Ciputra Net Worth is$1.3 Billion
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Date of Birth: 1931
Place of Birth: Sulawesi
Ciputra Net Worth: Ciputra is an Indonesian real estate tycoon who has a net worth of $1.3 billion. Born in 1931, he made his fortune as an owner of the Ciputra Group, a real estate development company. A graduate of Bandung Institute of technology who also received an honorary doctorate of University Tarumanagara in 2008, Ciputra has established several companies before he reached the peak with his Ciputra Group, including PT Pembangunan Jaya in 1961, and PT Metropolitan Development Tbk in 1971, and he still serves as the Chairman of these two companies. In 1981, Cuputra launched his eminent Cipitra Group, which is now one of the major diversified property development companies in Indonesia. Moreover, he has plans to double Singapore's Orchard Road in Jalan Satrio, where recently his company opened 123,000 square-meters huge blend of apartments, malls and offices. Cuputra is also well-known for his philanthropic works, having stared numerous non-profit foundations dedicated to art, sport, education and disaster relief.
Ciputra or tjiputra(born 1931) is an Indonesian businessman who owns Ciputra Development, a property companies in Indonesia, and Ciputra Group. Ciputra was the 30th richest Indonesian according to GlobeAsia Magazine, with a total of US$350 million.[citation needed] He is also the 1st biggest philanthropist in Indonesia.[citation needed]
During the 1998 Asian Financial Crisis that hit Indonesia hard, many bond and stock investors of Ciputra's publicly owned companies suffered financially as the value of their investments plummeted, resulting in some of those companies becoming insolvent. Many depositors in Bank Ciputra lost their money as the Government of Indonesia decided to close the mismanaged bank as mandated by the IMF.

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Ciputra Latest News

Billionaire Ciputra Trains Indonesian Migrant Workers to Be their Own Boss

(In print edition under the headline A Class Of Their Own.) Walk with him beyond his low-slung, traditional Javanese house to the memorial he built for his father and in spirit, all his countrymen who suffered in World War II, and you’ll hear Ciputra ...
Posted: November 28, 2012, 1:11 pm

Indonesia's Ciputra eyes up to $300 mln in REITs

JAKARTA Jan 15 Indonesian property firm PT Ciputra Property Tbk (CTRP.JK) plans to issue $250-300 million in real estate investment trust units (REITs) in the next one or two years, a top company executive said on Tuesday. Candra Ciputra, president ...
Posted: January 14, 2008, 8:55 pm

“Small Cities” in Hanoi

Ciputra, the Manor and Park City. With these new urban centres, the population density in Hanoi’s center has been reduced, and inhabitants, particularly younger generations under the influence of a modern lifestyle, are better served with more convenienc ...
Posted: October 21, 2016, 10:35 pm
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