Name:

Djoko Susanto

Date of Birth:

1950

Country of Birth:

Indonesia

Country of Residence:

Indonesia

Source of Wealth:

Supermarkets

Marrital Status:

Married

Children:

5

Djoko Susanto Net Worth USD: $1,425,000,000 - $1,575,000,000

2020 Mean Estimate USD:

$1,500,000,000

Djoko Susanto Biography

Born in Jakarta , the sixth of ten children, Djoko was forced to drop out of school at the end of the 1st grade due to the government banning students with Chinese names. He began working on his family’s market stall, selling groceries in Pasar Arjuna market. He quickly became successful when he started selling cigarettes on the stall, opening more stalls, and attracting the attention of Putera Sampoerna, a wealthy cigarette tycoon. They went into business together opening more stalls.

They split amicably in 2005, and eventually, Djoko would take on the running of his former partner’s retail business gradually expanding under brands including Alfamart, Alfa Express and Lawson. Toigether they have more than 16,000 franchises across Indonesia.

Away from retail, Alfaland, his property arm operates the Omega Hotel Management brand.