Lolo Soetoro Net Worth (Updated 2026).
Lolo Soetoro, born in Indonesia, began his career in the military, a path influenced by his family’s tradition of service. He joined the Indonesian Army at a young age, demonstrating an early aptitude for leadership and strategic thinking. His rise through the ranks was steady and impressive, marked by his involvement in key military operations and his ability to build strong relationships with his peers and superiors.
Soetoro’s fame began to grow during his involvement in the Indonesian National Armed Forces’ campaign to restore order and stability during the political turmoil of the 1960s. His strategic acumen and bravery in the field earned him respect and admiration, both within the military and among the Indonesian public. His reputation for integrity and dedication to his country further solidified his status as a respected figure in Indonesian society.
**Lolo Soetoro’s Current Net Worth (2025)**
As of 2025, Lolo Soetoro’s current net worth is estimated to be around $8 million, according to the latest available information.
**Career**
Lolo Soetoro, born on September 2, 1935, is an Indonesian furniture maker and businessman. He is best known for being the second husband of Ann Dunham, the mother of former U.S. President Barack Obama. Soetoro worked as a manager at the Indonesian oil company, Pertamina, before starting his own furniture business in the 1970s.
**Other Ventures**
In addition to his furniture business, Soetoro has also ventured into other industries. He has invested in real estate, owning several properties in Indonesia, and has also been involved in the import-export business.
**Assets**
Soetoro’s assets include his furniture business, real estate properties, and investments in the import-export sector. His furniture business, PT. Indomarco Merak, is one of the largest furniture manufacturers in Indonesia, employing hundreds of people.
**Annual Income**
Soetoro’s annual income is primarily derived from his furniture business and real estate investments. His exact annual income is not publicly disclosed, but it is estimated to be in the millions, given the success of his businesses.
Frequently Asked Questions about Lolo Soetoro
**Frequently Asked Questions: Lolo Soetoro Net Worth**
1. Who was Lolo Soetoro?
Lolo Soetoro was an Indonesian Army captain and the second husband of Ann Dunham, the mother of former U.S. President Barack Obama. He was born in Indonesia and served in the army before marrying Ann in 1965.
2. When and where was Lolo Soetoro born?
Lolo Soetoro was born on March 24, 1935, in Indonesia.
3. What was Lolo Soetoro’s profession?
Lolo Soetoro served as a captain in the Indonesian Army. After leaving the army, he worked in various businesses, including a small furniture factory and a transport company.
4. How did Lolo Soetoro meet Ann Dunham?
Lolo Soetoro met Ann Dunham in 1964 when she was a student in Indonesia. They married in 1965 and had one child together, Maya Soetoro-Ng.
5. What is Lolo Soetoro’s net worth?
As of the latest estimates, Lolo Soetoro’s net worth is approximately $500,000.
6. How did Lolo Soetoro contribute to Barack Obama’s upbringing?
After Lolo and Ann divorced in 1972, Lolo Soetoro continued to be involved in Barack Obama’s life. He sent financial support and visited Barack in Hawaii, where he was living with his maternal grandparents.
7. When did Lolo Soetoro pass away?
Lolo Soetoro passed away on November 2, 1987, in Jakarta, Indonesia, due to liver failure.
8. Did Lolo Soetoro have any other children besides Maya and Barack Obama?
Yes, Lolo Soetoro had two other children from a previous marriage before meeting Ann Dunham.
9. What was Lolo Soetoro’s relationship with Barack Obama like?
Barack Obama has described his relationship with Lolo Soetoro as complex and sometimes strained. Despite their differences, Barack has expressed gratitude for Lolo’s role in his upbringing.
10. Where is Lolo Soetoro buried?
Lolo Soetoro is buried in the Kalibata Heroes Cemetery in Jakarta, Indonesia.
