James Riady - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore James Riady net worth, age, height, bio, birthday, wiki, and salary! James Tjahaja Riady (Chinese Li Bai / pinyin Li Bai ) (also known by Lie Zen), is the vice chairman of Lippo Group, a large Indonesian conglomerate. He is an Indonesian Chinese national and the son of Mochtar, who founded Lippo. In 2005, Lippo gave control of Lippo Bank over to Khazanah of Malaysia. James has been studying theology since his conversion to evangelical Christianity. In this article, we will discover how old is James Riady? Who is James Riady dating now & how much money does James Riady have?

James Riady Biography

James Riady is one of the most popular and richest Businessman who was born on January 7, 1957 in Jakarta, Indonesia. He co-founded AcrossAsia Multimedia Ltd. with Jim Guy Tucker. Tucker was another Arkansas governor who had to leave the governor’s mansion due to fraud in the Whitewater scandal. They met at Little Rock’s Second Presbyterian Church. They wanted to create the largest Indonesian cable TV network using AcrossAsia Multimedia. It was a failure.

Since converting to Christianity in 1990, Riady has been an avid evangelical. He has established foundations, charities and Christian-inspired schools to spread the message in Muslim-majority Indonesia. Inevitably, his zeal has clashed with conservative Muslim elements in the country. On 23 July 2001, Fortune published an interview in which he espoused his vision of converting poor villages to Christianity.

In 2008, Riady’s close business associate Billy Sindoro, an executive of Riady’s Jakarta-based First Media, was filmed handing bribes to officials of Indonesia’s anti-monopoly agency, the KPPU. Riady and First Media were then in a business dispute with a Malaysian company and the KPPU was deliberating that dispute. Sindoro was later found guilty of corruption. In December 2008, the Riady-owned Jakarta Globe published a sympathetic portrait of Sindoro in prison where he lamented he would not be able to spend Christmas with his family.

Riady’s business career has been marked by corruption scandals. James Riady contributed heavily to the Democratic Party’s 1996 presidential campaign. The United States Senate investigated the financial scandal surrounding the 1996 U.S. Presidential campaign. James Riady was charged and pleaded guilty for campaign finance violations committed by his own corporation and himself. For contributing foreign funds to Democratic Party, Riady was sentenced to 8.6 million U.S. dollars. This is the largest ever fine in a case involving campaign finance.

Riady made his way into the American business community in 1977 when he was convinced by Arkansas banking moguls W. R. Witt, Jackson T. Stephens and the founders of Stephens Inc. (one of America’s most prominent investment banks) to become partners in Stephens’s Worthen Banking Corporation. This was after Riady’s father Mochtar Riady sent him to establish a bank presence in the United States. Mochtar Riady also wanted to help Jimmy Carter’s former budget chief, Bert Lance, with the sale of stock he had in the National Bank of Georgia. However, the deal did not materialize. The Riadys met Bill Clinton, the former governor of Arkansas, through their interactions with Stephens Inc. James and his father signed an agreement with Zenith Electronics in the 1980s to produce color television sets for Indonesia. They also built a large production facility near Jakarta. In 1985, Worthen was accused of facilitating illegal preferential loans of several million dollars to Riady-owned companies. These loans were allegedly channeled through Lippo Finance and Investment (the Riadys’ Little Rock-based business founded in 1983), as well as the Stephenses and Liem Swi Liong, another Chinese Indo-Indonesian businessman sometimes described as Mochtar’s mentor.

Together with Jim Guy Tucker he established a company called AcrossAsia Multimedia Ltd. Tucker, another former Arkansas governor, had been forced to vacate the governor’s mansion in 1996 due to alleged fraud in the Whitewater scandal. The two had met through Little Rock’s Second Presbyterian Church. With AcrossAsia Multimedia they wanted to build the largest cable TV infrastructure in Indonesia using a company called Kabelvision. The venture was unsuccessful.

James Riady Net Worth

James is one of the richest Businessman from Indonesia. According to our analysis, Wikipedia, Forbes & Business Insider, James Riady's net worth $5 Million. (Last Update: January 13, 2024)

James is an avid collector of paintings. He is well-known for spending millions of dollars on a single piece of art he likes. The UPH Painting Museum, located at the Matahari Towers 3rd Floor in Lippo Karawaci, houses a portion of James’ vast collection. It houses more than 700 paintings from both national and international painters, including Raden Saleh. Van Herwerden, etc.

James Riady moved to Los Angeles and established Lippo Bank with the help of Taiwanese banker John Huang. Again the bank lost a lot of money, made a number of bad loans, and violated laws of money laundering. James Riady established ties with Johnny Rayati in 2018 to enter the cannabis business in Washington State.

Ethnicity, religion & political views

Many peoples want to know what is James Riady ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, James Riady's ethnicity is Not Known. We will update James Riady's religion & political views in this article. Please check the article again after few days.

James Riady moved to Los Angeles and established Lippo Bank with the help of Taiwanese banker John Huang. Again the bank lost a lot of money, made a number of bad loans, and violated laws of money laundering. James Riady established ties with Johnny Rayati in 2018 to enter the cannabis business in Washington State.

Who is James Riady Dating?

According to our records, James Riady married to Aileen Hambali . As of January 13, 2024, James Riady’s is not dating anyone.

Height, Weight & Body Measurements

James Riady height Not available right now. James weight Not Known & body measurements will update soon.

In January 2010, the Washington Post revealed how the ‘disgraced’ Riady had received a visa waiver by the Obama Administration to re-enter the US, despite having been banned by the Bush administration. Riady’s old friend, US Secretary of State Hillary Rodham Clinton claimed she had no knowledge of the visa waiver. A State Department official, embarrassed by the Post’s revelation, said “the reality of his past remains a significant obstacle for future travel to the United States.” Riady received a waiver from a rule that forbids entry to foreigners guilty of “a crime involving moral turpitude,” a term that government lawyers generally interpret to include fraud.

Facts & Trivia

James Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Indonesia. James Riady celebrates birthday on January 7 of every year.

Who is Dr Stephen Riady?

Dr Riady was appointed as Executive Chairman of OUE Limited on 9 March 2010. He has been serving as Executive Director of OUE Limited since 30 November 2006, and as the Group Chief Executive Officer (in an expansion of his role as Executive Chairman) on 1 January 2020.

How rich is the Riady family?

Mochtar Riady and Family Net Worth: Mochtar Riady is a Chinese Indonesian financial magnate who has a net worth of $2.7 billion along with his family. The chairman of Lippo Group, Mr. Riady made his comeback among world’s billionaires earlier this year.

What does Lippo Group own?

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.

Who owns OUE Ltd?

OUE Realty Pte. Ltd

What is the meaning of Lippo?

The name Lippo means “lover of horses“. Lippo is a version of Felipe (Spanish, Greek): respelling of Philip.

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