Billionaire Profile
Agoes Projosasmito
Global Rank
#910

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Agoes Projosasmito

CEO, Mining
INDONESIA
Real-Time Net Worth
$4.636B
Estimated based on Mining stock value as of March 6, 2026
-1.1% (24h)
Age
70
Source
Mining, investment
Industry
Metals & Mining
Citizenship
INDONESIA

Biography

Agoes Projosasmito is an Indonesian billionaire with a net worth of $8.9 billion as of May 28, 2024. His wealth stems primarily from his investments and significant holdings in the mining sector, specifically through his position as President Commissioner of Amman Mineral Internasional (AMMN), Indonesia's second-largest copper and gold mining company. Agoes has over three decades of experience in the capital market and mining industry. He also holds stakes in Indonesian oil and gas company Medco Energi Internasional, and coal miner Bumi Resources. Agoes's career includes key roles at Danareksa, DBS Securities Indonesia, and Ithaca Resources. Agoes is known for his close relationship with Anthoni Salim, a fellow Indonesian billionaire.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Agoes Projosasmito was born on August 6, 1955. He earned a Bachelor of Economics degree from Universitas Kristen Satya Wacana (UKSW) in 1982 and a Diploma in Economics of Development from the Australian National University in 1988. This educational background formed a solid foundation for his career in business and finance.

Rise to Success

Agoes began his career in 1982 as the Head of Capital Markets at PT (Persero) Danareksa. He played a crucial role in developing the Indonesian capital market, establishing himself as an expert in the field. He later served as Vice President Director at DBS Securities Indonesia from 1992 to 1995 and as Managing Director at Danareksa until 2001. Agoes's career then transitioned to the energy and mining sectors. He became President Commissioner of PT Amman Mineral Internasional (AMMN), where he holds a significant stake. AMMN went public in July 2023, boosting his wealth significantly.

Key Business Strategies

Agoes's success is attributed to his strategic investments in the mining sector, particularly in Amman Mineral Internasional (AMMN). He holds a minority stake in AMMN through AP Investment, with a 15.45% ownership. He also owns stakes in Medco Energi Internasional and Bumi Resources. His long-term vision and strategic decision-making have propelled his wealth to the top ranks in Indonesia.

Philanthropy

While specific amounts are unavailable in the search results, Agoes is described as a dedicated philanthropist who supports education, healthcare, and social causes.

Career Milestones

1982

Head of Capital Markets

Began career at PT (Persero) Danareksa.

1992-1995

Vice President Director

Held position at DBS Securities Indonesia.

1995-2001

Managing Director

Held position at Danareksa.

2020

President Commissioner

Appointed President Commissioner of PT Amman Mineral Internasional Tbk (AMMN).

Philanthropy & Social Impact

Social Causes

Various Initiatives

$XB

Supports education, healthcare, and social causes.