With a net worth of $2.7 billion, Mochtar Riady is a Chinese tycoon from Indonesia who lives with his family.
Mr.
Earlier this year, Riady made a reappearance among the world’s billionaires.
Despite Indonesia’s economic downturn and depreciation of its currency, he remains committed to expanding the group both domestically and internationally.
He is in charge of strategic planning and his two sons oversee the day-to-day operations.
Stephen is in charge of operations in Singapore, while James oversees Indonesian businesses. One of the most significant agreements Riady has made is the acquisition of the U.S.
The tallest building in California is the Bank Tower in Los Angeles.
The cost of the item was $368 million when it was purchased by him last year.
Lippo is expanding its scope beyond real estate to include healthcare, retail, and entertainment sectors.
Riady’s origins, though unlikely, can be traced back to his time spent operating a bicycle store in East Java.