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.