Djoko Susanto Net Worth is$1,400 $Million
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Birth Date: 1950
Nationality: Indonesian
Ethnicity: Chinese people
Residence: Jakarta
Occupation: Founder & CEO of PT. Sumber Alfaria Trijaya Tbk.
Networth: {{gain}} US$ 1 1,000,000,000 (number) (March 2012)
Known For: Indonesia's 25th wealthiest people (2011), 17th (March 2012)
Djoko Susanto (born 1950) was an entrepreneur, successful businessman and well known as new billionaire of Indonesia since 2011. Djoko was the owner of Alfa Mart, retail business with mini-marts concept.
Djoko was the sixth out of 10 siblings, he only reached the 1st grade. He had to drop out of school because the Indonesian government banned students with Chinese names (he later changed his last name). At age 17 he started managing his parents' modest 560-foot stall inside Pasar Arjuna, a traditional market in Jakarta. The stall sold groceries at the time, but soon Djoko was peddling cigarettes and opening more stalls. His success attracted the attention of clove cigarette tycoon Putera Sampoerna. Together they opened similar stalls and then opened a discount supermarket chain.
Djoko continue his partnership with Putera Sampoerna until 2005, then Sampoerna sold his cigarettes business, 70% of his share to Altria including his share on the retail business run by Djoko. Altria did not desire on retail business and then sold their shares to Northstar, but Djoko later bought the shares from Northstar, mades him own the major share of 65%. He later develop the retail business into Alfa Supermarket. Nowadays, under the management of PT. Sumber Alfaria Trijaya Tbk, they run more than 5,500 stores under several brands such as Alfamart, Alfa Express, Alfa Midi and Lawson. Thus business made Djoko become the 25th wealthiest people in Indonesia on 2011, and rose to rank 17th on early 2012.

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Djoko Susanto Latest News

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