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Sri Prakash Lohia – Billionaire

Sri Prakash Lohia
Sri Prakash Lohia.jpg
Born 11 August 1952 (age 64)
Calcutta, India
Residence London, England
Citizenship Indonesian
Education Bachelor of Commerce
Alma mater University of Delhi, 1971
Occupation Entrepreneur
Known for Founder and chairman, Indorama Corporation
Net worth $4.2 billion (January 2015)
Spouse(s) Seema Lohia
Children Two
Parent(s) Mohan Lal Lohia
Kanchan Devi Lohia
Website www.indorama.com

Sri Prakash Lohia (born 11 August 1952) is founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.

Lohia hails from India but has spent the majority of his professional life in Indonesia since 1974. In 2013, Forbes ranked him as the 6th richest person in Indonesia with a net worth of US$3 billion.

Early life

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.

College

Lohia graduated from the University of Delhi in 1971 with a bachelor’s degree in Commerce.

Career

In 1973, Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976. In 1991, Indorama Synthetics diversified into the manufacture of polyester fibers and then polyester bottle-grade (PET) resins in 1995.

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.

Indorama Corporation is Lohia’s principal holding company, which is based in Singapore.

In 2012, Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.

In 2013, SPL has been place at number 395 in Forbes list of Billionaires with a net worth of $3.4B.

Source:wikipedia

 

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