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Grizzly Bulls’ Billionaires Index

⬅ # 897 Naguib Sawiris|# 899 Edwin Leong ➡

# 898 Dewi Kam 

$3.65B

Real Time Net Worth
as of 7/25/2024
-$39.0M (-1.07%)

# 898 Dewi Kam 

$3.65B

Real Time Net Worth
as of 7/25/2024
-$39.0M (-1.07%)
Source of WealthCoal
Age74
ResidenceJakarta, Indonesia
Marital StatusMarried
Age-Adjusted Net Worth$1.42B
Dewi Kam
Dewi Kam
Indonesia
Net worth: $3.65B

Self-Made Score 

Biography

Overview

Dewi Kam amassed her fortune primarily through a minority stake in Bayan Resources, an Indonesian coal mining company.
Shares in Bayan Resources skyrocketed in 2022 amid the global energy crisis, tripling in value, and continued to soar in 2023.
In addition to her coal investments, Dewi Kam holds interests in power plant construction and operations.

Career and Investments

Dewi Kam's career trajectory before her involvement with Bayan Resources is not publicly documented.
She acquired a minority stake in Bayan Resources, a major player in Indonesia's coal mining sector.
Bayan Resources operates several open-cut mining projects in East and South Kalimantan, Indonesia, producing coal ranging from high calorific value bituminous coal to sub-bituminous low-sulphur, low-ash coal.
The Tabang Concession, Bayan Group’s key producing asset, contributes approximately 80% of the company's coal production and is known for its low production costs and potential for rapid capacity expansion.
Bayan Resources also provides various services including mining contracting, coal transshipment, port operations, power supply, and trading services.
The company's strategic location close to key markets in Asia, coupled with its considerable reserve base and reliable supply, has positioned it as a preferred coal supplier to many regional power stations.

Wealth and Financials

Dewi Kam's wealth is primarily tied to her stake in Bayan Resources, which experienced a significant increase in value during the global energy crisis.
The soaring shares of Bayan Resources have contributed substantially to Dewi Kam's billionaire status.

How long would it take you to become as rich as Dewi Kam?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Dewi Kam's net worth of $3.65B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Dewi Kam is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Dewi Kam, Coal is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey