Politics
Billionaires Ray Dalio, Thaksin Shinawatra join the Advisory Council of Indonesian funds
Exterior facade of the sovereign heritage fund of the building, known as Daya Anagata Nusantara or … More
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Danantara Indonesia has appointed an American coverage fund manager Ray Galio and Thai billionaire Thaksin Shinawatra to the Advisory Council of the Nations of Southeast Southeast newly created of the Sovereign Heritage Fund.
The fund, which will manage more than $ 900 billion in Indonesian state assets, has been created to invest in strategic industries such as renewable energies, advanced manufacturing and food production as President Prabowo suffers in order to increase the country's annual economic growth by 8% by 2029.
On paper, names look good, said Harry SU, managing director of Samuel Sekuritas Indonesia. However, the most important subject remains governance. We have to wait until the end of this year to observe if Danantara will be free from political interference in her decision -making.
Dalio, founder of the largest bridgewater world cover, will assume the advisory role alongside Thaksin, A billionaire and former Prime Minister who spent 15 years in exile before returning to the country in 2023. He was the father of Paetongtarn Shinawatra, the outgoing Prime Minister.
Thailand's GDP had extended under the direction of Thaksins. It will give us a different angle when we invest in other ASEAN countries, said Rosan Roeslani, Managing Director of Danantara.
With real -time net value of $ 2.1 billion based on Forbes Estem, Thaksin has main real estate thanks to his control controlling in SC Asset. He also has interests in two health technology startups based in the United Kingdom, Dnanudge and Owlstone Medical.
Dalio has a net value of $ 14 billion, according to Forbes real -time data. He launched Bridgewater Associates from his apartment in New York in 1975. Today, the company manages around $ 112 billion in assets.
In addition to Dalio and Thaksin, and between official Indonesian presidents also named Joko Widodo and Susilo Bambang Yudhoyono on his advisory council.
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Sources 2/ https://www.forbes.com/sites/yessarrosendar/2025/03/24/billionaires-ray-dalio-thaksin-shinawatra-join-indonesian-funds-advisory-council/ The mention sources can contact us to remove/changing this article |
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