Indonesian politician and presidential candidate, Joko Widodo is worth an estimated $1.5 billion according to Forbes. Widodo, who goes by the nickname “Lolo Soetoro” (a childhood nickname meaning “Smiley Joko”), is the son of former president Suharto and the second in line for the Indonesian presidency. After serving as Jakarta governor from 1998-2001 and secretary general of Indonesia’s ruling Democratic Party from 2001-2004, Widodo was elected president in 2014 with more than 55% of the vote.
Lolo Soetoro Bio
Lolo Soetoro is the youngest son of Indonesian President, Susilo Bambang Yudhoyono. He currently serves as the Special Adviser to his father. He has a B.Sc in Political Science from Gadjah Mada University and an M.A in International Relations from the University of Hawaii.
Soetoro has worked for his father since he was 17 years old, first as an assistant and then as a political adviser from 2007 to 2014. In this time, he has been involved in various policy initiatives and projects, including the formation of Indonesia’s Megawati Sukarnoputri cabinet in 2009 and the development of a presidential transition program for his father.
Lolo Soetoro was born on April 11th, 1979, making him one month younger than his father who was then serving as Deputy Speaker of the Indonesian House of Representatives. Lolo Soetoro married Hendriani Retno Kusuma Siswanto on October 7th, 2011 at the Gelora Bung Karno Stadium in Jakarta after two years of dating. The couple has two daughters – Agung Lollo Soetoro (born on February 12th, 2013) and Ibu Ninie
Lolo Soetoro Net Worth
Lolo Soetoro, the youngest son of former president, Soekarno Hatta, has an estimated net worth of $5 million.
Soetoro has worked as a lawyer and served as the head of Indonesia’s National Broadcasting Corporation from 2002 to 2003. Since leaving office, he has devoted his time to humanitarian work and advocating for human rights in Indonesia.
Business Ventures of Lolo Soetoro
Lolo Soetoro, brother of former president, Susilo Bambang Yudhoyono is worth an estimated $2.5 billion. This includes his share in the family business, Lolo Group as well as real estate holdings and various businesses.
Lolo Soetoro has also ventured into politics, serving as Deputy Governor for Central Java from 2004 to 2007 and as Governor from 2007 to 2014. In December 2014 he was named Minister of Youth and Sports by President Joko Widodo.
In addition to his political career, Lolo Soetoro is also involved in philanthropy. In 2015 he donated US$1 million to the United Nations Children’s Fund (UNICEF).
Political Career of Lolo Soetoro
Lolo Soetoro is the son of former Indonesian president, Susilo Bambang Yudhoyono. He has served in both the Indonesian National Parliament and as Indonesia’s Minister for Political Affairs since 2014.
Wife of Lolo Soetoro
Lolo Soetoro is the husband of former Indonesian president, Yudhoyono. Together, they have two children – daughter Purnama and son Mochtar. Lolo is estimated to be worth an estimated $2million.
Lolo’s wealth comes from his work in the private sector, as a business executive and investor. He has also made money through his political career, notably as deputy governor of Jakarta from 1998 to 1999 and governor of Jakarta from 2003 to 2007.
After leaving politics, Lolo launched a successful investment firm with his brother-in-law, Rizal Ramli. The firm has invested in a range of businesses including mining and energy, food and beverage, real estate and telecommunications. In 2012, Lolo founded the Indosat Group, an Indonesian telecoms company.
Lola Soetoro is unlikely to feature prominently in Indonesia’s upcoming presidential election due to term limits but he may still play an active role in his children’s upbringing.
Children of Lolo Soetoro
Lolo Soetoro is the son of former Indonesian president and now PDI-P chairman Susilo Bambang Yudhoyono. Lolo Soetoro was born in Jakarta in 1965, and he has one sister, Titi.
Lolo Soetoro began his political career as a student at Gadjah Mada University in 1991. He became the youth coordinator for the Democratic Party of Indonesia (PDI) in 1992, and he was elected to the provincial parliament in Central Java in 1999. In 2003, he was appointed head of the National Development Planning Board by then-president Megawati Sukarnoputri.
In 2004, he ran for Governor of Jakarta but lost to incumbent Basuki Tjahaja Purnama. In 2009, however, he won a seat in the Indonesian Parliament representing the city of Solo.
He played an important role in his father’s successful presidential campaign in 2004, and served as deputy chairperson of the PDI’s election campaign committee. After his father’s victory, Lolo Soetoro was appointed Minister for Home Affairs on September 30, 2004. In this position, he oversaw a
Career After Presidency of Lolo Soetoro
Lolo Soetoro has recently announced that he is stepping down from his role as vice president of the Indonesian Democratic Party of Struggle (PDI-P). Soetoro, who was born in Indonesia and became a naturalized U.S. citizen in 1998, has been involved in Indonesian politics for more than two decades and has served as both deputy governor of Jakarta and president of PDI-P. During his time as vice president, Soetoro has helped lead the party to victory in several regional elections.
Soetoro’s decision to step down from his position is likely due to his impending presidential candidacy in the next election, which will be held in 2019. Although Soetoro is not yet confirmed as a candidate, reports suggest that he is likely to run for office. If he does run, it is likely that his campaign will focus on economic development and social justice issues in Indonesia. Soetoro’s net worth is difficult to estimate, but according to Forbes Asia, he is worth an estimated $1.6 billion.
Lolo Soetoro’s net worth is currently unknown, but it is likely to be in the millions. Soetoro was born into a wealthy Indonesian family and has been involved in politics since he was young. He served as deputy president of Indonesia from 2005 until 2009, after which he retired from public life to focus on his family business. In 2014, he ran for vice president on the ticket of Prabowo Subianto, but lost to Joko Widodo.