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Djoko Susanto
Djoko Susanto Net Worth is $1,400 $Million. 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. Djoko Susanto (born 1950) was an entrepreneur, successful businessman and well...

Djoko Susanto Net Worth is $1,400 $Million.

Djoko Susanto Net Worth is $1,400 $Million. Djoko Susanto was an entrepreneur, successful businessman and well known as new billionaire of Indonesia since 2011. Djoko was the owner of Alfa Djoko Susanto 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 . 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...
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Djoko Susanto Latest News

Sigmantara Sells Stake in Sumber Alfaria

Djoko Susanto, General Director of Sigmantara Alfindo, disclosed that the January 3 transaction is for further divestment. Sigmantara now controls 53.68 percent stake in Sumber Alfaria, from 74.66 percent in 2010. Previously, the company also sold 15.46 ...
Posted: January 10, 2012, 4:00 pm

Indonesia's Newest Billionaire

At age 17 Djoko Susanto started managing his parents’ modest 560-foot stall inside Pasar Arjuna, a traditional market in Jakarta. The stall, called Sumber Bahagia (“source of happiness”), sold groceries at the time, but soon Djoko decided there was a ...
Posted: November 24, 2011, 5:57 pm

Comments: Alfamart boss richer than Bakrie: ‘Forbes’

Djoko Susanto, the boss of retail firm PT Sumber Alfaria Trijaya, better known as Alfamart, has rocketed onto the list of Indonesia’s new millionaires with total wealth exceeding that of tycoon Aburizal Bakrie, Forbes magazine revealed on Thursday.
Posted: November 30, 2011, 4:00 pm

Alfamart Outlets Up 42.67% in 2010

The expansion is in line with the growth of the consumer sector. Sumber Alfaria President and Director Feny Djoko Susanto said that customers prefer the minimarket's efficient and comfortable shopping place. The state-owned airline company has spent Rp 3 ...
Posted: January 19, 2011, 4:00 pm

Indonesia Chases China As Middle-Class Consumption Soars

Safely ensconced in Hong Kong, where he was on vacation, an Indonesian-Chinese retailer named Djoko Susanto could have sat tight. Instead, he flew home to defend his four supermarkets from the mob. As he transited Singapore, where planes were ...
Posted: May 1, 2012, 6:26 pm
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