Djoko Susanto’s profile picture

Djoko Susanto

Djoko Susanto’s profile picture
Net worth 2018: $1.28 Billion
Residence: Jakarta, Indonesia
Country: Indonesia
BirthDay: 1950
Children: 5
BIOGRAPHY

Djoko Susanto was bornon 1950 in Jakarta, Indonesia, Indonesia. Djoko Susanto is #1678 in List Billionaires People In The World. Djoko Susanto, the sixth of 10 siblings, built a retail group from humble beginnings. At age 17 he started managing his parents' modest food stall inside a traditional market in Jakarta. He added cigarettes to the lineup and began opening more stalls. He partnered with clove cigarette tycoon Putera Sampoerna to open similar stalls and then a discount supermarket chain. When Putera sold his cigarette business to Phillip Morris in 2005, Susanto bought the retail business and developed it into Alfa Supermarket.

NET WORTH STATISTIC
2012

$1 Billion

2013

$1.6 Billion

2015

$1.1 Billion

2016

$1.3 Billion

2017

$1.3 Billion

2018

$1.28 Billion

TIMELINE
2011

Thus business made Djoko become the 25th wealthiest person in Indonesia on 2011, and rose to rank 17th on early 2012, decrease to 20th by November 2012

2010

Djoko is the sixth out of 10 siblings, he only reached the 1st grade

2005

Djoko continued his partnership with Putera Sampoerna until 2005, then Sampoerna sold his cigarettes business, 70% of his share to Altria including his share on the retail business run by Djoko

1950

Djoko Susanto (born Kwok Kwie Fo, 1950, Jakarta, Indonesia) is an Indonesian entrepreneur, successful businessman and well known as a new billionaire of Indonesia since 2011

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