How will the assets of Vietnamese billionaires fluctuate in 2024?

Việt NamViệt Nam30/12/2024


The list of Vietnamese billionaires according to the latest update on December 27 by Forbes recorded 6 Vietnamese people including Vingroup Chairman Pham Nhat Vuong, Hoa Phat Chairman Tran Dinh Long, VietJet Air Chairman Nguyen Thi Phuong Thao, Thaco Chairman Tran Ba ​​Duong, Techcombank Chairman Ho Hung Anh and Masan Group Chairman Nguyen Dang Quang.

Billionaire Ranking
(March 2024)
Ranking
(December 29, 2024)
Increase or decrease in assets
Pham Nhat Vuong 833 833 -300
Nguyen Thi Phuong Thao 1,185 1,185 100
Tran Dinh Long 1.401 1.401 -200
Ho Hung Anh 1,834 1,834 100
Tran Ba ​​Duong 2,432 2,432 0
Nguyen Dang Quang 2,697 2,697 -200

The six billionaires hold a fortune of $13.4 billion, down $400 million from Forbes' last announcement on March 31, 2024, but up $800 million from the end of 2023.

The richest person in Vietnam is currently Mr. Pham Nhat Vuong, Chairman of the Board of Directors of Vingroup (stock code: VIC) and General Director of VinFast with assets of 4.1 billion USD, down 200 million USD compared to the beginning of the year and ranked 833rd in the world. The reason is that VIC shares continued to decrease by more than 9% over the past year.

Currently, Mr. Pham Nhat Vuong directly holds more than 691 million VIC shares, the rest is owned through private companies such as GSM, VMI or Vietnam Investment Group. He is also holding a large amount of VFS shares through private companies.

Along with Mr. Pham Nhat Vuong, the assets of Mr. Tran Ba ​​Duong (Chairman of the Board of Directors of Thaco) and Mr. Nguyen Dang Quang (Chairman of the Board of Directors of Masan Group) also decreased compared to the end of last year.

Among them, the assets of Thaco Chairman and Masan Group Chairman both decreased by 200 million USD. Mr. Quang is a rather special case when he continuously appeared in and out of Forbes billionaire list due to the fluctuations of MSN stock.

Mr. Quang was recognized as a billionaire in the list published in early 2019, with assets of 1.3 billion USD. In 2023, he appeared on the list of world billionaires at the beginning of the year, but left this list from October 2023, when Masan's stock price fell more than 30% from its peak. Previously, from November 2019 to October 2020, the Chairman of the Board of Directors of Masan was also not recognized as a billionaire by Forbes.

Meanwhile, the assets of Ms. Nguyen Thi Phuong Thao, Mr. Ho Hung Anh and Mr. Tran Dinh Long increased. The person with the strongest increase was billionaire Nguyen Thi Phuong Thao, Chairwoman of the Board of Directors of Vietjet, Vice Chairwoman of the Board of Directors of HDBank with 700 million USD, up to 2.9 billion USD. Ms. Thao is currently ranked 1,185th in the Forbes list of world billionaires.

In addition, thanks to the positive performance of HPG and TCB stocks in 2024, the assets of Mr. Tran Dinh Long (Chairman of the Board of Directors of Hoa Phat) and Mr. Ho Hung Anh (Chairman of the Board of Directors of Techcombank) also increased by 600 million USD and 300 million USD, respectively.

TB (according to VnExpress)


Source: https://baohaiduong.vn/tai-san-cua-cac-ty-phu-viet-bien-dong-the-nao-trong-nam-2024-401824.html

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