B. J. Habibie Net Worth

Aerospace Engineer Returns to Indonesia

After a successful career in German aerospace, Habibie returns to Indonesia at President Suharto's invitation to lead technology development. His engineering expertise and government connections provide a comfortable living.

Minister of Research and Technology

Habibie is appointed Minister, championing high-tech industrialization and aircraft manufacturing. His prominent government position and business connections increase his wealth and political influence.

Leads Indonesian Aerospace Industry

As head of Indonesia's state aerospace company and a close Suharto ally, Habibie oversees major technology projects. His position at the intersection of government and industry substantially increases his wealth.

Becomes Vice President

Habibie is appointed Vice President shortly before the Asian financial crisis topples Suharto. This unexpected elevation places him next in line for the presidency during Indonesia's most turbulent period in decades.

Assumes Indonesian Presidency

When Suharto resigns in May 1998, Habibie becomes president of the world's fourth-most populous nation during economic collapse and political upheaval. His sudden ascension brings him to global prominence as he navigates Indonesia's democratic transition.

East Timor Independence Referendum

Habibie's decision to allow East Timor's independence referendum is historic but controversial. While it brings international praise for democratization, domestic opposition and violence damage his political standing.

Loses Presidential Election

After implementing democratic reforms, Habibie loses the first free presidential election and steps down. His brief but transformative presidency ends, and he transitions to private life and technological advocacy.

Dies at Age 83

Habibie dies on September 11, 2019. His passing prompts tributes from across Indonesia and international recognition of his role in Indonesia's democratization. A 2019 biographical film about his life brings renewed attention to his legacy.

Indonesian Democratic Transition Hero

Habibie is well-remembered in Indonesia and recognized by Southeast Asian political observers as a key democratic transition figure. While not a global household name, he maintains solid international recognition among those familiar with Indonesian history and democratization studies.