Age, Biography and Wiki
Martua Sitorus was born on 18 February, 1960 in Pematang Siantar, North Sumatra, is a Martua Sitorus is businessman. Discover Martua Sitorus's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 64 years old?
Popular As |
N/A |
Occupation |
Co-Founder, Non Executive Director (since April 2017) of Wilmar International |
Age |
64 years old |
Zodiac Sign |
Aquarius |
Born |
18 February 1960 |
Birthday |
18 February |
Birthplace |
Pematang Siantar, North Sumatra |
Nationality |
North
|
We recommend you to check the complete list of Famous People born on 18 February.
He is a member of famous Founder with the age 64 years old group. He one of the Richest Founder who was born in North.
Martua Sitorus Height, Weight & Measurements
At 64 years old, Martua Sitorus height not available right now. We will update Martua Sitorus's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Martua Sitorus's Wife?
His wife is Rosa Taniasuri Ong
Family |
Parents |
Not Available |
Wife |
Rosa Taniasuri Ong |
Sibling |
Not Available |
Children |
5 |
Martua Sitorus Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Martua Sitorus worth at the age of 64 years old? Martua Sitorus’s income source is mostly from being a successful Founder. He is from North. We have estimated Martua Sitorus's net worth, money, salary, income, and assets.
Net worth |
US$ 1.7 Billion (12 December 2018) |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Founder |
Martua Sitorus Social Network
Timeline
Martua Sitorus (born as Thio Seng Hap, 1960) is an Indonesian businessman and palm oil magnate.
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 built his own palm oil refinery in North Sumatra.
Apart from Wilmar, Martua and his elder brother Ganda Thio co-founded Gama Corporation in 2011, which runs property, cement plant and other businesses through subsidiaries Gama Land and Semen Merah Putih.
Gama itself refer to the names of its founders, Ganda & Martua (Ga-ma).
Gama Corp owns the 64-story Gama Tower which is located at Rasuna Said - Jakarta, Indonesia.
Gama Tower is known as the tallest building in Indonesia.
The Westin Hotel, Jakarta branch, is located on the top floors of this building above the Gama Corporation offices.
The hospital was launched on 12 December 2012 (12/12/2012).
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.
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.
He was once known as the fourth richest person in Indonesia (and #377 in the world), but had decreased to fifteenth by December 2018, according to Forbes.
He and his business partner, Kuok Khoon Hong founded the Singapore-based Wilmar International, the largest palm oil producer in the world.
Wilmar's business activities include oil palm cultivation, oilseeds crushing, edible oils refining, sugar milling and refining, specialty fats, oleochemicals, biodiesel and fertilizers manufacturing and grains processing.
It has over 300 manufacturing plants and an extensive distribution network covering China, India, Indonesia, United States and some 50 other countries.
Martua was born in Pematang Siantar, a town located in North Sumatra, Indonesia.
After finishing high school, he continued to the University of HKBP Nomensen, Medan which was the largest city in North Sumatra, to finish his economic degrees.
During his teenage years, Martua traded fish; when grown up he started his business as a palm oil and mesocarp trader.