According to Forbes' list of world billionaires on November 21, billionaire Pham Nhat Vuong, Chairman of Vingroup Corporation, continued to rise to 111. Currently, Mr. Vuong's net assets are 21.1 billion USD, up 3.61% (equivalent to an increase of 736 million USD) compared to the previous update of Forbes.
At the end of the trading session on November 21, Vingroup's VIC stock code reached 229.7 thousand VND/share, up 1.7% compared to the previous trading session (228 thousand VND/share).
The volume of shares that Mr. Pham Nhat Vuong is directly and indirectly holding at VIC is more than 2.2 billion shares. Accordingly, Mr. Vuong's assets are estimated at about 505,340 billion VND.
In addition, Vinhomes' VHM stock code is trading at 99.3 trillion VND/share. Compared to the previous trading session, VHM code increased by 1.53% (97.8 thousand VND/share).
At the end of the trading session on November 21, Vincom Retail's VRE stock code increased by 0.32%, from VND32,000 to VND32.2 trillion/share.
Since the beginning of 2025, Vingroup's VIC shares have continuously increased sharply. In November 2025, Vingroup approved a plan to issue 3.85 billion bonus shares (1-1 ratio), expected to increase charter capital to about VND 77,335 billion, and expand to many new industries.
Mr. Pham Nhat Vuong was first included in Forbes' billionaire list in 2016, when his assets were estimated at 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, thanks to the impressive recovery of VIC and VFS stocks - two stock 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.
