Sri Prakash Lohia (born 11 August 1952) is an Indian-born Indonesian billionaire businessman, and the founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.
Sri Prakash Lohia | |
|---|---|
 | |
| Born | 11 August 1952 Calcutta, India |
| Citizenship | Indonesian |
| Education | University of Delhi |
| Occupation | Businessman |
| Known for | Founder and chairman, Indorama Corporation |
| Spouse | Seema Lohia |
| Children | 2 |
| Parent(s) | Mohan Lal Lohia Kanchan Devi Lohia |
| Relatives | Lakshmi Mittal (brother-in-law) Aloke Lohia (brother) Aarti Lohia (daughter-in-law) |
| Website | www |
Lohia hails from India, but has spent the majority of his professional life in Indonesia since 1974.[1] In 2013, Forbes ranked him as the 6th richest person in Indonesia, with a net worth of US$3 billion.[2]
Early life edit
Lohia was born in Kolkata on 11 August 1952 to Mohan Lal Lohia and Kanchan Devi Lohia. He has three brothers—Om, Ajey (original name Ajay Prakash), and Aloke (original name Alok or Anil Prakash)—and one sister—Aruna.[2][3]
Career edit
In 1973, Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976.[4]
The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the future. Lohia's elder brother Om Prakash moved to India and set up Indorama Synthetics. Aloke, Lohia's younger brother, went to Thailand to found Indorama Holdings, which is a wool yarn producer.[4]
In 2006, Lohia acquired an integrated olefin plant in Nigeria, which is today the largest petrochemical company in West Africa and the second largest olefin producer in Africa.[1]
Wealth edit
In 2015, the Lohia family was one of the 50 wealthiest families in Asia.[5]
Personal life edit
Lohia rarely gives interviews or makes public appearances.[6]
Lohia and his wife, Seema Mittal (sister of Lakshmi Mittal), have two children, Amit and Shruti. Amit graduated magna cum laude from the University of Pennsylvania's Wharton School of Business.[7][8]
Lohia is one of the world's largest collectors of old books and lithographs.[9]
Awards edit
In 2012, Lohia was given the Pravasi Bharatiya Samman award (Overseas Indian award) by the President of India.[10]
See also edit
References edit
- ^ a b "Indian-Indonesian Billionaire S. P. Lohia's Turnaround Success In Nigeria". Forbes.
- ^ a b "Sri Prakash Lohia". Forbes.
- ^ "Teach India comes calling to Himachal hills". The Times of India. 11 August 2012. Retrieved 19 July 2018.
- ^ a b Balachandran, Manu. "How this synthetics tycoon went from teenage Indian emigrant to one of Indonesia's richest men". Quartz. Retrieved 22 May 2017.
- ^ "Lohia family". Forbes. Retrieved 22 May 2017.
- ^ "Lesson from RI's richest man: Don't break trust". The Jakarta Post. Retrieved 22 May 2017.
- ^ "Amit Lohia".[dead link]
- ^ "Amit Lohia: A young entrepreneur boldly going global". The Jakarta Post.
- ^ "Global polyester king".
- ^ "Pravasi Bharatiya Samman Award List 2012" (PDF).