Lolo Soetoro Net Worth at Death: How Wealthy Was Barack Obama’s Stepfather?

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Lolo Soetoro was an Indonesian geographer known for his work in geography and his connection to Barack Obama as his step-father. Many people wonder how much wealth he had before his death in 1987. His life was a mix of academic excellence, military service, and work in the private sector. He played a big role in shaping Obama’s early years. This article explores Lolo’s net worth, career, and personal life.

Profile Summary

Full NameLolo Soetoro Mangunharjo
Date of BirthJanuary 2, 1935
Place of BirthBandung, Dutch East Indies
Date of DeathMarch 2, 1987
Cause of DeathLiver failure
NationalityIndonesian
ProfessionGeographer, Indonesian Army Colonel, Oil Company Employee
EducationGadjah Mada University, University of Hawaii
SpousesAnn Dunham, Erna Kustina
ChildrenMaya Soetoro-Ng, Yusuf Aji Soetoro, Rahayu Nurmaida Soetoro
Notable WorkIndonesian Army Topographic Service, Union Oil Company
Net Worth (At Death)Estimated $150K (US Dollars)

Who was Lolo Soetoro?

Lolo Soetoro was an Indonesian geographer who worked in the Indonesian Army before moving into the private sector. He was known as the step-father of Barack Obama after marrying Ann Dunham

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His work as a geographer and Colonel in the Indonesian Army Topographic Service allowed him to be involved in many projects. Later, he joined Union Oil Company as a geologist. He lived in Jakarta, Indonesia for most of his life.

Lolo Soetoro Earlier Life and Education

Lolo Soetoro was born in Bandung, Dutch East Indies. His father, Martodihardjo Soetoro, died during the Dutch-Indonesian Liberation War. This left the family struggling financially. 

Despite this, Soetoro pursued higher education. He attended Gadjah Mada University, one of Indonesia’s top universities, and earned a geography degree. Later, he received a scholarship to study at the University of Hawaii.

Lolo Soetoro Net Worth at Death

At the time of his death, Lolo Soetoro net worth was estimated at $150,000 US Dollars. He earned money from his time in the Indonesian Army, his work as a geologist, and later at Union Oil Company. His earnings allowed him to live comfortably in Jakarta. While he was not extremely wealthy, he left behind assets such as properties and savings.

Personal Life & Marriage to Ann Dunham

Lolo Soetoro wife Ann Dunham

Lolo Soetoro met Ann Dunham while studying at the University of Hawaii. Their courtship led to marriage in 1965. They moved to Jakarta, Indonesia, where they raised Barack Obama and Maya Soetoro-Ng. Their relationship became strained due to cultural differences and work demands, leading to their divorce in 1980.

Lolo Soetoro Family

Lolo Soetoro married Erna Kustina after his divorce from Ann Dunham. He had three children: Maya Soetoro-Ng, Yusuf Aji Soetoro, and Rahayu Nurmaida Soetoro. His family lived in Menteng Dalam, South Jakarta.

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1961-1981

  • In 1961, Lolo Soetoro earned a geography degree from Gadjah Mada University. The following year, he joined the Indonesian Army Topographic Service as a civil servant. 
  • By September 1962, he had moved to Honolulu to pursue an M.A. in Geography at the University of Hawaii, where he graduated in June 1964.
  • On March 15, 1965, Soetoro married Ann Dunham. Shortly after, in 1966, he returned to Indonesia.
  • In 1967, Dunham and her 6-year-old son, Barack Obama, relocated to Jakarta, Indonesia, to live with Soetoro. Their home was a modest red-tiled house in Menteng Dalam, South Jakarta, where they stayed for about two and a half years.
Lolo Soetoro son Barack Obama

  • In 1970, Soetoro and Dunham welcomed their daughter, Maya Soetoro-Ng. Around the same time, Soetoro secured a new position at Union Oil Company, prompting the family to move into a larger rented house.
  • By mid-1971, Dunham and Barack Obama returned to Honolulu so Obama could attend Punahou School. He continued his education there while Dunham traveled back to Jakarta in 1975.
  • During the early 1980s, Dunham developed a deep interest in Indonesian culture. However, her marriage with Soetoro began to face challenges due to their differing perspectives. Eventually, the couple separated on November 6, 1980.
  • After the divorce, Soetoro married Erna Kustina. Together, they had two children: Yusuf Aji Soetoro, born in 1981, and Rahayu Nurmaida Soetoro, born in 1984.

Major Works

Lolo Soetoro’s career included military service, geography, and corporate work. He worked for the Indonesian Army Topographic Service, mapping the country. He later joined Union Oil Company, applying his knowledge in geography to the mining office worker role. His contributions helped develop Indonesia’s energy sector.

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Lolo Soetoro Cause of Death

Lolo Soetoro died on March 2, 1987, due to liver failure. His death was a loss to his family and the academic community. Despite his passing, his influence remains, especially through his children.

Conclusion

Lolo Soetoro was a public figure who contributed to geography, education, and family life. His net worth was not immense, but his impact was significant. He helped raise Barack Obama, supported his family, and contributed to Indonesia’s development.

FAQs

Lolo Soetoro Family

Lolo Soetoro had two wives: Ann Dunham and Erna Kustina. His children include Maya Soetoro-Ng, Yusuf Aji Soetoro, and Rahayu Nurmaida Soetoro.

Lolo Soetoro and Barack Obama

He played a major role in raising Barack Obama in Jakarta. Obama wrote about him in “Dreams from My Father.”

What did Lolo Soetoro do for a living?

He was a geographer, military official, and oil company executive.

How Wealthy Was Lolo Soetoro?

His wealth came from military earnings, oil company work, and private assets. His net worth was estimated at $150,000 US Dollars.

Who was Lolo Soetoro Married to?

He was married to Ann Dunham and later Erna Kustina.

What nationality is Stanley Ann Dunham?

She was an American anthropologist and the mother of Barack Obama.

How much is Barack Obama worth?

Barack Obama’s net worth is estimated at over $70 million US Dollars.

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