Sri Prakash Lohia

About Sri Prakash Lohia

Birth Day: August 11, 1952
Birth Place: London, United Kingdom, Indonesia
Birth Sign: Virgo
Residence: London, England
Citizenship: Indonesian
Education: Bachelor of Commerce
Alma mater: University of Delhi, 1971
Occupation: Entrepreneur
Known for: Founder and chairman, Indorama Corporation
Spouse(s): Seema Lohia
Children: Two
Parent(s): Mohan Lal Lohia Kanchan Devi Lohia
Website: www.indorama.com

Sri Prakash Lohia Net Worth

Sri Prakash Lohia was bornon August 11, 1952 in London, United Kingdom, Indonesia. Sri Prakash Lohia made much of his fortune producing a basic component used to make plastic bottles. He and his father immigrated to Indonesia, where they co-founded Indorama as a maker of spun yarn in 1976. It is now a petrochemicals powerhouse making a range of industrial products, including polyethylene, polypropylene and medical gloves. Lohia remains chairman but lives in London and has handed reins largely to son Amit, who runs the business on a daily basis. The company is expanding in Africa where it has a factory in Nigeria that produces fertilizer.
Sri Prakash Lohia is a member of Manufacturing

💰 Net worth: $7 Billion (Updated at 22 June 2018)

2011 $2.1 Billion
2012 $2 Billion
2013 $3.4 Billion
2014 $3.5 Billion
2015 $4.7 Billion
2016 $4.2 Billion
2017 $5.4 Billion
2018 $7.07 Billion

Awards and nominations:

In 2012, Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.

Biography/Timeline

1952

Lohia was born in Kolkata on 11 August 1952 to Mohan Lal Lohia and Kanchan Devi Lohia. He has three brothers—Om, Ajey (original name Ajay Prakash), and Aloke (original name Alok or Anil Prakash)—and one sister—Aruna.

1971

Lohia graduated from the University of Delhi in 1971 with a bachelor's degree in Commerce.

1973

In 1973, Lohia moved to Indonesia with his Father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976.

1974

Lohia hails from India but has spent the majority of his professional life in Indonesia since 1974. In 2013, Forbes ranked him as the 6th richest person in Indonesia with a net worth of US$3 billion.

1980

The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the Future. Sri Prakash’s elder brother Om Prakash moved to India and set up Indorama Synthetics. Aloke, Sri Prakash’s younger brother, went to Thailand to found Indorama Holdings, which is a wool yarn Producer.

1991

In 1991, Indorama Synthetics Diversified into the manufacture of polyester fibers and then polyester bottle-grade (PET) resins in 1995.

2006

In 2006, Lohia acquired an integrated olefin plant in Nigeria, which is today the largest petrochemical company in West Africa and the second largest olefin Producer in Africa.

2012

In 2012, Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.

2013

He stated in 2013 that he dislikes playing golf and uses the treadmill to stay in shape.

2015

In 2015, the Lohia family was one of the 50 wealthiest families in Asia.

2019

Lohia is one of the world’s largest Collectors of old books and lithographs. He has the world’s second largest collection of colored lithographs. He is working on an ambitious project of digitizing all his lithographs and those at other leading libraries around the world. They are being uploaded on www.splrarebooks.com.