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‘Invest like a billionaire’: Sunito’s cash dash to save Crown fortune

Iwan Sunito, the once high-flying co-founder of developer Crown Group, has been making multiple trips to his native Indonesia to try to scrape together capital to shore up his crumbling financial empire, following the collapse of the corporate entity that holds a substantial portion of his personal wealth.

Born in Indonesia, Sunito built up a prominent development business in Sydney with former business partner Paul Sathio before it collapsed following a feud between them.

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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com

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    Original URL: https://www.afr.com/property/commercial/invest-like-a-billionaire-sunito-s-cash-dash-to-save-crown-fortune-20250513-p5lyry