Martua Sitorus

About Martua Sitorus

Martua Sitorus cofounded Wilmar with Kuok Khoon Hong, now also a billionaire, in 1991.

Sitorus stepped off the board of Wilmar, now the world's largest palm oil trader, in July 2018.

He and his brother Ganda cofounded KPN Corporation with interests in palm oil plantations, property development and cement manufacturing.

In partnership with the Ciputra Group, Gama Land is building a township in Medan, North Sumatra.

The family's cement maker Cemindo Gemilang listed its shares in September 2021 raising $77 million. Their hospital company Murni Sadar raised $21.3 million through an IPO in April 2022.