Mochtar Riady Net Worth is
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Mochtar Riady (Chinese: ae??ae??ae-?) is a Chinese Indonesian financial magnate in Southeast Asia. He is the founder and Chairman of Lippo Group. He is also the Chairman of the Asian Bankers Association. Born in 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.
His son, James Riady, is the CEO for Indonesia's operations, and his son Stephen Riady is the CEO for Asia's operations.

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Mochtar Riady Latest News

Why Chinese-Indonesians don’t have to hide any longer

Among the most prominent is John Riady, 31, the grandson of Mochtar Riady who founded the Lippo Group as Lippo Bank in 1948. John has helped diversify its business into property, insurance, media and technology, and grown its a presence in China ...
Posted: September 9, 2016, 9:08 pm

Asian tycoons near final battle in war for Singapore's F&N

Forbes says Charoen is worth $6.2 billion. His rival, Riady, is also president of the Lippo group founded by his father Mochtar Riady. Charoen has extended the deadline of his previous offer seven times and the Overseas Union group twice. The multiple ...
Posted: January 20, 2013, 6:18 pm

Singapore watchdog calls for F&N auction

A takeover contest between Thai billionaire Charoen Sirivadhanabhakdi (photo above) and Indonesian tycoon Mochtar Riady has dragged on since then, with both parties seeking several extensions of deadlines to table their final offers. “The council ...
Posted: January 15, 2013, 9:35 pm
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