Djoko Susanto: Djoko Susanto Net Worth, Biography, Age, Spouse, Children & More

About Djoko Susanto

Indonesian magnate Djoko Susanto, who rose to prominence as a billionaire in 2011, is renowned for transforming Alfamart into a retail powerhouse. Born in 1950 and self-made from a young age, Susanto navigated challenging educational barriers before embarking on his entrepreneurial journey. His partnership with Putera Sampoerna propelled his business ventures, culminating in a dominant 65% stake in Alfa Supermarket. Steering PT. Sumber Alfaria Trijaya Tbk, Susanto's empire boasts over 5,500 stores, securing his status among Indonesia's top 25 richest in 2011.

Born

February 09, 1950 in Jakarta, Indonesia

Age

76 years

Source Of Wealth

Supermarkets

Industries

Fashion & Retail

Citizenship

Indonesia

Residence

Jakarta

Djoko Susanto, born Kwok Kwie Fo on February 9, 1950, is an Indonesian entrepreneur and successful businessman. He is the sixth out of 10 siblings and faced challenges in his early education due to a government policy prohibiting Chinese-sounding names in public schools. To continue his studies, he changed his name and began managing his parents' stall at Pasar Arjuna at the age of 17. Starting with groceries, he later expanded to selling cigarettes and opened more stalls, eventually catching the attention of clove cigarette tycoon Putera Sampoerna.

Djoko Susanto: Family

There is no information provided about Djoko Susanto's family in the given context.

Djoko Susanto: Career Highlights

Djoko Susanto's career highlights include partnering with Putera Sampoerna in the cigarette and retail business until 2005. When Sampoerna sold his businesses to Altria, Altria later sold its retail business shares to Northstar. Susanto then bought these shares from Northstar, gaining a major 65% share. He developed the retail business into Alfa Supermarket, which is now known as PT. Sumber Alfaria Trijaya Tbk. The company operates over 5,500 stores under various brands, including Alfamart, Alfa Express, Alfa Midi, and Lawson.

Djoko Susanto: Companies

Djoko Susanto is associated with the following companies:

PT. Sumber Alfaria Trijaya Tbk
Alfamart
Alfa Express
Alfa Midi
Lawson

Djoko Susanto: Major Achievements

Djoko Susanto's major achievements include becoming the 25th wealthiest person in Indonesia in 2011 and rising to the 17th rank in early 2012. However, he dropped to the 20th position by November 2012.

Djoko Susanto: Awards & Achievements

There is no information provided about Djoko Susanto's awards and achievements in the given context.

Djoko Susanto: Personal Life & Legacy

There is no information provided about Djoko Susanto's personal life and legacy in the given context.

Djoko Susanto: Trivia

Djoko Susanto is known as a new billionaire of Indonesia since 2011 and is the former owner of Alfamart, a successful retail business with a mini-marts concept.

Wealth History

Timeline

February 9, 1950

Djoko Susanto (born Kwok Kwie Fo) was born.

1967

Started managing his parents' stall at Pasar Arjuna at age 17.

2005

Partnered with Putera Sampoerna until 2005.

2005

Sampoerna sold his cigarette business and retail business share to Altria.

2005

Altria sold its retail business shares to Northstar.

2005

Susanto bought the shares from Northstar, owning a major 65% share.

2011

Became the 25th wealthiest person in Indonesia.

Early 2012

Rose to 17th rank in early 2012.

November 2012

Dropped to 20th rank by November 2012.

Djoko Susanto : FAQs

What is Djoko Susanto's current net worth?

Djoko Susanto's current net worth is $2.22 billion.

What is Djoko Susanto's current global rank among billionaires?

Djoko Susanto holds the 1865th position globally among billionaires.

What is Djoko Susanto's current ranking within the Indonesia?

Djoko Susanto holds the 21st position in Indonesia.

What was the change in Djoko Susanto's net worth compared to the previous year?

Djoko Susanto's net worth decreased by 679.95 million dollars compared to the previous year 2025, when his net worth was 2.90 billion dollars.

What is the recent change in Djoko Susanto's net worth?

Djoko Susanto's net worth increased by 24.75 million dollars recently, a 1.11% increase, with his net worth standing at 2.22 billion dollars.

What are Djoko Susanto's main sources of wealth?

Djoko Susanto's main source of income comes from Supermarkets.

In which industry does Djoko Susanto primarily operate?

Djoko Susanto is primarily involved in the Fashion & Retail industry.

How old is Djoko Susanto?

Djoko Susanto is 76 years old.

How many children does Djoko Susanto have?

Djoko Susanto has 5 children.

Who is Djoko Susanto?

Djoko Susanto, originally born Kwok Kwie Fo, is a prominent Indonesian entrepreneur and businessman, recognized as a billionaire in the country since 2011 and the former owner of the Alfamart retail chain.

What is Djoko Susanto's background in business?

Djoko Susanto began his entrepreneurial journey by managing his parents' stall at Pasar Arjuna, starting at the age of 17. He later expanded his business to include cigarettes and opened more stalls, eventually catching the eye of clove cigarette magnate Putera Sampoerna and partnering with him.

How did Djoko Susanto develop his retail business?

After partnering with Putera Sampoerna until 2005, Djoko Susanto continued to grow his business empire. When Sampoerna sold his business shares, Susanto eventually bought back the retail portion from Northstar and developed it into Alfa Supermarket, running over 5,500 stores under brands like Alfamart and Alfa Midi.

What challenges did Djoko Susanto face in his early education?

Djoko Susanto faced educational barriers in his childhood, having only reached the 1st grade due to a government policy that prohibited Chinese-sounding names in public schools. He was forced to change his name to continue his education.