Assets increase sharply, billionaire Pham Nhat Vuong firmly holds the second richest position in Southeast Asia

Minh Huy |

With assets increasing by 2.8 billion USD, Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation, rose to 2nd place in the list of the richest people in Southeast Asia.

Billionaire Prajogo Pangestu - asset of 41.2 billion USD

World billionaire Prajogo Pangestu currently owns assets worth $41.2 billion, down $511 million compared to the previous update of Forbes.

Currently, billionaire Prajogo Pangestu has dropped to 44th in the world. However, in Southeast Asia, billionaire Prajogo Pangestu is still No. 1 in the richest person rankings.

The Indonesian billionaire works 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 - 28.3 billion USD

In the list of world billionaires, Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation, continued to increase to 28.3 billion USD, equivalent to an increase of 2.8 billion USD compared to the previous update of Forbes.

Currently, Mr. Pham Nhat Vuong has climbed to 81st place in the list of billionaires in the world. In Southeast Asia, billionaire Pham Nhat Vuong rose to 2nd place in the list of rich people, "dethroning" Mr. Low Tuck Kwong.

Mr. Pham Nhat Vuong is the first USD billionaire in Vietnam to own assets of over 28 billion USD, and is also the first Vietnamese to be in the group of 100 richest people in the world. Compared to the beginning of 2025, Mr. Pham Nhat Vuong's assets have increased more than 4.3 times.

 Chu tich Tap doan Vingroup, ong Pham Nhat Vuong vuot qua ti phu Low Tuck Kwong de dung thu 2 tren bang xep hang nguoi giau nhat Dong Nam A. Do hoa: Minh Huy
Vingroup Corporation Chairman Pham Nhat Vuong surpassed billionaire Low Tuck Kwong to rank 2nd on the ranking of the richest people in Southeast Asia. Graphics: Minh Huy

Billionaire Low Tuck Kwong - 24.7 billion USD

Billionaire Low Tuck Kwong owns a fortune worth 24.7 billion USD, currently ranked 96th in the ranking of the richest people on the planet. Compared to the previous update, his assets decreased by 1.38%, equivalent to a decrease of 346 million USD. In Southeast Asia, Low Tuck Kwong is currently ranked 3rd in the top 5 richest billionaires in the region.

Billionaire R. Budi Hartono, billionaire Michael Hartono - assets of 20.8 billion USD and 20 billion USD respectively

Billionaire R. Budi Hartono owns assets worth 20.8 billion USD. He is ranked 118th in the world richest person rankings.

Billionaire Michael Hartono owns a fortune worth over $20 billion. Currently, he is ranked 123rd in the list of richest people in the world.

Most of their assets come from investments in the Central Bank of Asia (BSC), which was bought back after the 1997-1988 Asian financial crisis. Hartono's family started out in the tobacco industry and is still one of the largest tobacco manufacturers in Indonesia.

In 2022, the two brought Global Digital Niaga, owner of a Blibli e-commerce platform, to the platform, earning 510 million USD in the second largest IPO in Indonesia.

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.

Minh Huy
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