Mr. Pham Nhat Vuong has an additional 1.5 billion USD in assets, strengthening the support for VinFast

Mr. Pham Nhat Vuong - Chairman of the Board of Directors of Vingroup Corporation

At the end of the session on March 7, Vingroup's capitalization increased by nearly VND11,300 billion to VND173,200 billion. Chairman of the Board of Directors Pham Nhat Vuong, with 691.3 million VIC shares (18.08% of capital), had an additional VND2,040 billion, raising total assets to VND31,300 billion. His wife, Ms. Pham Thu Huong, also recorded an increase of more than VND500 billion.

According to the latest update from Forbes, billionaire Pham Nhat Vuong's assets as of March 7 reached 5.6 billion USD, an increase of 1.5 billion USD compared to the beginning of 2025. With this level, he ranked 611th in the list of the world's richest people, up 228 places. In mid-June last year, his assets were valued at 4.2 billion USD by Forbes.

At this time, Mr. Vuong attracted attention when he affirmed that he would financially support VinFast "until I run out of money". Previously, at the annual shareholders' meeting at the end of April 2024, he also went straight to concerns about focusing on VinFast, reaffirming that this is not only a business project but also carries the meaning of social responsibility.

According to him, VinFast's goal is not only to produce cars but also to become a world leader. Therefore, he committed to devoting all resources to this project. After pouring in 1 billion USD, the billionaire said he would continue to arrange at least 1 billion USD more from his personal assets to support the electric car company.

Source: https://nguoiquansat.vn/ong-pham-nhat-vuong-co-them-1-5-ty-usd-tai-san-cung-co-diem-tua-cho-vinfast-203471.html