Assets increased by 1.1 billion USD, Mr. Pham Nhat Vuong rose to the second richest person in Southeast Asia.

On December 2 alone, Mr. Pham Nhat Vuong's net worth increased by 1.1 billion USD, becoming the second richest billionaire in Southeast Asia.

Mr. Pham Nhat Vuong ranked 92nd in the list of the world's richest people - Photo: VGP

According to data published by Forbes on the afternoon of December 2, the net worth of Mr. Pham Nhat Vuong - Chairman of Vingroup Corporation - increased by 1.1 billion USD after one day. Mr. Vuong also entered the top 5 billionaires with the most increased assets in the world today.

Other billionaires whose fortunes have increased sharply include Nvidia CEO Jensen Huang ($2.5 billion), Zara founder Amancio Ortega ($2.4 billion), NetEase CEO William Ding ($2 billion), and LVMH Chairman Bernard Arnault ($1.7 billion).

Mr. Vuong's net worth has reached 24.7 billion USD, ranking 92nd in the list of the world's richest people as ranked by Forbes .

Vingroup Chairman in top 5 world billionaires with biggest asset increase in a day - Screenshot

With a net worth of 24.7 billion USD, Vingroup Chairman became the second richest person in Southeast Asia, after billionaire Prajogo Pangestu.

The Indonesian billionaire has a net worth of about 42 billion USD, ranked 41st in the world. He is the founder and Chairman of Barito Pacific Group, specializing in petrochemicals, energy, coal mining and renewable energy.

Mr. Vuong's assets increased sharply thanks to the excitement of VIC shares. Closing the trading session on December 2, VIC reached 275,500 VND/share, up 1.89% compared to the reference price. This price is 6.8 times higher than at the beginning of the year.

Not only VIC, other stocks in the Vingroup ecosystem such as VHM and VRE have also increased sharply in price recently.

Regarding business situation, since the beginning of the year, Vingroup has continuously announced major projects related to real estate and two new pillars of infrastructure and energy.

In March 2025, the company established VinEnergo Energy Joint Stock Company. In October, the company established VinMetal (steel), Vin New Horizon (retirement), and V-Film (entertainment).

Recently, Mr. Vuong established and contributed 71% to VinSpace - a company whose main business is manufacturing aircraft, spacecraft, telecommunications satellites, and cargo transportation.

In addition, Vingroup is currently proposing to participate in the North-South high-speed railway project through VinSpeed. This project has been approved with a total preliminary capital of about 1.7 million billion VND, equivalent to 67 billion USD. The enterprise has registered a direct private investment plan. Of which, the State will lend 80% interest-free for 30 years, VinSpeed ​​will arrange 20% itself.

In Quang Ninh , the Ha Long Xanh urban complex project with a total investment of more than VND456,600 billion is speeding up site clearance progress.

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Source: https://tuoitre.vn/tai-san-tang-1-1-ti-usd-ong-pham-nhat-vuong-vuon-len-giau-thu-2-dong-nam-a-20251202202421381.htm