What is Peter Sondakh's Net Worth?

Peter Sondakh is an Indonesian billionaire who has a net worth of $2.8 billion. Peter Sondakh is the head of Rajawali Group, a conglomerate with interests in a variety of businesses like mining, plantations, hotels and transportation services. In November 2012, the group raised its interest in Indo Mines, a firm that trades in Australia and supplies iron concentrates to Asian buyers. Also, it paid $100 million for share in toll road operator Nusantra Infrastructure.

Furthermore, Rajawali owns a stake in railway consortium Bukit Asam Transpacific Railway and runs a taxi company Express traded in Indonesia. In addition to Rajawali Group, Sondakh owns St. Regis Bali, the Surfers Paradise resort hotel in Queensland, Australia and a home in Beverly Hills. His philanthropy is shown through the establishment of the Rajawali Foundation for Asia at Harvard University, which is devoted to providing scholarship across Asia.