Asset fluctuations of Southeast Asian billionaires: Chairman of Vingroup continues to rise

Minh Huy |

Billionaire Pham Nhat Vuong, Chairman of Vingroup continues to increase assets, approaching the No. 1 position in Southeast Asia of Indonesian billionaire - Prajogo Pangestu.

Billionaire Prajogo Pangestu - asset of 37.3 billion USD

According to Forbes' update on December 24, billionaire Prajogo Pangestu - Indonesia owns assets worth 37.3 billion USD. Currently, billionaire Prajogo Pangestu is ranked 54th in the world.

In Southeast Asia, billionaire Prajogo Pangestu is currently ranked No. 1 in the ranking of the richest people in Southeast Asia.

Billionaire Prajogo Pangestu comes from Indonesia, operating mainly in the petrochemical and energy sectors, through companies such as Barito Pacific, Barito Renewables Energy. Prajogo Pangestu first appeared on the Forbes billionaire list in 2017, when he owned assets of about 1.8 billion USD.

Billionaire Pham Nhat Vuong - assets of 29.9 billion USD

On the ranking of the richest people on the planet (December 24), billionaire Pham Nhat Vuong, Chairman of Vingroup Corporation, owns assets worth 29.9 billion USD. Currently, Mr. Pham Nhat Vuong is ranked 71st. In Southeast Asia, billionaire Pham Nhat Vuong is second on the list of rich people.

According to Forbes, Mr. Pham Nhat Vuong is the first USD billionaire in Vietnam to own assets reaching 30 billion USD (December 23), and is also the first Vietnamese to be in the group of 100 richest people in the world.

Billionaire Low Tuck Kwong - assets of 22.2 billion USD

Forbes' list of world billionaires on December 24, billionaire Low Tuck Kwong is currently ranked 106, with a net worth of 22.2 billion USD.

In Southeast Asia, Low Tuck Kwong ranks 3rd in the top 5 richest billionaires in the region.

World billionaire Low Tuck Kwong is the founder of Bayan Resources, a large coal mining company in Indonesia. He also runs Metis Energy, a Singapore-based renewable energy company, and holds a stake in The Farrer Park Company and Samindo Resources.

Billionaire R. Budi Hartono (21.3 billion USD) and Michael Hartono (20.5 billion USD)

According to Forbes' December 24 update, billionaire R. Budi Hartono, an Indonesian national, has a net worth of about 21.3 billion USD. With this asset, he is ranked 112th in the list of the richest people in the world.

Meanwhile, his younger brother, Michael Hartono, also an Indonesian citizen, is holding an estimated fortune of 20.5 billion USD. He is currently ranked 120th on the global billionaire rankings.

The two brothers R. Budi Hartono and Michael Hartono are familiar faces in the Indonesian financial world, associated with Djarum Group and Bank Central Asia (BCA) - one of the largest private banks in Indonesia. They are also often among the richest billionaires in Southeast Asia.

Minh Huy
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