Forbes' updated data on November 5 shows that billionaire Pham Nhat Vuong's net worth - Chairman of Vingroup Corporation - has reached 18.8 billion USD, making him the 129th richest person in the world. This is a strong increase in the assets of the Vietnamese billionaire, marking a rare breakthrough year.
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. At that time, he was the only person in Vietnam in the group of nearly 500 leading billionaires in the world.
By mid-April, his assets had increased to about 8 billion USD, according to Forbes, thanks to the impressive recovery of VIC and VFS stocks - two stock codes associated with the Vingroup and VinFast ecosystems. Just over a month later, at the end of May, his asset value continued to skyrocket to 10.2 billion USD, marking the first time exceeding the 10 billion USD mark.
At the end of May, Forbes recorded Mr. Pham Nhat Vuong's assets at 10.7 billion USD, an increase of one and a half times in just two months. In mid-year, as VinFast shares increased sharply on Nasdaq, his asset value continued to increase to 13.6 billion USD (on August 27), the highest level since Forbes began tracking him in 2013.
October 2025 witnessed an unprecedented leap. As of October 10, his assets reached $18.1 billion.
By early November, Forbes valued his assets at $18.8 billion, helping him maintain his position as the 129th richest person in the world, surpassing many famous entrepreneurs in the Asian region.
