Some people make money faster than a money printer.
Recently, Forbes released the list of the 10 billionaires with the largest wealth growth in 2023. Among them, Indonesian Chinese businessman Peng Yunpeng, with a wealth increase of $47.9 billion, became the Chinese person who made the most money in 2023.
What does $47.9 billion mean?
Equivalent to approximately RMB 340 billion, which means that in the past year, he earned an average of RMB 930 million per day, or RMB 10,800 per second.
He thus became the new richest person in Indonesia, pushing the Huang brothers, who had held the title for 14 years, off the throne. He has many businesses, covering a dozen industries including forestry, plywood, petrochemicals, coal mining, shipping, etc., truly a tycoon in the real economy.
What made him the most money in the past year is new energy—geothermal. Indonesia has abundant geothermal resources. As early as 2010, Peng Yunpeng began to deploy geothermal power generation. Now, after more than a decade of development, the results have begun to show. In October 2023, the renewable energy company Barito Renewables Energy, which he controls, went public. Within just two months, its market capitalization approached RMB 500 billion, becoming the highest-valued company in Indonesia.
Some people make money faster than a money printer.
Recently, Forbes released the list of the 10 billionaires with the largest wealth growth in 2023. Among them, Indonesian Chinese businessman Peng Yunpeng, with a wealth increase of $47.9 billion, became the Chinese person who made the most money in 2023.
What does $47.9 billion mean?
Equivalent to approximately RMB 340 billion, which means that in the past year, he earned an average of RMB 930 million per day, or RMB 10,800 per second.
He thus became the new richest person in Indonesia, pushing the Huang brothers, who had held the title for 14 years, off the throne. He has many businesses, covering a dozen industries including forestry, plywood, petrochemicals, coal mining, shipping, etc., truly a tycoon in the real economy.
What made him the most money in the past year is new energy—geothermal. Indonesia has abundant geothermal resources. As early as 2010, Peng Yunpeng began to deploy geothermal power generation. Now, after more than a decade of development, the results have begun to show. In October 2023, the renewable energy company Barito Renewables Energy, which he controls, went public. Within just two months, its market capitalization approached RMB 500 billion, becoming the highest-valued company in Indonesia.
