Michael Bambang Hartono, tobacco tycoon and Indonesia’s richest man, dies at 86

JAKARTA, Indonesia (AP) — Indonesia’s richest man, Michael Bambang Hartono, who helped turn the Djarum cigarette company into one of the country’s largest business empires and later became a controlling shareholder of Bank Central Asia, Indonesia’s biggest private lender, died Thursday. He was 86.

Hartono died at a hospital in Singapore on Thursday afternoon, the Djarum Group said in a statement.

“With deep sorrow, the extended family of PT Djarum announces the passing of one of our company’s leaders...