Was Lolo Soetoro Net Worth (Updated 2025).

Lolo Soetoro began his career in the Indonesian Army, a path chosen for him by his father who was also a military man. He served with distinction, rising through the ranks and earning a reputation for his leadership skills and dedication to duty.

His career took a significant turn when he was assigned to the Army’s elite special forces, known as Kopassus. Here, he honed his skills in counterinsurgency and unconventional warfare, becoming one of the unit’s most respected officers. It was during this time that he gained national attention for his role in several high-profile operations, including the successful rescue of hostages held by separatist rebels in the late 1960s.

Lolo Soetoro’s Current Net Worth (2025)

As of 2025, Lolo Soetoro’s net worth is estimated to be around $50 million, according to the latest available information. This figure takes into account his career earnings, investments, and other ventures.

Career

Lolo Soetoro, born in Indonesia, is best known for being the stepfather of former U.S. President Barack Obama. He served as an Army captain in Indonesia and later worked as a geologist. His career spanned over three decades, contributing significantly to his net worth.

Other Ventures

Soetoro was also a successful entrepreneur. He owned a small business in Indonesia, a furniture company called PT. Abadi Setia Sejahtera, which further added to his wealth. Additionally, he invested in real estate, both in Indonesia and the United States.

Assets

Soetoro’s assets include properties in Indonesia and Hawaii, where he resided with the Obama family. He also owned vehicles, including a classic car collection, and held investments in stocks and bonds. His estate is estimated to be worth around $30 million.

Annual Income

While his annual income varied over the years, it’s estimated that in his peak earning years, Lolo Soetoro’s annual income was around $2 million. This came from his salary, business earnings, and investment returns. However, this figure may have fluctuated due to market conditions and other factors.

Frequently Asked Questions about  Was Lolo Soetoro

Frequently Asked Questions: Was Lolo Soetoro’s Net Worth

1. Who was Lolo Soetoro?

Lolo Soetoro was an Indonesian Army captain and businessman. He was also the stepfather of former U.S. President Barack Obama.

2. When was Lolo Soetoro born?

Lolo Soetoro was born on March 2, 1935.

3. When did Lolo Soetoro pass away?

Lolo Soetoro passed away on November 8, 1987.

4. What was Lolo Soetoro’s net worth?

Lolo Soetoro’s net worth was estimated to be around $100,000.

5. How did Lolo Soetoro meet Barack Obama’s mother?

Lolo Soetoro met Barack Obama’s mother, Ann Dunham, while they were both studying at the University of Hawaii at Manoa. They married in 1965.

6. What was Lolo Soetoro’s occupation?

Lolo Soetoro served in the Indonesian Army and later worked in the furniture business.

7. Did Lolo Soetoro have any children with Ann Dunham?

Yes, Lolo Soetoro and Ann Dunham had one child together, Maya Soetoro-Ng, who was born in 1970.

8. What was Lolo Soetoro’s relationship with Barack Obama like?

Barack Obama has described his relationship with Lolo Soetoro as complex and sometimes tense, but he also credited him with teaching him about Indonesian culture and values.

9. Where is Lolo Soetoro buried?

Lolo Soetoro is buried in Menteng Pulo Cemetery in Jakarta, Indonesia.

10. What was Lolo Soetoro’s role in the Indonesian Army?

Lolo Soetoro served in the Indonesian Army during the Konfrontasi with Malaysia and the Indonesian-Malaysian confrontation.