Lippo Group

Lippo Group, (simplified Chinese: 力宝集团; traditional Chinese: 力寶集團; pinyin: Lìbǎo Jítuán) is a multinational conglomerate company located in Indonesia. The company operates internationally providing property development and management services. It was founded by Mochtar Riady. Lippo has a collective presence across Asia and North America. Lippo Group is one of the largest real estate developers in Indonesia, and is known for various large-scale projects such as Lippo Village.

Lippo Group
TypePrivate
IndustryConglomerate
Founded1950 (1950)
FounderMochtar Riady
Headquarters
Jakarta
,
Indonesia
Key people
Mochtar Riady (chairman emeritus)
James Riady (chairman)
ProductsReal estate, media, telecommunications, electronics, property, finance, health, education
ServicesFinancial services, Commercial and residential property development
OwnerRiady family
Subsidiaries

Lippo Group's members Lippo Limited, Lippo Karawaci are listed companies.

Company history
Lippo Centre in Hong Kong

The Lippo Group began with Lippo Bank, later using this as a platform for regional property development projects. In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students.

Lippo Group controls in excess of $15 billion in assets with significant investments in retail, media, real estate, banking, natural resources, hospitality, and healthcare industries. The group's flagship operating platforms include OUE Singapore, Lippo Karawaci Indonesia, Hypermart, Matahari, Siloam Hospitals Indonesia, First REIT, LMIR REIT, Auric Pacific, and Lippo Incheon Development.

Company group

Former holdings

See also

References
  1. "Sejarah Hotel Aryaduta" [History of Hotel Aryaduta]. Aryaduta.com (in Indonesian). Aryaduta. 2011. Retrieved June 23, 2016.
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