Martua Sitorus

Martua Sitorus (#1208)

Global Rank #1208

Country Rank #16

Country Indonesia

Martua Sitorus is listed among the world billionaires tracked by Iconic Billionaires.

$ 4 B
Palm oil
Indonesia
M
66 Years

Snapshot

Quick Facts

Global Rank #1,208

Country Rank #16

Net Worth $3.6B

Previous Worth $3.6B

Worth Change +$0.0B

Country Indonesia

Industry Palm oil

Age 66 Years

Gender M

Worth As Of May 4, 2026

Residence Singapore, Singapore

Citizenship Indonesia

World Billionaires List Indonesia Billionaires Palm oil

Profile Data

Personal Stats

Age 66

Source Of Wealth Palm oil, Self Made

Residence Singapore, Singapore

Citizenship Indonesia

Marital Status Married

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $3.6B

Current Net Worth $3.6B

Worth as of May 4, 2026

About Me

Martua Sitorus cofounded Wilmar with Kuok Khoon Hong, now also a billionaire, in 1991. Sitorus stepped off the board of Wilmar, one of the world's largest palm oil traders, in 2018. He and his brother Ganda cofounded KPN, formerly known as Gama, 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.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Martua Sitorus.

#1189

Billionaires (2026)

#23

Indonesia's 50 Richest (2025)

Insights

Did You Know?

A former economics student, Sitorus traded shrimp as a teenager, then switched to palm oil.

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

Wealth Growth

Net Worth Growth Over Time

Tracking Martua Sitorus's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $3.6B (May 4, 2026)