Ciputra
Real Estate

Ciputra Net Worth

Ciputra, born on August 24, 1931 in Jakarta, Indonesia, is an Indonesian real estate developer and the founder of Ciputra Group, one of the largest property companies in the country with projects in 33 cities.
Ciputra is a member of Real Estate

Age, Biography and Wiki

Birth Day August 24, 1931
Birth Place Jakarta, Indonesia, Indonesia
Age 92 YEARS OLD
Birth Sign Virgo
Other names Tjipoetra
Occupation Businessman and philanthropy
Spouse(s) Dian Sumeler
Children 4
Parent(s) Tjie Siem Poe Lie Eng Nio
Relatives Tjie Tjien-Lam/ Lambertus Tjipoetra (Brother) Tjie Tjin-Hok/Bayan Akochi Brother) Tjie Gwat-Beng/Bea Tjipoetra (Sister)

💰 Net worth: $1.1 Billion (2024)

Ciputra, renowned as a prominent figure in the real estate industry of Indonesia, is projected to amass a net worth of $1.1 billion by 2024. With his exceptional entrepreneurial expertise and visionary approach, Ciputra has played a significant role in transforming the urban landscape of the country. As a shrewd developer, Ciputra has successfully led numerous lucrative real estate ventures, ranging from residential, commercial, and industrial projects, thereby establishing himself as a trusted name in the industry. His net worth, a testament to his exemplary achievements and influence, reflects his enduring contribution to the growth and prosperity of the Indonesian real estate sector.

2013 $1.5 Billion
2014 $1.3 Billion
2015 $1.8 Billion
2016 $1.5 Billion
2017 $1.6 Billion
2018 $1.4 Billion

Biography/Timeline

1944

He spent his childhood days in Parigi. His Father Tjie Siem Poe was arrested by unknown Soldiers during Japanese occupation of the Dutch East Indies as he was accused of being spy, and never returned again, in 1944. He spend his primary and high school days in Manado. After graduating from high school, he moved to Bandung where he enrolled to Bandung Institute of Technology. During his fourth year of study, he set up an Architectural firm with his friends. He graduated from Bandung Institute of Technology in 1960.

1961

He established PT Pembangunan Jaya in 1961, after he Earned his bachelor's degree in engineering from Bandung Institute of Technology (ITB). At the beginning, PT Pembangunan Jaya (As known as Jaya Group) has operated only by five people, but it has 20 subsidiaries with 14,000 employees 20 years later. One of PT. Pembangunan Jaya innovation was the construction of the Taman Impian Jaya Ancol (TIJA) project. Therefore, in Ciputra most project are engaging with Jaya Group as their main contractor, Architect or mechanical engineering consultant.

1971

In 1971, the second development group was established. The Metropolitan Group (PT. Metropolitan Development) is based in Depok, Indonesia. The company consists of forty six companies. PT. Metropolitan Development operates as a holding company and through its subsidiaries engages in real estate, hotel, shopping center, industry, tourism, trading, and health care.

1981

And finally, Ciputra established Ciputra Group as a family Business in 1981. The company was established on 22 October 1981 under the name of PT Citra Habitat Indonesia. However, on 28 December 1990, the company changed its name to PT Ciputra Development which is used until now. Which by the late 1990s, the company consisted of forty Business in the property and Finance sectors.

1998

During the 1998 Asian Financial Crisis that hit Indonesia hard, many bond and stock Investors of Ciputra's publicly owned companies suffered financially as the value of their Investments plummeted, resulting in some of those companies becoming insolvent. To overcome the crisis, he sacrificed his assets and settled his obligation to the Investors. Hereinafter, he was restructuring his companies and expanding to all over Indonesia as well as 3 other countries, Vietnam, Cambodia and China. Nowadays he is known as one of successful entrepreneurs in Asia with his 9 listed companies and his vision to spread out the entrepreneurship spirit in Indonesia.

Some Ciputra images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.