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

Mahaseth takes part in Ciputra World Junior Golf Championship in Jakarta

Zenish Mahaseth has been participating in the Ciputra World Junior Golf Championship at the Damai Indah Golf and Country Club in Jakarta, Indonesia from May 31 to June 3. The event is one of the most prestigious junior tournaments in Asia. This tournament ...
Posted: June 3, 2016, 2:10 am

Profile: Ciputra Development Tbk PT (CTRA.JK)

PT Ciputra Development Tbk is an Indonesia-based company primarily engaged in residential property development and management. It classifies its business into two groups: residential property and commercial property. Its residential property portfolio ...
Posted: December 7, 2017, 4:00 pm

JCI Closes First Session Lower by 6.96 Points

Foreign investors recorded a net sell of Rp 1.33 trillion, mainly due to Ciputra Development (CTRA) share. Six sectors rose, led by property by 0.58 percent and various industry by 0.54 percent. Infrastructure dropped 0.70 percent.
Posted: June 23, 2017, 2:26 am
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