Vietnam's billionaires

Update news Vietnam's billionaires

Six Vietnamese billionaires named on Forbes 2024 list

Forbes has updated its list of the world's billionaires for this year, with six billionaires from Vietnam making the latest rankings.

Vietnam’s billionaires move up in Hurun Global Rich List

Chairman of Vietnamese private conglomerate Vingroup Pham Nhat Vuong, at 4.8 billion USD, moved 252 places to rank 678th in the Hurun Global Rich List 2024.

‘Steel King’ Tran Dinh Long redraws map of steel industry

Hoa Phat’s revenue and market share have increased, which has helped it cement its No 1 position in the market, while steel shares have become hot again, prompting investors to sell shares to make big profits.

Vietnam to see number of wealthy to rise rapidly in next 10 years: reports

International institutions have predicted that Vietnam will see the sharpest increase in the number of wealthy people in the world in the next decade. The high expectations are based on FDI capital flow and the strong rise of well-known businesses.

Foreign media: Vietnam to see highest increase in wealth growth

Vietnam is forecast to see a 125% increase in wealth over the next 10 years, which will be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires.

Vuong tops list of billionaires, Binh in the top 10

Vingroup President Pham Nhat Vuong tops the list of billionaires in February. Hoa Phat President Tran Dinh Long made a breakthrough, while FPT President Truong Gia Binh is once again in the top 10.

Vietnamese billionaires suffer big asset losses

Many Vietnamese billionaires have seen their assets decrease over the last two weeks despite good stock market performance. And Nguyen Dang Quang is no longer on Forbes’ list of dollar billionaires.

Masan president fails to make latest billionaire list

Nguyen Dang Quang, president of retail giant Masan Group, has been removed from Forbes’ list of global billionaires following his company’s shares plunging for four consecutive sessions between January 4 and January 9.

Vuong now has $9 billion, and Vietnam has one more US dollar billionaire

The stock assets of billionaire Pham Nhat Vuong have soared to $9 billion as shown in Bloomberg’s ranking. Meanwhile, Nguyen Dang Quang has returned to Fobres’ list of the world’s billionaires.

Masan chairman back on Forbes billionaires list

Nguyen Dang Quang, founder of Masan Group, has reappeared on Forbes’ list of billionaires after previously dropping out due to a fall in his assets.

Vietnamese billionaires reach out to world market

More and more Vietnamese businesses want to enter the world market after succeeding in the domestic market. Vietnam is not only famous as a farm produce exporter, but also as an exporter of hi-tech products.

How much do ‘big bosses’ earn?

Many large corporations’ owners have accepted no salary during a difficult period, but other CEOs have received tens of billions of dong a year.

Billionaires from East Europe operating in major business fields in Vietnam

Most Vietnamese businesspeople who started businesses in East European countries after finishing studies there returned to Vietnam to do business in their fields.

Masan’s president no longer dollar billionaire, assets drop

The stock assets of Nguyen Dang Quang, president of Masan Group, have fallen to below $1 billion. Several other billionaires have also lost billions of dong following the sharp falls of the VN-Index recently.

Five Vietnamese billionaires feature in Forbes 2023 list

Forbes has updated its list of the world's billionaires, with five billionaires from Vietnam making the latest rankings.

Super-rich Vietnamese number nearly 1,000

The number of USD billionaires in Vietnam has decreased, but the number of super-rich people has risen rapidly and is expected to increase sharply in coming years.

Billionaires’ family members make multi-billion VND deals

Many stock sell/purchase deals have been made recently by the sons and daughters of billionaires, catching the special attention of investors.

How rich is billionaire Pham Nhat Vuong now?

The last week ended with the information that billionaire Pham Nhat Vuong jumped into the 23rd position on Forbes’ list of the top billionaires, with assets increasing by tens of billions of dollars thanks to the sharp rise in VinFast share prices.

Pham Nhat Vuong 16th richest man globally after VinFast shares exceed US$90 mark

Shares of Vietnam’s leading electric vehicle maker VinFast (VFS), owned by Billionaire Pham Nhat Vuong amounted to US$93/share at a time, raising the market value to more than US$191 billion on the Nasdaq trading session on August 28.

The Vietnamese billionaires in the US

Hoang Kieu is the best-known Vietnam-born billionaire in the US as his partner is a celebrity in Vietnamese show business. But there are many other billionaires of Vietnamese origin in the US.