Djoko Susanto
Overview
- Source of Wealth
- Supermarkets
- Industry
- Fashion & Retail
- Residence
- Jakarta
- Marital Status
- Married
- Children
- 5
Assets
- Sumber Alfaria Trijaya Tbk PT21,393,400,000 shares @ --AMRT-ID
- TRIMITRA TRANS PERSADA1,717,906,000 shares @ --BLOG-ID
Biography
Djoko Susanto is the founder of Alfamart, which has more than 22,000 convenience stores across Indonesia and 2,000 stores in the Philippines.
The sixth of 10 siblings, he started managing his parents' modest food stall inside a traditional market in Jakarta at age 17.
He later partnered with clove cigarette tycoon Putera Sampoerna to open similar stalls and then a discount supermarket chain.
When Putera sold his cigarette business to Philip Morris in 2005, Susanto bought the retail business and developed it into the Alfamart chain.
In 2022, the company bought a $30 million stake in Bank Aladin Syariah, which provides sharia-compliant financial services.
About
Susanto's daughter Feny and sons, Budiyanto and Harryanto, hold senior positions at Alfamart.
His property division Alfaland operates Omega Hotel Management throughout Indonesia.
His Bunda Mulia University in Jakarta, founded in 2003, offers programs in everything from digital business to visual communication to informatics.