To trade fish in adolescence to collect millions with a particular product: the story of Martua sitorus

To trade fish in adolescence to collect millions with a particular product: the story of Martua sitorus

February 7, 2025 – 09:00

The Asian tycoon expanded its palm oil empire to sectors such as cement manufacturing, energy and hospitality.

Martua sitorus It is one of the Most outstanding entrepreneurs in Indonesia. His fortune began to take shape from an activity as simple as the Fish trade in your youth. Today, he owns an empire that covers from palm oil to cement, through real estate developments and the hospital industry. Its promotion of local markets to the high spheres of the international business is an example of resilience and business vision.

In 2025, the magnate continues to accumulate wealth through various initiatives that have placed it between The richest men in Asiawith a fortune that exceeds 3.5 billion dollars.

How Millionaire Martua Sitorus became

Born in 1960 in Pematang Siantarin the Sumatra del Norte region, Indonesia, Martua Sitorus began its professional career in a very different area from the big businesses. In his adolescence, exchanged fish in his hometowna first approach to trade that, over time, would be transformed into a millionaire career.

After finishing their studies in economics in the HKBP NOMENSEN Universityin Medan, the young Indonesian He entered the world of oilsstarting its path as a merchant of products derived from La Palma and Mesocarpio, a project that would become its ticket towards success.

Next to his partner, Kuok Khoon HongWilmar International co -founded in 1991, a commercial giant specialized in this area. Over the years, the company grew rapidly until become the largest world producer in your sectorwith more than 300 manufacturing plants and a distribution network that covers countries such as China, India, Indonesia and the United States, among others. In addition to the production and refining of edible oils, the firm is also involved in the manufacture of biodiesel, fertilizers and special fats.

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The creation of Wilmar International has been key in the consolidation of the Empire of Sitorus, transforming its vision of the oil palm into a global leader in the market.

The creation of Wilmar International has been key in the consolidation of the Empire of Sitorus, transforming its vision of the oil palm into a global leader in the market.

The growth of Wilmar It was so great that in 2013, the initiative already possessed more than 50 companies under their wing. Although Martua ceased to be part of the Board in 2018, the legacy of his venture continues. The diversification of your investments has been key to consolidating your fortune. Apart from its business in palm oil, it has ventured into the real estate sector, the manufacture of cement and the hospital industry, with properties and projects both in Indonesia and internationally.

How much is Martua Sitorus’s heritage in 2025

Over the years, Martua Sitorus has managed 3.5 billion dollarswhich places it in the 997th position of the global ranking. His fortune comes mainly from his participation in Wilmar International, but also from his investments in other industries such as cement, real estate and health.

Source: Ambito

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