Forbes real-time asset data updated at 8:30 am on August 31 (Vietnam time) shows that the 5 richest billionaires in Southeast Asia currently own a total net worth of about 111.4 billion USD.
Topping the list is Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation, with an estimated net worth of 36.5 billion USD. With this asset level, he is currently ranked 60th in Forbes' list of the richest people in the world.
Mr. Pham Nhat Vuong is the founder of Vingroup, a group operating in many fields such as industry, technology, real estate and services.
Ranked second is Philippine billionaire Enrique Razon Jr., with a net worth of about 20 billion USD, corresponding to 136th position in the world.
Enrique Razon Jr. is President of International Container Terminal Services Inc. (ICTSI), the largest port operator in the Philippines in terms of revenue, with subsidiaries operating in Asia-Pacific, Eastern Europe, Africa and America.
The port business of the Razon family began in Manila in 1916. Enrique Razon Jr. then continued to expand operations to many international markets.
In addition to the seaport sector, he also has many investments in tourism, resorts, infrastructure and energy. Bloomberry Resorts, his hotel and resort business, opened the second Solaire complex in Manila urban area in 2024.
He also participated in investment in Manila Water, offshore gas fields in the West Philippine Sea and a number of gas power plants.
Third place is Low Tuck Kwong of Indonesia, with a net worth of about 19.9 billion USD, ranking 138th in the world.
Low Tuck Kwong is the founder of Bayan Resources, one of the largest coal mining enterprises in Indonesia. Business in the natural resources sector has helped him become one of the richest people in Indonesia as well as Southeast Asia.
The remaining two positions in the top 5 belong to Thai billionaires.
Dhanin Chearavanont owns a net worth of about 17.5 billion USD, ranking 157th in the world.
Mr. Dhanin Chearavanont is Senior Chairman of Charoen Pokphand Group, or CP Group, one of Thailand's largest multi-industry corporations. CP operates prominently in the fields of animal feed, animal husbandry, food, retail and many other businesses.
Closing the group of 5 richest billionaires in Southeast Asia is Sarath Ratanavadi, with a net worth of about 17.5 billion USD, ranking 160th in the world.
Mr. Sarath Ratanavadi is the leader of Gulf Development, a corporation operating in many fields such as energy, telecommunications, infrastructure and digital technology.
According to updated data at 8:30 am on August 31, the total net worth of the 5 richest billionaires in Southeast Asia reached 111.4 billion USD, of which Mr. Pham Nhat Vuong's assets alone accounted for nearly one-third of the group's total value.
Forbes updates the rankings and net worth of billionaires in real time, so they may change according to stock price fluctuations, exchange rates, business value and related assets. Data in the article was recorded at 8:30 am on August 31, 2026 (Vietnam time).
