Ciputra, 85
Ciputra Group
Property
$1.5 billion (2015)
$1.6 billion (2016)
A pioneer of large-scale township development, Ciputra’s footprint today stretches across Southeast Asia through his various companies.
The group, which bears the founder’s name, has also expanded to China and India where he has built large townships.
His listed entities, PT Ciputra Development Tbk. and PT Ciputra Property Tbk. recently raised close to $400 million to finance residential and commercial property projects in Java, Batam, Sulawesi, Sumatra and Kalimantan. Ciputra’s love of the arts is expressed in his Artpreneur space at Ciputra World in the Casablanca area of South Jakarta.
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