Billionaire Pham Nhat Vuong is in the top 5 richest people in Southeast Asia

Minh Huy |

According to Forbes, Mr. Pham Nhat Vuong is the only Vietnamese person in the top 5 richest billionaires in Southeast Asia, along with 4 Indonesian billionaires.

Billionaire Prajogo Pangestu

According to the latest data from Forbes (10.11), billionaire Prajogo Pangestu currently owns an estimated net worth of 44.4 billion USD, ranking 38th in the world and the richest person in Southeast Asia.

He mainly operates 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 Low Tuck Kwong

He is known as the "king of coal" of Indonesia. Billionaire Low Tuck Kwong is currently ranked 92nd in the world with a net worth of about 25.3 billion USD.

He is the founder of Bayan Resources - a large coal mining company in Indonesia - and also runs Metis Energy, a renewable energy enterprise based in Singapore, and holds a stake in The Farrer Park Company and Samindo Resources.

Billionaire R. Budi Hartono and Michael Hartono

The two brothers R. Budi Hartono and Michael Hartono are ranked 107th and 114th respectively in the world, with estimated net assets of 21.9 billion USD and 21 billion USD respectively.

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 Blibli e-commerce platform - to the stock exchange, earning 510 million USD in the second largest IPO in Indonesia.

Billionaire Pham Nhat Vuong

Billionaire Pham Nhat Vuong - Chairman of Vingroup Corporation, owns a net asset of about 18.7 billion USD, ranking 130th in the world. He was first listed by Forbes as a billionaire in 2016, when his fortune was estimated at $1.8 billion.

After nearly a decade, Mr. Vuong is not only the richest billionaire in Vietnam, but also a typical face representing Southeast Asia on the global asset map.

Minh Huy
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