On October 13th, Vingroup’s VIC shares opened with a positive surge. As of now, VIC shares have climbed 4.7% to VND 201,100 per share, with over 2 million shares traded.
This upward trend in VIC shares has significantly boosted the wealth of billionaire Pham Nhat Vuong. At the current price of VND 201,100 per share, his total holdings in VIC are valued at nearly VND 452 trillion.
According to Forbes’ real-time billionaire rankings, Vuong’s net worth increased by $680 million in a single day, making him the second-largest gainer globally, just behind Prajogo Pangestu, whose wealth rose by $1.9 billion.
Currently, Pham Nhat Vuong’s net worth stands at $18.8 billion, ranking him 126th globally.
The total value of Vingroup shares (VIC) held directly and indirectly by Pham Nhat Vuong and his family is approximately VND 491 trillion.
Specifically, Vuong personally owns nearly 390 million VIC shares, equivalent to 10% of the capital, valued at nearly VND 74.9 trillion.
On October 9th, Vuong completed the transfer of 60 million shares to VinEnergo as part of a capital contribution to the company.
His wife, Pham Thu Huong, holds nearly 170 million shares, valued at VND 32.6 trillion, while their son, Pham Nhat Quan Anh, owns 150,000 shares, worth approximately VND 29 billion.
Notably, Vietnam Investment Group JSC, Vuong’s primary personal investment company, holds the largest stake among these entities, with 1.26 billion VIC shares, equivalent to 32.5% of the capital.
Historic Stock Market Peak: Is a Major Wave Following the Upgrade?
The VN-Index has just experienced its most robust weekly gain in history, consistently reaching new highs following the market upgrade catalyst. However, analysts caution that the rally is primarily driven by a handful of blue-chip stocks, with market liquidity showing signs of divergence. After the initial reaction to the upgrade news, the market is expected to refocus on fundamental factors.
Deputy Prime Minister Bui Thanh Son Chairs Review Meeting on Preparations for the 2025 Autumn Fair
On the evening of October 12th, Deputy Prime Minister Bùi Thanh Sơn chaired a meeting at the Government Office to review preparations for the Autumn Fair 2025.
Who Inherits the Nearly $20 Billion Fortune of Vietnam’s Billionaire Pham Nhat Vuong, Equivalent to Vietcombank’s Entire Value?
Vietnam Investment Group JSC, the primary personal investment company of Mr. Vuong, holds a staggering 1.26 billion shares of VIC, representing 32.5% of the company’s capital. This substantial stake is valued at nearly 242 trillion VND, solidifying its position as the largest legal entity within the group.
Vietnam’s Top 20 Richest Stock Market Tycoons: Phạm Nhật Vượng’s Wealth Surpasses Combined Fortune of Next 19 Individuals
The Vượng family trio—Mr. Vượng, Mrs. Phạm Thu Hương, and Phạm Thúy Hằng—collectively hold assets exceeding 485.5 trillion VND, accounting for nearly 60% of the total wealth among the Top 20 wealthiest individuals.
Vingroup Seeks Shareholder Approval to Increase Chartered Capital
Billionaire Pham Nhat Vuong, Chairman of Vingroup’s Board of Directors, has successfully completed a transaction involving the transfer of VIC shares valued at nearly 10.8 trillion VND.
