The latest list of the richest people in Vietnam
According to the latest update from Forbes, total assets of the six billionaires in Vietnam as of December 23, 2021 were up to 19.5 billion USD.
1. Pham Nhat Vuong - 7.5 billion USD
Pham Nhat Vuong (Chairman of Vingroup) was the first USD billionaire on the Vietnam stock exchange beginning on March 7, 2011, with assets worth of about 21.2 trillion VND, equivalent to 1 billion US dollars at that time.
After two years, he was honored for the first time as Vietnam's USD billionaire on the Forbes list, ranking 974th in the world with total assets of 1.5 billion USD.
On the updated list of Forbes, Vuong currently has 7.5 billion USD.
2. Tran Dinh Long - 3.1 billion USD
This year, Mr. Tran Dinh Long reappeared in Forbes' ranking after the first time in 2018. By December 24, 2021, the Chairman of Hoa Phat Group rose to second place in Vietnam's ranking with a fortune of 3.1 billion USD, an increase of more than 800 million USD compared to the beginning of the year.
HPG is in the blue-chip group that leads the market in the early and mid-year period. Thanks to the sudden increase in business results, Hoa Phat's stock became the focus of attention. The price of this share increased from the threshold of 31,000 VND to more than 55,000 VND in early June, then to 60,000 VND. This result used to help Long's fortune approach 4 billion USD.
3. Ho Hung Anh - 2.6 billion USD
At the beginning of 2020, this billionaire's assets reached only 1.3 billion USD, ranking fourth on the list of Vietnamese billionaires.
After more than a year of being negatively affected by the COVID-19 pandemic, Ho Hung Anh's fortune was recorded by Forbes at an impressive number of 2.6 billion USD. This improvement brought the Chairman of Techcombank to the top 3 on the list of the richest people in Vietnam.
4. Nguyen Thi Phuong Thao - 2.5 billion USD
2021 was a difficult year for the domestic aviation industry. However, with specific strategies, Vietjet Air still recorded amazing development milestones.
Vietjet has announced its financial report for the third quarter of 2021. Vietjet Air's net revenue reached 2,654 billion VND, down 25% compared to the second quarter and down 5.5% over the same period last year.
Although revenue fell to a record low, this is the quarter where Vietjet Air had a gross profit of up to 559 billion VND, the highest since the COVID-19 pandemic broke out.
5. Nguyen Dang Quang - 2.2 billion USD
The fifth richest person in Vietnam is Mr. Nguyen Dang Quang, Chairman of Masan Group. As of December 23, Forbes recorded a fortune of the Chairman of Masan Group at 2.2 billion USD.
Like billionaire Ho Hung Anh, Quang was known for being a successful Eastern European entrepreneur in the chili sauce and instant noodle industries, before bringing their companies back to Vietnam and building their empires with Masan and Techcombank.
6. Tran Ba Duong and his family - 1.6 billion USD
The sixth richest person in Vietnam is Mr. Tran Ba Duong, Chairman of Truong Hai Automobile Group (Thaco).
Truong Hai Automobile Company founded by Duong initially only sold cars at the beginning, then gradually assembled for foreign brands such as Kia, Mazda and Peugeot, and produced Vietnamese-branded buses and trucks. Duong currently holds a fortune of up to 1.6 billion USD. Compared to February 2020, the billionaire's fortune has decreased by about 100 million USD.
If assets are calculated according to the value of the stock market, Vietnam will have more USD billionaires.