#2430
Mochtar Riady & family
Overview
- Source of Wealth
- diversified
- Industry
- Diversified
- Residence
- Jakarta
- Marital Status
- Married
- Children
- 6
Assets
- Bank Nationalnobu1,248,374,000 shares @ --NOBU-ID
- Gowa Makassar Tourism Development330,000,000 shares @ --GMTD-ID
- Lippo General Insurance434,400,000 shares @ --LPGI-ID
- Lippo Karawaci36,882,000,000 shares @ --LPKR-ID
- Lippo Securities1,747,636,000 shares @ --LPPS-ID
- Matahari Department Store88,200,000 shares @ --LPPF-ID
- Matahari Putra Prima2,974,000,000 shares @ --MPPA-ID
- Multi Prima Sejahtera145,843,000 shares @ --LPIN-ID
- PT Multipolar technology535,164,000 shares @ --MLPT-ID
- Star Pacific592,200,000 shares @ --LPLI-ID
Biography
Mochtar Riady is the founder of the diversified Lippo group, now run by sons James and Stephen.
Born in East Java, Riady opened a bicycle shop at age 22 and went on to build a successful banking career until the 1997 Asian financial crisis.
Today Lippo group's interests include real estate, retail, healthcare, media and education.
Riady's son Stephen runs Singapore property outfit OUE, which until 2020 owned the iconic U.S. Bank Tower in downtown Los Angeles.
Grandson John, an MBA from Wharton, is CEO of listed Lippo Karawaci.
About
His daughter Rosy is married to Indonesian billionaire Tahir.