Martua Sitorus

About Martua Sitorus

Birth Year: 1960
Birth Place: Singapore, Singapore, Indonesia
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

Martua Sitorus Net Worth

Martua Sitorus was bornon 1960 in Singapore, Singapore, Indonesia. Sitorus is a cofounder Singapore-listed Wilmar International, an agribusiness firm with a significant palm oil arm. Sitorus stepped down as executive deputy chairman of Wilmar in April 2017 to become a non-executive director. In August 2017, he sold some of his shares in Wilmar to U.S. agribusiness firm Archer Daniels Midland and now owns about a 2% stake. His property arm Gamaland owns Gama Tower, one of the tallest buildings in Indonesia.
Martua Sitorus is a member of Manufacturing

💰 Net worth: $1.36 Billion (Updated at 22 June 2018)

2009 $1.4 Billion
2010 $3 Billion
2011 $2.7 Billion
2012 $3 Billion
2013 $2 Billion
2014 $1.7 Billion
2015 $1.7 Billion
2016 $1.1 Billion
2017 $1.5 Billion
2018 $1.42 Billion

Some Martua Sitorus images

Biography/Timeline

2011

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.

2012

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).

2014

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.