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Lippo Group founder Mochtar Riady, center, and his son James, left, look poised to pass the baton to a third generation led by James' son John, right. 
Asian Family Conglomerates

Lippo tycoon looks to young-gun grandson to build digital empire

Mochtar Riady's heir apparent, John Riady, makes mark in Indonesian e-payments

JUN SUZUKI, Nikkei staff writer | Indonesia

JAKARTA -- Indonesian tycoon Mochtar Riady has been contemplating the question of succession for nearly 30 years. Part of the answer, he thinks, lies in Chinese folk wisdom about failure.

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