When Indonesia¡¯s president meets with billionaires like Ray Dalio or other major foreign investors, the same man is often watching quietly in the background.

Dressed in a T-shirt and jeans, or occasionally a suit, he cuts an unassuming figure and tends to say little, even though his English is good, people familiar with him say, a deliberate tactic he uses to stay out of the spotlight.

But his presence is notable, and increasingly noticed, as Prabowo Subianto upends the long-understood political pecking order for the Southeast Asian nation¡¯s tycoons, in the process elevating a select few.