Portrait of Mochtar Riady & family

Rank #2359

Mochtar Riady & family

Net worth $1.7B

Diversified · Indonesia

Born
May 12, 1929
Age
97
Source
Diversified
Residence
Jakarta
Citizenship
Indonesia
Marital status
Married
Children
6
Education

Net worth over time

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.
  • His daughter Rosy is married to Indonesian billionaire Tahir.

Financial assets

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