Mochtar Riady & family
$3.5B
Born
May 12, 1929
Age
96
Source of Wealth
Diversified
Residence
Jakarta,
Citizenship
Indonesia
Marital Status
Married
Children
6
Education
- 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.
- His daughter Rosy is married to Indonesian billionaire Tahir.
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