VietNamNet reviews the young and richest heirs in Vietnam.

The youngest heir

Mr. Huynh Uy Dung, his wife and his son.

On September 9, 2013, Mr. Huynh Uy Dung, the boss of Dai Nam Tourist Site in Binh Duong province, surprisingly declared that he would transfer assets worth trillions of VND (hundreds of million USD) to his one-year-old son, named Huynh Hang Huu.

This testament was released on the first birthday of the child, the only son of Dung and his second wife, Nguyen Phuong Hang. On September 21, 2013, Hang Huu officially became the chairman of Dai Nam Joint Stock Company, with over 2,000 employees.

The baby also owns a huge fortune from his father, including Lac Canh resort, Dai Nam Van Hien theme park, Di An residential - administrative area, Song Than Industrial Parks 2 and 3,  totaling hundreds of million of USD.

However, a short time later Dung said that the baby was not the president of Dai Nam but the owner of a charity foundation. Until the boy is 18, the foundation will be run by a 12-member council, including his parents.

At present, Huu is the richest boy and the youngest heir in Vietnam.

Vietnamese boy inherits $100 million of US billionaire

Nguyen Be Lorry and his mother in 1998.

Nguyen Be Lory inherited $100 million from Larry Hillblom, the owner of DHL, who had $600 million in assets. He was best known as a playboy billionaire. In 1993, when visiting Vietnam to invest in a hotel and a golf course in Phan Thiet, Hillblom had a quick affair with the maid Nguyen Thi Be. The woman became pregnant and then returned to her hometown. In late 1994, she gave birth to Nguyen Be Lory.

Billionaire Larry only knew about his child through a photo of the baby taken when he was several months old. On May 21, 1995, the billionaire died in a seaplane accident while he was flying from Pagan Island to Saipan.

After the death of the billionaire, other people assumed to be his illegitimate children claimed his huge fortune. Finally, in addition to large assets donated to medical research at the University of San Francisco, four boys, including Nguyen Be Lory form Vietnam, a boy from Guam and two from the Philippines were entitled to inherit the assets after proving in court that they were the children of the American billionaire via DNA tests in 1999.

Nguyen Be Lory and his mother now live in a small town on the east coast of the US.

According to a source close to the family, in 2012 Lory turned 18 years old and was allowed to control his assets which amounted to nearly $100 million. However, Lory was still in school so the family decided to invest the money in various areas. At the age of 21, or this year, Nguyen Be Lory will officially be the owner of the money.

The 8-year-old son of the boss of Him Lam Group

Mr. Duong Cong Minh

Mr. Duong Cong Minh is known as the boss of Him Lam Group - a major real estate company in Vietnam and President of Lien Viet Bank and Lien Viet Securities. Him Lam Group has charter capital of VND6,500 billion, of which Minh holds up to 99%.

Minh stated: "The head of Him Lam later will be my son! Of the top ten officials of Him Lam, there are only three people in my family. But the boss of Him Lam in the future will be my son."

Minh made the statement in late 2010, when his son was only 3.5 years old.

At present, this boy is over 8 years old and is a mysterious character, but will own property worth of hundreds of million USD from his father in the future.

The son of tycoon Tram Be

The top 10 richest bankers on the stock market of Vietnam in 2014 had the name of Tram Khai Hoa, the son of banking tycoon Tram Be.

At the age of 26, the second son of Tram Be owns 20.82 million shares of Sacombank, worth more than VND418 billion (nearly $20 million).

Female millionaire Nguyen Ngoc Nhat Hanh

Nguyen Ngoc Nhat Hanh, born in 1991, is the daughter of Nguyen Thi Mai Thanh, Chairman and CEO of REE Corporation.

This girl currently holds nearly 3.2 million shares of REE, worth over VND40 billion ($2 million).

She is one of the richest people born in the 80s in Vietnam.

Young Vice CEO of Quoc Cuong Gia Lai

Nguyen Ngoc Huyen My is the daughter of Mrs. Nguyen Thi Nhu Loan, Chair of Quoc Cuong Gia Lai Group, a big name in the real estate market.

My’s assets are estimated at VND117.7 billion (about $5 million) in land use rights and assets attached to land in HCM City. She is also a big creditor of Quoc Cuong Gia Lai, with VND139 billion, and a shareholder of this group, with over 180,000 shares, worth over VND1.2 billion.

In total, she has about VND280 billion (over $10 million), equivalent to two-thirds of her mother’s assets – about VND420 billion.

DS&PL