According to the latest update from the world billionaire rankings, the net worth of Mr. Pham Nhat Vuong - Chairman of Vingroup - is currently at about 28.3 billion USD, down about 1.6 billion USD compared to the previous period. This development caused his ranking to drop from 71st to 79th in the ranking of the richest billionaires in the world.
The change in Mr. Pham Nhat Vuong's asset value takes place in the context of strong fluctuations in the global financial market, especially in real estate, industrial and manufacturing stock groups - areas closely linked to the Vingroup ecosystem.
In the trading session on December 29, Vingroup shares (stock code: VIC) continued to trade positively. As of 3:45 PM, this code reached 159,700 VND/share, thereby directly impacting the asset value of the group leader.
Positive developments not only stopped at VIC but also spread to other stocks in the Vingroup ecosystem. In the session on December 29, VHM recorded a fairly good increase, approaching the highest price range in many weeks. In the same direction, VPL (Vinpearl) maintained its upward momentum, trading around the threshold of over 100,000 VND/share.
The Vingroup "family" stock group, especially VIC and VHM, continues to play an important role in supporting the market, contributing to helping VN-Index maintain green color in the trading session.
Along with the positive developments of stock prices, the capitalization of Vingroup Group continues to improve, maintaining its position in the group of enterprises with the largest scale in the Vietnamese stock market.
In the domestic market, Mr. Pham Nhat Vuong still holds the position of the richest person in Vietnam, with asset values fluctuating according to the developments of key stocks in the Vingroup ecosystem. At the same time, he is one of the billionaires with great influence in Southeast Asia.
Following Mr. Pham Nhat Vuong, Ms. Nguyen Thi Phuong Thao - Chairwoman of the Board of Directors of Vietjet Air - currently owns an estimated assets of about 4.8 billion USD, ranking about 850th in the list of the richest people in the world.
Mr. Tran Dinh Long - Chairman of Hoa Phat Group - is holding assets of about 2.7 billion USD, ranked outside the top 1,400 global billionaires.
Meanwhile, Mr. Ho Hung Anh - Chairman of Techcombank - owns an estimated assets of 2.3 billion USD, standing outside the top 1,700 in the world.
Mr. Nguyen Dang Quang - Chairman of Masan Group - currently has assets of about 1.1 billion USD, ranking outside the top 3,000 richest people in the world.
In early 2025, according to Forbes' annual billionaire list announced on January 4, Mr. Pham Nhat Vuong owned 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 updates, thanks to the impressive recovery of VIC and VFS stocks, two securities codes associated with the Vingroup and VinFast ecosystems.
By the beginning of December, his net worth continued to increase sharply, reaching about 24.3 billion USD, helping him rise to the top 100 richest people in the world, before a slight adjustment at the end of the month according to general market developments.
