Mochtar Riady, 87
Lippo Group
Property, investment, telecommunication, retail, e-commerce, hospital, media
$2.5 billion (2015)
$2.2 billion (2016)
One of the country’s most innovative senior business leaders, Dr. Mochtar Riady has built Lippo Group into a pan-Asian diversified business empire.
In January, he launched his 336-page autobiography “Man of Ideas” at an event which attracted high-profile guests including former President Susilo Bambang Yudhoyono.
With a particularly strong presence in the property market, the Lippo Group is positioned to benefit from the middle class boom and has continued to expand into new areas.
In the past six months, it has emerged as a leading player in the country’s e-commerce industry with MatahariMall.com.
Mochtar has a lifetime commitment to healthcare and education. Siloam hospitals are being built in many cities across the country and he established the Mochtar Riady Institute of Nanotechnology as the country’s leading cancer research center in 2006.
The group’s educational foundation manages 52 schools and two universities, including leading private university Pelita Harapan.
Tags: Keywords: