Martua Sitorus

$3.48B
$2.7M (0.1%)
as of 04/29/25

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 2018.

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

In partnership with the Ciputra Group, KPN's property arm Gama Land built a township in Medan, North Sumatra in 2024.

The family's cement maker Cemindo Gemilang listed its shares in 2021 raising $77 million. Their hospital company Murni Sadar raised $21 million through an IPO in 2022.

Personal stats

Citizenship

Indonesia

Source of wealth

Palm oil

Residence

Singapore, Singapore

Marital status

Married

Birth date

02/18/60 (age 65)

Number of children

4

Self-made

self-made

Martua Sitorus’s fortune is worth

58K

troy ounces of gold

53K

median U.S. household

35K

median U.S. income

0.07%

U.S. credit card volume

0.014%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

His business partner Kuok Khoon Hong is the nephew of revered Malaysian businessman Robert Kuok.

Net worth over time

Real-time ranking

Financial assets

INDONESIA | CMNT-ID

Cemindo Gemilang

INDONESIA | MTMH-ID

Murni Sada

INDONESIA | PBRX-ID

Pan Brothers

SINGAPORE | F34-SG

Wilmar International Ltd

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