With assets increasing sharply, Mr. Pham Nhat Vuong is about to enter the top 100 richest people in the world

Minh Huy |

Billionaire Pham Nhat Vuong - Chairman of Vingroup Corporation climbed to the 102th richest people on the planet, according to the latest update from Forbes.

According to Forbes' list of world billionaires on November 24, Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation, continued to rise to 102nd place in the world with a net asset of 21.9 billion USD, an increase of 784 million USD, equivalent to 3.71% compared to the previous update.

The assets of the richest billionaire in Vietnam continue to increase in the context of Vingroup shares maintaining a positive increase. At the end of the trading session on November 24, Vingroup's VIC stock code reached VND 239.5 trillion/share, up 4.27% compared to the previous session (229.7 trillion VND/share).

In addition, the stock codes owned by Mr. Pham Nhat Vuong have also received much attention. Vinhomes' VHM stock code is listed at 102.7 trillion VND/share; Vincom Retail's VRE stock code is traded at 32.35 trillion VND/share.

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.

In addition to billionaire Pham Nhat Vuong, the assets of other Vietnamese billionaires have also fluctuated. According to Forbes, the net assets of Ms. Nguyen Thi Phuong Thao, Chairwoman of the Board of Directors of Vietjet Air increased by 3.63%, to 4.6 billion USD, ranking 854th on the ranking of the richest people on the planet.

The net assets of Mr. Tran Dinh Long, Chairman of Hoa Phat Group, are 2.7 billion USD, down 1.11% compared to the previous update, ranking 1,440th in the list of world billionaires by Forbes.

The net assets of Techcombank Chairman, Mr. Ho Hung Anh, are currently at 2.3 billion USD, down 0.47%, ranking 1,668th 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, ranking 2,932nd in the world billionaire ranking.

Minh Huy
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