Vietnamese billionaires all got richer in July

The assets of Vietnamese billionaires have increased by 2.5 billion USD (about 65,000 billion VND) in less than a month.

According to Forbes ' ranking, Vietnam currently has 5 billionaires with total assets of 21.2 billion USD, an increase of 2.5 billion USD since the beginning of July. Those on the list include Vingroup Chairman Pham Nhat Vuong, Vietjet Chairman Nguyen Thi Phuong Thao, Hoa Phat Chairman Tran Dinh Long, Techcombank Chairman Ho Hung Anh and Masan Chairman Nguyen Dang Quang.

In July, the VN-Index - an index representing Vietnamese stocks - increased by 164 points, equivalent to 12%, reaching 1,531 points. Therefore, the stocks held by Vietnamese billionaires also increased along with the general market.

Among them, Mr. Pham Nhat Vuong is the richest person with assets of 11.9 billion USD, an increase of 1.4 billion USD since the beginning of the month and 2.7 times higher than the beginning of the year. Mr. Vuong ranks 228th among the richest people in the world .

The wealth of Vietnam's richest man increased thanks to the positive performance of Vingroup 's VIC stock. At the end of the trading session on July 25, the market price of this code reached 114,100 VND per share, up 19.3% since the beginning of the month.

Mr. Pham Nhat Vuong only directly owns 450 million VIC shares, equivalent to 11.6% of charter capital. However, he and his family members still hold controlling power at Vingroup.

Nguyen Thi Phuong Thao's assets grew the second fastest among Vietnamese billionaires (up 700 million USD) to 3.2 billion USD. This is also the highest stock market asset figure of Vietjet's Chairman ever. She first appeared on this list in 2017.

In July, Vietjet and HDBank shares increased by 38% and 29.6%, respectively. This businesswoman only directly holds 47.7 million VJC shares. However, she also owns hundreds of millions of shares of the two above-mentioned enterprises through her own companies. Thanks to that, Ms. Thao's assets improved this month.

The assets of Hoa Phat Chairman Tran Dinh Long and Techcombank Chairman Ho Hung Anh increased by 300 million USD and 100 million USD respectively. Meanwhile, billionaire Nguyen Quang Dang also added tens of millions of USD.

vnexpress.net

Source: https://baolaocai.vn/cac-ty-phu-viet-deu-giau-len-trong-thang-7-post649897.html