In the latest list of world billionaires of Forbes on December 9, Mr. Pham Nhat Vuong - Chairman of Vingroup Corporation continued to rise to 85th place in the world with a net asset of 27.2 billion USD, an increase of 1.6 billion USD, equivalent to 6.19% compared to the previous update.
The assets of the richest billionaire in Vietnam continue to increase in the context of Vingroup stocks maintaining a strong upward momentum.
The Vietnamese stock market on December 9 continued to be greatly dominated by the Vin group of stocks, especially VIC - a pillar stock code of Vingroup Corporation.
VIC's strong increase is the main driving force helping the VN-Index maintain an upward trend, although liquidity shows signs of decline and short-term risks begin to increase. VN-Index is receiving many forecasts to soon challenge the resistance zone of 1,755 - 1,770 points, even approaching the old peak around 1,800 points.

While billionaire Pham Nhat Vuong's assets have increased sharply, many Vietnamese billionaires are recording a significant decrease. According to Forbes, the net assets of Ms. Nguyen Thi Phuong Thao - Chairwoman of the Board of Directors of Vietjet Air decreased by 23 million USD, or 0.49%, to 4.7 billion USD, ranking 860th on the ranking of the richest people on the planet.
The net worth of Mr. Tran Dinh Long - Chairman of Hoa Phat Group is 2.7 billion USD, down 25 million USD (ie 0.94%), ranking 1,478th in Forbes' list of world billionaires.
The net assets of Techcombank Chairman - Mr. Ho Hung Anh, currently reached 2.3 billion USD, down 27 million USD (1.17%), ranking 1,695 richest people in the world to date.
Mr. Nguyen Dang Quang - Chairman of the Board of Directors of Masan Group owns 1.1 billion USD, down 5 million USD (equivalent to 0.4%), ranking 2,957th in the world billionaire ranking.
According to Forbes' list, Mr. Pham Nhat Vuong first became a billionaire in 2016, with an estimated fortune of 1.8 billion USD.
In early 2025, according to the annual billionaire list of Forbes announced on January 4, Mr. Pham Nhat Vuong owns 6.5 billion USD, an increase of 2.1 billion USD compared to 2024.
By mid-April, his assets had increased to about 8 billion USD, according to Forbes' update, thanks to the impressive recovery of VIC and VFS stocks, two securities codes associated with the Vingroup and VinFast ecosystems.
In early November, Mr. Pham Nhat Vuong's net assets continued to increase by 2.34%, reaching 19.3 billion USD and making him the 125th richest person in the world, surpassing many famous businessmen in the Asian region.