Mochtar Riady Net Worth: Forbes Cut the Family Total Nearly in Half in 2026
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6 min read
Mochtar Riady's net worth was $3.75 billion as a family total, per Forbes' "Indonesia's 50 Richest 2025" list, published 10 December 2025, ranking the Lippo Group founder's family 20th nationally. By 4 May 2026, the same publisher's real-time tracker, cited by Iconic Billionaires and last refreshed 30 August 2026, showed the family at $2.1 billion, global rank #2,023 and 24th in Indonesia. That is close to a 44% drop inside one publisher's own numbers, at 97 years old, with sons James and Stephen now running the conglomerate day to day.
Forbes' "Indonesia's 50 Richest 2025" list, published 10 December 2025, placed "Mochtar Riady & family" 20th nationally at $3.75 billion. Like most conglomerate entries in this series, that is a family listing, not Mochtar's personal share; Lippo Group's operations are run day to day by his sons James (US ventures, Meikarta, the group's political relationships) and Stephen (the Singapore-listed property arm).
Forbes' own real-time tracker has since shown a materially lower number. Iconic Billionaires, which republishes Forbes' Real-Time Net Worth figures with a date, put the family at $2.1 billion as of 4 May 2026, global rank #2,023 and 24th in Indonesia, a page it says was last refreshed 30 August 2026. Both figures come from the same publisher, Forbes, so this is a legitimate within-tracker before-and-after rather than two trackers being compared. No dated Bloomberg Billionaires Index figure naming Mochtar Riady or the Riady family individually was found despite several searches; Bloomberg's own Indonesia rankings, as reported elsewhere in this series, name only Sukanto Tanoto, Prajogo Pangestu, Low Tuck Kwong, Robert Budi Hartono and Tahir among Indonesians it prices, not the Riadys, stated plainly rather than assumed.
| Date | Publisher | Figure | Rank |
|---|---|---|---|
| 10 December 2025 | Forbes, "Indonesia's 50 Richest 2025" | $3.75 billion | 20th in Indonesia |
| 4 May 2026 (page refreshed 30 August 2026) | Forbes Real-Time Net Worth, via Iconic Billionaires | $2.1 billion | #2,023 global, 24th in Indonesia |
Lippo Group has no single stock this series can point to. Mochtar Riady, born 12 May 1929 in Malang, East Java, built his career in banking before the 1997 Asian financial crisis and later founded Lippo Group as a diversified conglomerate now spanning property, retail, healthcare, media and education, with more than 50 companies under the group umbrella per Indonesian business press.
Two listed pieces sit inside that empire. PT Lippo Karawaci Tbk (LPKR), the property arm, has spent 2026 trimming its stake in hospital operator Siloam International Hospitals (SILO), including a tender-offer sale of 18.57% for Rp6.9 trillion in cash, cutting LPKR's holding to 29.09%, per Indonesian market reporting. Separately, OUE Commercial REIT, the Singapore-listed vehicle run by Mochtar's son Stephen, controls landmark office towers including a roughly 68% effective stake in One Raffles Place, valued near S$1.9 billion (about $1.9 billion) as of end-December 2025, per Forbes (Jonathan Burgos, 19 February 2026). Neither LPKR nor SILO appears in NetWort's curated ticker universe, checked against frontend/scripts/curated-tickers.mjs and backend/app/services/asset_symbol_service.py, so this article mentions both by name and ticker in prose only, with no internal asset links.
The clearest 2026 story is a portfolio pivot at OUE REIT, not a single earnings shock. Forbes reported on 19 February 2026 that OUE REIT was seeking buyers for One Raffles Place, one of Singapore's tallest towers, at a valuation of up to S$2.4 billion. Days later, on 24 February 2026, OUE REIT agreed to buy a 19.9% stake in Sydney's Salesforce Tower from Mitsubishi Estate for A$357.2 million, its first entry into the Australian market, a deal that closed 16 March 2026 per the companies' own announcement. Read together, the family's Singapore-anchored property arm spent early 2026 rotating out of one flagship Singapore asset and into a first Australian one, a portfolio move rather than a straightforward gain or loss.
A 44% swing inside one publisher's own tracking is unusually large for this series, but it is explainable rather than mysterious: a December annual list values a private conglomerate once a year, while a real-time tracker adjusts continuously for the listed pieces it can price, LPKR and SILO among them, and both have moved through 2026 as Lippo Karawaci sold down its hospital stake. What is not knowable from any public source is Mochtar's own share of either figure; the family total sits across a 97-year-old founder and two sons who run different halves of the business, and no publisher this series found splits the number between them the way Forbes did for one Karim brother in this series' Bachtiar Karim profile.
An elderly founder, a family total instead of a personal figure, and a large single-tracker swing driven by real, dated asset sales rather than a market crash: treat the family figure as a snapshot of Lippo Group's price-able assets, not Mochtar Riady's personal balance sheet.
For more on how age, succession and family listings complicate a headline net-worth number elsewhere in this series, see: