Martua Sitorus’s profile picture

Martua Sitorus

Martua Sitorus’s profile picture
Net worth 2018: $1.42 Billion
Industry: Manufacturing
Residence: Singapore, Singapore
Country: Indonesia
BirthDay: 1960
Children: 4
BIOGRAPHY

Martua Sitorus was bornon 1960 in Singapore, Singapore, Indonesia. Martua Sitorus is #1644 in List Billionaires People In The World. Sitorus is a cofounder Singapore-listed Wilmar International, an agribusiness firm with a significant palm oil arm. Sitorus stepped down as executive deputy chairman of Wilmar in April 2017 to become a non-executive director. In August 2017, he sold some of his shares in Wilmar to U.S. agribusiness firm Archer Daniels Midland and now owns about a 2% stake. His property arm Gamaland owns Gama Tower, one of the tallest buildings in Indonesia.

NET WORTH STATISTIC
2009

$1.4 Billion

2010

$3 Billion

2011

$2.7 Billion

2012

$3 Billion

2013

$2 Billion

2014

$1.7 Billion

2015

$1.7 Billion

2016

$1.1 Billion

2017

$1.5 Billion

2018

$1.42 Billion

TIMELINE
2014

In 2014, Sitorus formed a partnership with Roys Poyiadjis to create the largest biofuel power plant in Japan

2013

The Wilmar International business has grown rapidly; by 2013 Wilmar owns more than 50 other companies with 300 manufacturing plants around the world

2012

The hospital was launched on 12 December 2012 (12/12/2012)

1991

Martua along with Kuok Khoon Hong, the nephew of Malaysia's richest tycoon Robert Kuok, founded Wilmar International Limited and by 1991 he owned 7

1960

Martua Sitorus (born 1960), also known as Thio Seng Hap (吴笙福), initially 吴声福 is a Chinese Indonesian businessman

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