Aloke Lohia Net Worth

Aloke Lohia is an Indian-born plastics tycoon who was born in Bangkok, Thailand in 1958. He is the son of an Indian entrepreneur and the younger brother of Sri Prakash Lohia, one of Indonesia's richest billionaires. He runs Indorama Ventures, the world's largest polyester company by capacity, which has a revenue of $7.3 billion. In order to expand its global footprint, Indorama has been on an acquisition spree, including the purchase of BP's petrochemicals plant in Alabama. Lohia is also bullish on his country of origin and formed a joint venture with India's Dhunseri Petrochem to make polyester resin in eastern India in 2016.
Aloke Lohia is a member of Manufacturing

Age, Biography and Wiki

Birth Day November 27, 1958
Birth Place Bangkok, Thailand, India
Age 65 YEARS OLD
Birth Sign Sagittarius
Residence Bangkok, Thailand
Citizenship India
Education Bachelor of Commerce
Alma mater University of Delhi, 1978
Occupation Entrepreneur
Years active 1979 to date
Organization Indorama Ventures PCL
Known for Founder & Group CEO of Indorama Ventures PCL
Notable work Honorary Investment Advisor to the Government of Thailand in 2011
Home town Kolkata, India
Spouse(s) Suchitra Lohia
Children Three
Website www.indoramaventures.com

💰 Net worth: $2 Billion (2024)

Aloke Lohia, a prominent figure in the manufacturing industry in India, is anticipated to possess an estimated net worth of $2 billion by 2024. As the founder and CEO of the Indorama Corporation, a global petrochemicals and textile conglomerate, Lohia has demonstrated an exceptional business acumen and leadership skills. His prosperous journey in the manufacturing sector has established him as one of the wealthiest individuals in India. With a proven track record of success, Lohia continues to expand his empire and contribute significantly to the economic growth of the country.

2011 $2 Billion
2012 $1.9 Billion
2013 $1.3 Billion
2014 $1.1 Billion
2015 $1.2 Billion
2017 $1.7 Billion
2018 $2.77 Billion

Biography/Timeline

1988

Aloke was educated at Delhi University where he received Bachelor of Commerce degree. He moved to Thailand and has lived in the country for over 20 years, since 1988, during which time he founded Indorama Chemicals (now known as Aurus Specialty Company Limited). This very first Business of Aloke was about turning corncobs into furfural alcohol. The investment was supported by the German Investment Corporation or DEG (Deutsche Investitions- und Entwicklungsgesellschaft). Aloke started Thailand’s first wool Business under the name Indorama Holdings in 1994. Then he started Thailand’s first PET (Polyethylene Terephthalate) Business, Indorama Polymers, in 1995. In February 2010, Lohia delisted Indorama Polymers and simultaneously listed its parent company Indorama Ventures on the Stock Exchange of Thailand.

2011

In 2011, Aloke was appointed an Honorary Investment Advisor to the Government of Thailand. In 2011-2014, Aloke Lohia was recognized one of the Top 40 Power Players by ICIS (Independent Chemical Information Service), the world's largest petrochemical market information provider.

2013

Aloke and Suchitra have three children. Their daughter Aradhana Lohia Sharma graduated magna cum laude in Business Management from Babson College in the United States. Aradhana was married on April 21, 2013 to Kevin Sharma, in Florence, Italy. Their son Yashovardhan Lohia studied Engineering Business Management at the University of Warwick in the U.K. Their youngest son Anuj Lohia is studying Business Management at Babson College.

2014

Indorama Ventures' revenue was approximately $7.5 billion at the end of 2014.