He’s considered to be whoever owns the retail company, Alfamart, which now has 6,000 mini-marts across Indonesia. It was in 2011 when he formally joined Forbes’ list of billionaires. Of Chinese roots, Susanto was born in 1950 in Indonesia. A high school drop-out, Djoko Susanto is now married with five kids. After spending a year in high school, he started handling his parent’s560-foot stall place in a normal market in Jakarta. Eventually, he started selling cigarettes and as time passed by, he was able to open more shops. Along with Putera Sampoerna, a clove cigarette tycoon, they launcheda reduction supermarket chain.
Djoko Susanto Net Worth $1.25 Billion
The two were partners until 2005 when Putera Sampoerna chose to offer his shares to Altria which later sold it to Northstar. Eventually, Susanto purchased the shares from Northstar. By purchasing the shares initially possessed by Sampoerna, Susanto became the biggest shareholder in the business. In 2011, he was the 25th richest guy in Indonesia. A year later, he was named by Forbes as Indonesia’s 20th most affluent guy.