Stock Market Frenzy
Stock Market Frenzy, Indonesia saw a big rise in the wealth of its richest people. According to Forbes Asia, the combined net worth of the top 50 richest Indonesians reached a record $306 billion, up from $263 billion last year. This growth came as the Indonesian stock market rose sharply, helping many wealthy individuals increase their fortunes.
Stock Market Boosts Wealth
The Indonesia stock market gained about 17% in 2025, which made the shares of many major companies rise. When stock prices go up, the owners of those companies become richer too. This positive market movement added a large amount of value to the wealth of top business leaders.
To attract more investors, Indonesia’s financial regulators also announced plans to increase the minimum free-float requirement for listed companies. This means more public shares would be available for trading, potentially increasing market activity in the future.
Top 10 Wealthiest Indonesians in 2025
Here are some of the richest individuals and families in Indonesia this year:
- R. Budi & Michael Hartono – Long-time leaders at the top with businesses in banking and consumer products.
- Prajogo Pangestu – Petrochemicals and energy tycoon.
- Widjaja family – Diversified group with holdings in infrastructure and energy.
- Low Tuck Kwong – Leader in coal and energy.
- Anthoni Salim & family – Major player in diversified businesses.
- Otto Toto Sugiri – Co-founder of a leading data center company.
- Tahir & family – Wealth from diversified sectors.
- Marina Budiman – Technology billionaire in the data center business.
- Wijono & Hermanto Tanoko & family – Diversified industries.
- Sri Prakash Lohia – Manufacturing leader.
This mix shows that traditional industries like energy and manufacturing still dominate, but newer sectors such as data centers and technology are rising fast.
Data Center Billionaires Make Big Gains
One of the most interesting changes in 2025 was the strong performance of data center businesses. Indonesia’s growing demand for digital services has driven higher value for companies that manage large data systems. As a result:
Otto Toto Sugiri and Marina Budiman, co-founders of DCI Indonesia, entered the top 10 richest list for the first time.
Their success reflects the rapid growth of digital infrastructure, as more companies and cloud services need secure and reliable data storage.
Another co-founder, Han Arming Hanafia, made a large jump in the rankings, showing how fast the data center sector is growing in Indonesia.
Big Winners and Challengers
While many fortunes increased this year, not all wealthy Indonesians saw growth. For example:
The Hartono brothers remained number one but saw a decline in their combined wealth due to a drop in banking shares.
Low Tuck Kwong, a coal industry leader, fell in ranking after weaker coal prices and higher costs affected profits.
Some individuals also dropped off the top 50 list as their businesses struggled.
New and Returning Faces
2025 saw a few new entries and comebacks on the rich list:
Eddy Kusnadi Sariaatmadja, a media tycoon, returned thanks to strong stock performance in his companies.
Hartati Murdaya joined the list, taking the place of her late husband.
At the same time, some prominent names fell out of the list due to business challenges, showing that wealth can be volatile year to year.
Smaller Minimum Wealth Threshold
To be included on the 2025 list, individuals needed at least about $920 million in net worth, which is slightly lower than last year’s threshold. This shows how some powerful business people just made the cut.
Looking Ahead
Indonesia’s economy continues to change. The rise in stock markets and demand for digital infrastructure show that wealth is not just in traditional industries. Sectors like technology and data management have become important wealth creators.
With more companies going public and Indonesia’s economic growth expected to stay strong, the country’s richest list is likely to keep evolving, bringing new faces and industries into the spotlight.