Vietnam has one less USD billionaire, billionaire Pham Nhat Vuong enters the top 500 richest people in the world

As of now, Vietnam has only 5 USD billionaires left after Mr. Tran Ba ​​Duong left the list. Meanwhile, Mr. Pham Nhat Vuong's net worth has increased dramatically in just a few days.

Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation - Photo: VGP/Nhat Bac

According to Forbes data, the assets of Mr. Pham Nhat Vuong - the richest person in Vietnam - reached 6.7 billion USD as of March 11, 2025.

Mr. Vuong's assets increased by 1.1 billion USD compared to the update on March 7, but increased by 2.6 billion USD compared to the beginning of this year.

Thanks to that, Mr. Vuong's ranking on the world's richest people list also "jumped" from 611 to 496.

Mr. Vuong's assets increased in the context of Vingroup's VIC stock having an impressive increase of nearly 13% after 1 week, and nearly 20% after 1 month recently.

Currently, billionaire Vuong is the chairman of Vingroup's board of directors and holds 691.27 million VIC shares, equivalent to about 18% of the group's charter capital. Mr. Vuong owns the rest through his own companies.

In addition, Mr. Vuong also holds a large amount of VinFast shares through private companies and is the general director of this electric car company. However, stock value is only one of many indicators that Forbes calculates when calculating the size of the rich's assets.

On the other hand, the ranking of Vietnamese billionaires according to data from Forbes also recorded a decrease in quantity, when Mr. Tran Ba ​​Duong left the list.

Mr. Duong - Chairman of Thaco Group - entered the list of USD billionaires for the first time in 2018. Although he has been on the list for 6 years, in recent years, Mr. Duong's assets have continuously declined, according to Forbes .

From the 1.8 billion USD recorded in 2018, Mr. Duong's assets remained at 1.2 billion USD before leaving the list.

About THACO, this group was founded by Mr. Duong in 1997 in Dong Nai.

After a long period of development, from a company specializing in importing used cars and providing auto repair spare parts, THACO has grown rapidly, becoming a multi-industry industrial corporation, including automobiles, real estate, and agriculture.

Returning to the USD billionaire ranking, in addition to Mr. Vuong, there is also Mr. Ho Hung Anh, Chairman of the Board of Directors of Techcombank (TCB), who increased by 300 million USD since the beginning of the year, reaching 2 billion USD. In contrast, Mr. Tran Dinh Long - Chairman of Hoa Phat Group - decreased to 2.4 billion USD.

Tuoitre.vn

Source: https://tuoitre.vn/viet-nam-bot-mot-ti-phu-usd-ong-pham-nhat-vuong-lot-top-500-nguoi-giau-nhat-the-gioi-20250311203152841.htm