Vietnam's richest billionaire "has" more than 11,500 billion VND in just one day

The VN-Index has just surpassed the 1,500-point threshold after more than 3 years of losing it. The trading session on July 22 recorded the market increasing by more than 24 points, the highest increase in the past month.

Large-cap stocks had a positive impact and led the market's growth. Among them, stocks related to billionaire Pham Nhat Vuong such as VIC, VHM, and VRE all increased positively. Notably, Vietjet Air's VJC stock hit the ceiling with no sellers.

This excitement also greatly changed the asset value of Vietnamese billionaires in Forbes' ranking of the richest people on the planet.

Vietnam's richest billionaire has more than 11,500 billion VND in just one day - 1

Vietnam's richest billionaire has more than 11,500 billion VND in just one day - 2

List of 5 USD billionaires of Vietnam (Source: Forbes).

Mr. Pham Nhat Vuong - Chairman of Vingroup - has an additional 443 million USD (more than 11,500 billion VND) after only one day. According to Forbes' update at 6:30 this morning (July 23), billionaire Vuong's assets reached 12.2 billion USD, ranking 219th in the list of world billionaires.

In fact, VIC shares have tripled in price since the beginning of the year; VHM and VRE are both at their highest levels in three years. This growth has led to billionaire Vuong’s assets increasing by nearly 2.8 times compared to the beginning of the year.

Meanwhile, billionaire Nguyen Thi Phuong Thao - Chairwoman of Vietjet Air - ranked second, after Mr. Pham Nhat Vuong. Ms. Thao's assets reached 2.8 billion USD, an increase of 133 million USD compared to the previous trading session.

However, the assets of billionaire Tran Dinh Long - Chairman of Hoa Phat Group - are not far behind, when HPG shares reached a 3-year peak. Mr. Long's assets are only 100 million USD less than Ms. Thao's, at 2.7 billion USD.

Two other Vietnamese billionaires are Mr. Ho Hung Anh - Chairman of Techcombank and Mr. Nguyen Dang Quang - Chairman of Masan - with assets worth 2.4 billion USD and 1.1 billion USD respectively.

Source: https://dantri.com.vn/kinh-doanh/ty-phu-giau-nhat-viet-nam-co-them-hon-11500-ty-dong-chi-sau-mot-ngay-20250723065259842.htm