According to real-time updates on Forbes (as of August 27) , Pham Nhat Vuong – Chairman of Vingroup ‘s net worth surged to $13.6 billion. This is the highest net worth that Mr. Pham Nhat Vuong has ever achieved, tripling his wealth from the beginning of the year.
With this substantial net worth, Pham Nhat Vuong enters the top 200 richest people in the world, securing the 196th position.
Pham Nhat Vuong’s net worth surpasses $13 billion. (Screenshot)
Previously, in June 2023, the Chairman of Vingroup became the first Vietnamese individual to amass a fortune of over $10 billion. Since then, his net worth has been on a continuous upward trajectory, inching closer to the $14 billion mark.
The significant increase in Mr. Vuong’s wealth can be attributed to the positive performance of VIC shares (Vingroup) and other stocks related to the “Vin” family. On August 26, VIC shares of Vingroup soared to a record high of 135,500 VND per share. Within just one week, VIC shares witnessed a nearly 20% increase, and if we consider the year-to-date performance, the surge is over 230%.
Among the five Vietnamese billionaires listed by Forbes, Pham Nhat Vuong’s wealth is nearly four times that of the second-richest person, Nguyen Thi Phuong Thao. In comparison to Nguyen Dang Quang – Chairman of Masan Group, Vuong’s wealth is over eleven times higher.
Nguyen Thi Phuong Thao – Chairman of Vietjet, possesses a net worth of $3.7 billion, ranking 1,073rd globally.
Tran Dinh Long – Chairman of Hoa Phat Group, has a net worth of $2.7 billion, placing him at 1,442nd in the world.
Ho Hung Anh – Chairman of Techcombank, boasts a fortune of $2.6 billion, securing the 1,504th position worldwide.
Nguyen Dang Quang – Chairman of Masan Group, has a net worth of $1.2 billion, ranking him 2,860th in the world.
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