Billionaire Profile
Sri Prakash Lohia
Global Rank
#416

Image: Amit Lohia. Thomas Sumartono at English Wikipedia | CC BY-SA 3.0 | via Wikimedia Commons

Sri Prakash Lohia

CEO, Petrochemicals
INDONESIA
Real-Time Net Worth
$8.381B
Estimated based on Petrochemicals stock value as of March 6, 2026
+0.08% (24h)
Age
73
Source
Petrochemicals
Industry
Diversified
Citizenship
INDONESIA

Biography

Sri Prakash Lohia, an Indian-born Indonesian billionaire, is the founder and chairman of Indorama Corporation, a global leader in the petrochemical and textile industries. Born in Kolkata, India, on August 11, 1952, Lohia moved to Indonesia in 1973 with his father, where they established Indorama Synthetics. His career has been marked by strategic expansion, including acquiring a significant olefin plant in Nigeria, now the largest petrochemical company in West Africa. As of November 2024, his net worth is estimated at $8.7 billion. Known for his business acumen and philanthropic efforts, Lohia has built an industrial empire with operations across Southeast Asia and North America. He is also a renowned collector of rare books and lithographs.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Sri Prakash Lohia was born in Kolkata, India, on August 11, 1952. He came from a business-minded Marwari family. Growing up in India, he developed an early interest in commerce and trade. He earned a bachelor's degree in Commerce from the University of Delhi.

Rise to Success

In 1973, at the age of 21, Lohia, along with his father Mohan Lal Lohia, moved to Indonesia. They founded Indorama Synthetics in 1976, which started manufacturing spun yarns. The company diversified into polyester fibers and PET resins. In the late 1980s, the business was divided among his brothers. Sri Prakash remained in Indonesia to manage PT Indo Rama Synthetics. He expanded the company, which later went public.

Key Business Strategies

A pivotal moment in Lohia's career was the acquisition of an integrated olefin plant in Nigeria in 2006, making it the largest petrochemical company in West Africa. This expansion significantly broadened Indorama Corporation's global presence. His business strategy includes a focus on innovation, infrastructure, and environmental responsibility, contributing to sustainable growth.

Philanthropy

Lohia's companies and foundation are active in education, health, social development, and environmental efforts. He supports building local medical centers and provides medical check-ups for low-income families.

Career Milestones

1973

Moved to Indonesia

Relocated to Indonesia with his father and started Indorama Synthetics.

1976

Founded Indorama Synthetics

Established Indorama Synthetics, which began manufacturing spun yarns.

1990

Indorama Synthetics went public

The company was listed on the Indonesian stock exchange.

2006

Acquired Olefin Plant in Nigeria

Acquired an integrated olefin plant in Nigeria, expanding the company's reach.

2012

Pravasi Bharatiya Samman Award

Received the Pravasi Bharatiya Samman Award from the Indian government.

Philanthropy & Social Impact

Health

Support for medical centers and hospitals

Undisclosed

Significant financial support for building local medical centers and hospitals in Indonesia.

Health

Medical check-ups for low-income families

Undisclosed

Provides facilities for monthly medical check-ups for poor families in Indonesia.

Business Philosophy & Leadership

Notable Quotes

"« Indonesia is where it all began for us. The people of this country and company are the ones who make the real difference »"

Leadership Principles

Sustainable Growth

Focusing on innovation, modern infrastructure, and environmental responsibility.

Creating Value in Emerging Markets

Expanding Indorama into Africa and other developing economies.

Empowering Local Workforces

Fostering long-term partnerships and empowering local communities.