• Prajogo Pangestu, an Indonesian business magnate, increased his net worth seven times to $31.9 billion this year.

• Pangestu was one of the people whose fortune increased by the most proportion in 2023.

The wealthiest people on the planet saw significant increases in their wealth in 2023.

Elon Musk, the CEO of Tesla and SpaceX, for instance, increased his net worth by $95.4 billion, based on estimates from the Bloomberg Billionaires Index. An estimated $84 billion was added by Meta CEO Mark Zuckerberg.

However, there are a few considerably less well-known individuals who have increased their wealth by billions this year.

The wealthiest people on the planet saw significant increases in their wealth in 2023.

Elon Musk, the CEO of Tesla and SpaceX, for instance, increased his net worth by $95.4 billion, based on estimates from the Bloomberg Billionaires Index. An estimated $84 billion was added by Meta CEO Mark Zuckerberg.

However, there are a few considerably less well-known individuals who have increased their wealth by billions this year.

Prajogo Pangestu

According to report data, Indonesian business mogul Prajogo Pangestu, 79, increased his estimated fortune from less than $5 billion at the beginning of 2023 to $31.9 billion as of December 29. This represents a seven-fold increase in wealth. The founder and chairman of PT Barito Pacific, an Indonesian petrochemical corporation, is Pangestu.

He is the primary shareholder of PT Petrindo Jaya Kreasi, a coal-mining business whose stock has increased dramatically since going public in March. This year, he also listed Barito Renewables Energy.

Brian Armstrong

According to report figures, Coinbase CEO and cofounder Brian Armstrong’s fortune increased by more than 400% in 2023. His current estimated net worth is $7.7 billion.

In the crypto and Silicon Valley communities, Armstrong is well-known. Despite being outstanding, his net worth is still less than that of other tech CEOs like Elon Musk and Mark Zuckerberg.

With $114 billion in assets under protection, Coinbase says it “powers the cryptoeconomy.”

Judy Love

Judy Love, cofounder of Love’s Travel Stops & Country Stores in Oklahoma, had a net worth of little less than $4 billion at the beginning of the year. The 86-year-old’s estimated net worth as of right now is $13.2 billion, per Bloomberg.

Love’s employs around 40,000 people and operates in about 650 locations. Gas stations, eateries, and truck repair facilities are among its locations.

Jensen Huang

The president and CEO of Nvidia, Jensen Huang, had an increase in his net worth of almost $30 billion, or 219%, this year, increasing his estimated wealth to $44 billion. Nvidia is a computer chip manufacturer, and in the midst of decreasing inflation and the development in AI, its stock has surged.

Huang was born in Taiwan, but at the age of ten, he was relocated to live with relatives in Washington State. He is presently ranked number 28 on Bloomberg’s rich list and started Nvidia at the age of 29.

Changpeng Zhao

The creator of the cryptocurrency exchange Binance, Changpeng Zhao, is projected to be worth $37.4 billion, nearly trebling in value this year. However, his wealth is far from at its highest point; by the beginning of 2022, for instance, it was close to $100 billion.

After entering a guilty plea in a DOJ anti-money laundering investigation that charged Binance and Zhao with neglecting to halt illicit trading on the exchange, Zhao, also known as CZ, resigned as CEO of Binance. Zhao will still control a majority stake in the cryptocurrency exchange.