Mochtar Riady & Family Net Worth is$2,200 $Million
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Title: Mochtar Riady
T: ?/?/?
S: ?/?/?
P: Li Wénzhèng
Showflag: jyp
Mochtar Riady (Chinese: ae??ae??ae-?) is a Chinese Indonesian financial magnate in Southeast Asia. He is the founder and CEO of Lippo Group. He is also the chairman of the Asian Bankers Association. Born on 12 May 1929, in Malang, East Java, Mochtar is known to have a cold hand at transforming the fortunes of financial institutions. He was recruited by another magnate, Lim Sioe Liong, in 1975 to replicate his achievement in developing Panin Bank to be Indonesia's largest private bank in Lim's Bank Central Asia (BCA). At the time of his appointment at BCA, the bank's asset was Rp 12.8 billion. By the time he left BCA in 1990, it was already a juggernaut institution with assets valued at more than Rp 5 trillion.
Convinced that he had what he need to walk his own road, he formed Lippo Group. Over the years, the group diversified in financial services (banking, investment, securities, insurance, asset management and mutual fund), property (satellite cities, housing, condominium, shopping malls, office buildings, and industrial sites), and infrastructure (power plants, gas production, roads, sanitation, and communication), which is largely handled by Lippo Group Hong Kong office, controlled by his son Stephen Riady.
In one of his pet projects, Lippo Karawaci, where he also reside along with son James Riady, he built Gleneagles Hospital from Singapore, Sekolah Pelita Harapan, and Supermal along with world class facilities.
In 1996, Lippo Group acquired 50% of retailer Matahari owned by Hari Darmawan.
Mr. Riady also hold a central position as Senior Advisor to Ma Chung University.
He has made substantial donations to the DNC.
According to CNN, "President Clinton met twice with Riady at the White House, and belatedly acknowledged receiving a detailed letter from him that pressed Clinton to establish formal relations with Vietnam and to renew most-favored-nation trading status with China, among other issues."
His son, James Riady, is the chairman for Ind

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Mochtar Riady & Family Latest News

Jakarta's violent identity crisis: behind the vilification of Chinese-Indonesians

These individuals tended to be Chinese immigrants.” Among the most prominent is Mochtar Riady who founded the Lippo Group, a conglomerate in real estate, banking, healthcare and natural resources reputedly worth more than $10bn. Sudono Salim, once ...
Posted: November 25, 2016, 7:22 pm

Indonesian Billionaire Riady Wants to Rebuild Banking Empire Online

Indonesian billionaire Mochtar Riady is seeking to rebuild his banking empire almost 20 years after the Asian financial crisis prompted him to back away and focus on real estate. This time, it’s not going to be a brick-and-mortar operation, but a digital ...
Posted: October 6, 2016, 3:12 pm

Chinagate and the Clintons

John Huang, Mochtar Riady, and James Riady In 1996, John Huang would raise $3.4 million for the Democratic Party. More than half of this money was returned because some of these donations were foreign. In 1980, John Huang met Mochtar Riady at an event in ...
Posted: October 5, 2016, 5:17 pm
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