Age, Biography and Wiki
Birth Year | 1960 |
Birth Place | Singapore, Singapore, Indonesia |
Age | 63 YEARS OLD |
Occupation | Co-Founder, Non Executive Director (since April 2017) of Wilmar International |
Known for | Indonesia's 13th wealthiest people (Aug 2017), 1650th world (Aug 2017) |
Spouse(s) | Rosa Taniasuri Ong |
Children | 5 |
Net worth: $3 Billion (2024)
Martua Sitorus, renowned as a prominent figure in the manufacturing sector in Indonesia, is projected to have a net worth of $3 billion by 2024. With years of experience and a remarkable journey in the industry, Sitorus has successfully established himself as a leader and an influential entrepreneur. Known for his strategic vision and business acumen, he has contributed significantly to the growth and development of the manufacturing sector in Indonesia. As his net worth continues to soar, Martua Sitorus has become an inspiration for aspiring entrepreneurs seeking success in the manufacturing industry.
Biography/Timeline
Apart from Wilmar, Martua and his elder brother Ganda Sitorus co-founded Gama Corporation in 2011, which run property, cement plant and others variety Business trough subsidiary Gama Land and Semen Merah Putih. Gama itself refer to its founder name Ganda & Martua (Ga-ma). Gama Corp owns 64 floor Gama Tower which is located at Rasuna Said - Jakarta, Indonesia. Gama Tower also known as the tallest building in Indonesia.
Martua along with Kuok Khoon Hong, the nephew of Malaysia's richest tycoon Robert Kuok, founded Wilmar International Limited and by 1991 he owned 7.100 hectare of palm tree plantations, and also build his own palm oil refinery in North Sumatra. The Wilmar International Business has grown rapidly; by 2013 Wilmar owns more than 50 other companies with 300 Manufacturing plants around the world. Martua also owns London skycraper Aviva Tower and a hospital in Medan, Murni Teguh Memorial Hospital, which is named after Martua's mother, Murni Teguh. The hospital was launched on 12 December 2012 (12/12/2012).
In 2014, Sitorus also formed a partnership with Roys Poyiadjis to create the largest biofuel power plant in Japan. The plant’s 20 year feed-in tariff is valued at $1.5 billion US dollars.