Good on Managing Risk

The economic downturn due to the Covid-19 pandemic has not hampered the growth of wealth for a handful of Indonesians. The number of residents who have assets above US $ 1 million or Rp. 14.47 billion increased last year. Based on the results of research by the Credit Suisse Research Institute, an international financial institution based in Zurich, Switzerland, the number of residents with a net worth of US$1 million or more was recorded at 171,740 people in 2020, an increase of 61.69 percent compared to 2019.

In 2019, the total population with a net worth of US $ 1 million or more recorded as many as 106,215 people. This number increased when compared to 2014 which was only 98,487 people. The number of Indonesians who are very rich or with a wealth of more than US$ 100 million (Rp 1.44 trillion) in 2020 is 417 people, an increase of 22.29 percent compared to 2019. Director of the Center of Economic and Law Studies, Bhima Yudhistira Adhinegara, said people who became rich and very rich during a pandemic are people who are able to manage the risk of asset declines. This ability makes them accumulate wealth even though the Indonesian economy is in a slump. In addition, many rich people have emerged from the commodity sector, which is well priced, from mining to plantations. A researcher from the Center of Reform on Economics Indonesia, Yusuf Rendy Manilet, said that the rich and super-rich have many choices in accumulating sources of wealth. This group can adapt to save its assets.

|•SOURCE•| Articles :TEMPO | Image :READY TO MANAGE |

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