Mochtar Riady: My Life Story
Mochtar Riady: My Life Story provides an unprecedented look at the life of one of Southeast Asia's most respected business titans. Internationally recognised for his professional achievements and passion for philanthropy, Dr. Riady serves as a stunning example of how personal philosophy merges with business acumen to create extraordinary success. From revitalising Bank Central Asia and founding the globally-successful Lippo Group, to founding the Mochtar Riady Institute for Nanotechnology and the Pelita Harapan University, Dr. Riady has done it all. He has his hands in finance, property, infrastructure, telecommunications, retail, e-commerce, biomedical research and all aspects of business; he has written about his experiences building a diversified business conglomerate, but never before has he told the whole story.
This book details the making of the man. His successes are well-known around the globe, but the essential common factors between them all are Dr. Riady's personal philosophy and intrinsic motivations. To learn from him, you must know him — and this book puts you front and centre for the most critical parts of his life.
- Learn how Dr. Riady came to be known as the "bank crisis specialist"
- Track the founding and development of the Lippo Group business empire
- Discover how Dr. Riady turned his fortune into medical and educational advances
- Delve into the philosophy behind business success and philanthropy
As other banks crumbled, Lippo Bank flourished with Dr. Riady at the helm. He started the Lippo Group as a financial services organisation, and ended up founding a township consisting of commercial and residential districts, a university and a hospital. Dr. Riady thinks big – that much is clear – but how is he able to turn such far-reaching goals into reality with what looks like relative ease? Mochtar Riady: My Life Story invites you inside the mind of a titan to learn how success is made.
About the Author xxvii
Historical Background: Indonesia Gains Independence xxxiii
The First Period: 1929–1950 1
Chapter 1 Hardship and Suffering 3
The Second Period: 1951–1970 23
Chapter 2 Touring Java and Establishing a Business in a Developing Indonesia 25
The Third Period: 1971–1990 59
Chapter 3 Developing a Business Amid the Great Tide of Globalisation 61
Chapter 4 Expanding Beyond the Shores of Indonesia 94
Chapter 5 The Rise of Lippo Bank 114
Chapter 6 Acquiring New Assets 160
The Fourth Period: 1991–2010 181
Chapter 7 The Challenge of China and the Chinese Century 183
Chapter 8 The Lippo Group Expands into New Territory 205
Chapter 9 My Faith 246
Chapter 10 The Importance of Investing in Education 253
Chapter 11 Family is Our Future 277
The Fifth Period: 2011–Present 299
Chapter 12 Becoming a Role Model for My Children and Grandchildren 301
Mochtar Riady’s Life Journey 313