Billionaire Pham Nhat Vuong's assets increased by 3 billion USD

According to Forbes, billionaire Pham Nhat Vuong's assets have skyrocketed since the beginning of the year.

Forbes statistics as of March 23 show that the assets of billionaire Pham Nhat Vuong - Chairman of Vingroup Corporation - reached 7.1 billion USD, an increase of 3 billion USD compared to the end of 2024. This billionaire's assets are gradually approaching the record of 7.3 billion USD recorded in 2021. Currently, billionaire Pham Nhat Vuong has risen to 449th place in the list of the world's richest people voted by Forbes, up 378 places compared to the ranking at the beginning of the year.

Billionaire Pham Nhat Vuong's assets increased by 3 billion USD compared to the beginning of the year.

PHOTO: VIC

The asset value of the Chairman of Vingroup Corporation has increased sharply because the corporation's VIC shares are priced at VND53,000/share, up nearly 31% compared to the beginning of the year. At the same time, two Vingroup shares, VHM of Vinhomes Joint Stock Company, have also increased by more than 20% compared to the beginning of the year; VRE shares of Vincom Retail Joint Stock Company have also increased by more than 7%. The three Vingroup shares, especially VIC, have continuously increased after a series of positive news. That is the filing of Vinpearl Joint Stock Company for listing on the Ho Chi Minh City Stock Exchange (HOSE). After the issuance in February, Vinpearl's charter capital is currently at nearly VND18,000 billion. Vinpearl also self-valued its capitalization at nearly USD5 billion. If Vinpearl is listed on HOSE, billionaire Pham Nhat Vuong will have another company with a capitalization of billions of USD on the stock exchange. Or the Can Gio coastal urban area project is expected to start construction in April; Electric car company VinFast continues to be the company with the highest number of cars sold in the first two months of 2025...

In addition to billionaire Pham Nhat Vuong, the other person whose assets have increased since the beginning of the year is billionaire Ho Hung Anh, Techcombank with a value of 1.9 billion USD, an increase of 100 million USD. Meanwhile, female billionaire Nguyen Thi Phuong Thao of Vietjet, Mr. Tran Dinh Long of Hoa Phat Group both had a slight decrease and billionaire Nguyen Dang Quang still kept his asset value of 1 billion USD. In particular, businessman Tran Ba Duong of Truong Hai Group's assets have decreased sharply to below 1 billion USD and is no longer on the list of USD billionaires published by Forbes.