Four Indonesian Tycoons Add $10 Billion in a Day as DCII, Barito Stocks Soar

JAKARTA, investortrust.id — A surge in Indonesian tech and energy stocks sent the wealth of four prominent business figures soaring by a combined $10 billion (Rp162.9 trillion) on Friday, July 18, 2025, according to Forbes real-time data.

Otto Toto Sugiri, Marina Budiman, Prajogo Pangestu, and Han Arming Hanafia ranked among the world’s top wealth gainers for the day, thanks to sharp increases in the shares of the companies they control.

Otto Toto Sugiri, President Director of PT DCI Indonesia Tbk (DCII), saw his fortune rise by $3.4 billion to $11.8 billion. Marina Budiman gained $2.6 billion, pushing her total to $8.6 billion. Meanwhile, energy magnate Prajogo Pangestu added $2.4 billion, lifting his net worth to $34.5 billion—making him the richest person in Indonesia. Han Arming Hanafia’s net worth rose by $1.6 billion to reach $5.6 billion.

The rally was fueled primarily by a jump in DCII stock, which soared 16.13% to Rp259,250 in morning trading. The surge pushed DCII’s market capitalization to Rp617.79 trillion ($37.8 billion), overtaking PT Bank Rakyat Indonesia (BBRI) as the fifth-largest listed company in Indonesia.

Otto Toto Sugiri owns a 29.9% stake in DCII, while Marina Budiman holds 22.51%, and Han Arming Hanafia controls 14.11%. The data center firm has become one of the most valuable tech companies in Southeast Asia amid growing demand for cloud infrastructure.

Meanwhile, Prajogo Pangestu’s wealth boost came from the rally in three of his listed companies. Shares in PT Chandra Daya Investasi Tbk (CDIA) hit the upper trading limit with a 25% jump to Rp975. PT Barito Renewables Energy Tbk (BREN) rose 7.77% to Rp8,325, and PT Barito Pacific Tbk (BRPT) gained 4.59% to close at Rp2,280.

Following the rally, BREN overtook Bank Central Asia (BBCA) as the most valuable company on the Indonesia Stock Exchange, with a market capitalization of Rp1,113.76 trillion ($68.1 billion), compared to BBCA’s Rp1,047 trillion. BRPT’s market value increased to Rp213.74 trillion, while CDIA reached Rp121.07 trillion.