Mochtar Riady’s profile picture

Mochtar Riady

Mochtar Riady’s profile picture
Net worth 2018: $2.94 Billion
Industry: Diversified
Residence: Jakarta, Indonesia
Country: Indonesia
Children: 6
BIOGRAPHY

Mochtar Riady was born in Jakarta, Indonesia, Indonesia. Mochtar Riady is #797 in List Billionaires People In The World. Mochtar Riady is founder of $7.5 billion (revenue) 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 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 owns the iconic U.S. Bank Tower in downtown Los Angeles. Grandson John, who heads Lippo's e-commerce venture MatahariMall, is also overseeing a digital banking drive through their Bank Nobu.

NET WORTH STATISTIC
2014

$2.5 Billion

2015

$2.6 Billion

2016

$2.1 Billion

2017

$1.9 Billion

2018

$2.94 Billion

TIMELINE
1929

Mochtar Riady (Chinese: 李文正) (born May 12, 1929 also known as Lie Mo Tie) is a Chinese Indonesian financial magnate in Southeast Asia

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