Meet Indonesia’s richest woman who has lost Rs 31,082 crore in just three days due to…,her business is…
GH News March 20, 2025 09:06 PM

Stock market story: You must have heard many stories of stock market gains and collapses leading to many people becoming rich or poor overnight but here is an story which will take you by surprise. Here is a story about a lady who’s fortune skyrocketed at an astonishing pace growing by roughly $350 million each day amassing her $7.5 billion but only in a few weeks time the half of her net worth was wiped off. Scroll down to read about her stock market investment story.
Marina Budiman is cofounder and president commissioner of data center company DCI Indonesia. The luck of Marina Budiman skyrocketed at an astonishing pace when her wealth was growing by roughly $350 million each day. According to the Bloomberg Billionaires Index the wealth rise of the president commissioner of Indonesia’s largest data center operator DCI Indonesia was so huge that he briefly became the country’s richest woman.
How Marina Budiman lost half of her wealth in 3 days
But the rally didn’t last as in just three days DCI Indonesia’s stock plummeted wiping out half of Budiman’s net worth and adding another dramatic boom-and-bust episode to Indonesia’s stock market history.
Budiman along with fellow billionaires and DCI’s controlling shareholders Otto Toto Sugiri and Han Arming Hanafia saw their combined wealth climb by over $17 billion before crashing. By Tuesday’s close the stock had surrendered more than half of its gains since mid-February.
The selloff has been a bolt from the blue in many ways — the suddenness has caught the market by surprise said Nirgunan Tiruchelvam an analyst at Aletheia Capital in Singapore Nirgunan Tiruchelvam an analyst at Aletheia Capital in Singapore was quoted saying in a report by Bangkokpost.com.
The share prices of DCI took a hit because 78% of shares are owned by only four people and since most shares are held by a small group only a small portion is available for public trading. Therefore only 80400 shares of the 2.4 billion outstanding DCI shares changed hands by midday in Jakarta compared with millions at companies in Indonesia of a similar size as per a report by South China Morning Post.