Sri Prakash Lohia Net Worth: $8.3 Billion, and a $525 Million Egypt Bet Forbes Hasn't Priced Yet
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Sri Prakash Lohia's net worth was $8.3 billion, per Forbes, as cited by Dataindonesia.id on 5 August 2026, making him the 6th richest person in Indonesia. Born in India in 1952, Lohia moved to Indonesia as a teenager with his father in the 1970s and cofounded Indorama in Purwakarta, West Java, as a spun-yarn maker. It is now a private global materials group spanning fertilizers, petrochemicals and medical gloves, plus a separate, publicly listed Thai company most coverage of his fortune barely mentions. Unlike most fortunes this series has covered in 2026, his has not been riding an AI rally. It has been quietly sliding for months, while the business itself just signed a genuinely new $525 million bet.
| Publisher | Date | Figure | Rank |
|---|---|---|---|
| Forbes Real-Time Billionaires | Around May 2026 | $7.74 billion | #492 world |
| Forbes Real-Time Billionaires (via Indonesian outlets) | End of June 2026 | $8.5 billion | #423 world |
| Forbes Real-Time Billionaires (via Kompas) | Mid-to-late July 2026 | $8.4 billion | 5th richest in Indonesia |
| Forbes (via Dataindonesia.id) | 5 August 2026 | $8.3 billion | 6th richest in Indonesia |
| Bloomberg Billionaires Index (Bloomberg Technoz) | Retrieved 21 August 2026 | $9.1 billion (Rp143.17 trillion) | Not separately dated |
Inside Forbes' own tracker alone, Lohia's figure has drifted gently downward across the middle of 2026, from $8.5 billion at the end of June to $8.3 billion by early August, a slow bleed rather than the sharp drops or AI-driven surges this series has documented for most other 2026 profiles. Bloomberg's separate figure, $9.1 billion, sits roughly $800 million above the closest Forbes number, but no clean snapshot date for it could be found despite searching, so it is shown here only as a standing disagreement, not blended into the Forbes timeline above. Forbes' 2026 World's Billionaires annual list, published 10 March 2026, had ranked him #412 globally.
The core of the fortune is Indorama Corporation, a wholly private, Singapore-headquartered group Lohia chairs: 178 manufacturing sites across 39 countries, more than 51,000 employees and roughly $22 billion in annual group turnover, per the company's own materials. It is the world's 8th largest non-state producer of fertilizers, and the 3rd largest producer of synthetic disposable gloves, alongside petrochemicals, polyolefins and textile raw materials. None of it is disclosed to any stock exchange.
A separate, smaller piece of the fortune is not private at all. Lohia holds a 34% stake in Indorama Ventures PCL, a PET, polyester and packaging maker listed on the Stock Exchange of Thailand (IVL). His brother, Aloke Lohia, holds the other 34% and serves as Vice Chairman and CEO; Sri Prakash Lohia is Chairman. The 34/34 split dates to a 2008 reorganization, when the two brothers' polyester and PET businesses were combined into the Thailand-listed vehicle. IVL's market capitalization was about 123.5 to 131.9 billion Thai baht, roughly $3.7 to $3.9 billion, as of around 10 August 2026 per the SET's own factsheet, a fraction of the size of the private Indorama Corporation empire his tracker figures are mostly pricing.
On 10 April 2026, Indorama Corporation signed an agreement with Egyptian state partner Misr Phosphate to build Indorama Egypt Fertilizers, a $525 million phosphate fertilizer and chemicals complex in the Ain Sokhna Industrial Area of the Suez Canal Economic Zone. The project targets 600,000 tonnes of annual phosphate fertilizer capacity, with 80% earmarked for export, and is expected to generate up to 2,500 permanent jobs once operational, per trade press including World Fertilizer, Baker McKenzie and Zawya, all dated April 2026.
This fortune sits at two disclosure points at once, an unusual shape for this series. Most conglomerate profiles here involve one private holding company sitting on top of one public operating company, such as Anthoni Salim's First Pacific over Indofood and PLDT. Lohia's structure instead splits cleanly into a wholly private empire, Indorama Corporation, standing entirely apart from a separate, minority-disclosed 34% stake in a different public company in a different country. It has more in common with Chairul Tanjung's CT Corp, where different business units sit at different points on the disclosure spectrum simultaneously, than with a single private-holdco-over-one-listed-stake shape. Neither IVL nor any Indorama-affiliated entity appears in NetWort's curated asset list, so it is named here in prose only.
Sri Prakash Lohia's story is a reminder that "how public is this fortune" is not always a single answer. Two pieces of the same person's wealth can sit at opposite ends of the disclosure spectrum, one utterly opaque, one quarterly-reported on a foreign exchange, and a tracker figure built mostly from the opaque side will always carry a wider margin of error than one built entirely from public filings. The same caution applies to any investor's own portfolio: knowing exactly what you hold, and how transparent each holding actually is, matters as much as the headline number. NetWort's portfolio concentration risk piece works through what that transparency gap can cost in practice.