Founding CEO, Lyman Group
Osbert Lyman’s name didn’t quite ring a bell outside Indonesia’s business circles until his entry in Indonesia’s 50 richest back in 2015, with a fortune of US$600 million. In 2020, Lyman climbed to number 36 with a net worth of US$750 million, according to Forbes.
Osbert Lyman may not be on everyone’s radar yet, but the Lyman Group’s upscale properties certainly are. The swanky Casa Domaine’s residential twin towers sparkle over Jakarta’s Central Business District, where apartments are fitted with floor-to-ceiling windows to enhance the luxurious scale while offering unobstructed views of the city.
Kota Baru Parahyangan in Bandung is another jewel in the Lyman Group’s portfolio. A large-scale housing estate lies within 1,250 hectares of land, where you’ll also find the Shangri-La Hotel and Shangri-La Residences. With its high rate of occupancy, Kota Baru Parahyangan might just take Lyman even higher up the ranks of Indonesia’s richest.
Lyman Group started in 1959 as Satya Djaya Raya Group, and also trades in palm oil and timber. Its day-to-day operations are currently run by Osbert Lyman’s daughter, Pauline.
Did You Know?
Lyman Group is a stakeholder in Jakarta CBD’s Shangri-La Hotel.