of Indonesia\u2019s richest people is dominated by\nentrepreneurs from the coal, petrochemical, banking, and technology\nsectors, such as Low Tuck Kwong, Prajogo Pangestu, and the Hartono\nfamily. The total wealth of the top 50 richest Indonesians has reached a\nrecord high, exceeding US$300 billion.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/where-does-tan-kian-rank-among-indonesias-wealthiest-1783871421",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}