According to the Wealth Report of Knight Frank (UK), the number of super-rich people in Vietnam in 2023 increased by 2.4% compared to the previous year, to 752 people. This growth rate is quite high in the Asia- Pacific region.

The super-rich are individuals who must own assets of 30 million USD or more (about more than 740 billion VND according to the exchange rate of 24,820 VND/USD announced by Vietcombank on March 13).

In Southeast Asia, Vietnam's super-rich growth rate is much higher than Thailand's 0.8% increase, but lower than Malaysia's 4.3% and Indonesia's 4.2%, or Singapore's 4%.

However, according to Knight Frank, from 2023 to 2028, the growth rate of super-rich people in Vietnam will be the fastest in the world , ranking 5th in the Asia-Pacific region (with an increase of 30%), only behind India (+50.1%), China (+47%), Turkey (+42.9%), Malaysia (+34.6%).

The growth rate of Vietnam's super-rich is forecast to be higher than that of South Korea, Hong Kong (China), and Singapore in the period 2023-2028.

According to Knight Frank, by 2028, Vietnam will have 978 super-rich people.

According to the London-based global real estate consulting and trading company, the rich and super-rich in Asia still pay special attention to luxury investments. Imports of luxury goods in Vietnam are recorded to have increased very high, especially with luxury cars, jewelry,...

The growth rate of the super-rich in Vietnam is recorded quite high in the context of Vietnam's economy growing quite well compared to the world and the middle class growing strongly.

Knight Frank has not released the list of Vietnam’s super-rich. However, on the stock market, there are about 180 businessmen and their relatives with assets from stocks worth over 30 million USD, including 6 USD billionaires.

6 USD billionaires

According to Forbes, in the list of world USD billionaires, as of March 13, Vietnam has 6 representatives, with a total asset value of 14 billion USD. Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation (VIC) is at the top of the list.

Of which, Mr. Pham Nhat Vuong has assets of 4.4 billion USD. Chairwoman of VietJet Air (VJC) Nguyen Thi Phuong Thao is in second place with 2.8 billion USD. Chairman of Hoa Phat (HPG) Tran Dinh Long is in third place with 2.6 billion USD. Chairman of Techcombank (TCB) Ho Hung Anh, Chairman of Thaco Tran Ba ​​Duong, Chairman of Masan (MSN) Nguyen Dang Quang are in the next positions with 1.8 billion USD, 1.2 billion USD and 1.2 billion USD respectively.

Compared to the 2022 ranking, the number of USD billionaires in Vietnam decreased by 1 person. Novaland Chairman Bui Thanh Nhon dropped out of the list when Novaland shares (NVL) fell sharply in 2022 and 2023. At the beginning of 2022, Mr. Bui Thanh Nhon had assets of 2.9 billion USD.

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Hanoi has many high-rise buildings with apartments costing millions of dollars. Photo: HH

About 180 super rich people on the stock market

The list of 752 super-rich Vietnamese in 2023 was not announced by Knight Frank. However, on the stock exchange, there are about 180 businessmen and related people with assets from stocks worth over 30 million USD and are super-rich.

In addition to the 6 USD billionaires above, there are many people related to these billionaires such as Mr. Pham Nhat Vuong's wife - Ms. Pham Thu Huong (holding shares worth 7,700 billion VND as of March 13); Ms. Vu Thi Hien - Mr. Tran Dinh Long's wife (12,300 billion VND); Ms. Nguyen Thi Thanh Thuy - Mr. Ho Hung Anh's wife (7,860 billion); Ms. Nguyen Hoang Yen - Mr. Nguyen Dang Quang's wife (3,540 billion VND)...

Also as of March 13, businessmen and major shareholders of large enterprises such as Mr. Do Anh Tuan Sunshine had assets converted from stocks worth VND 23,600 billion; Mr. Ho Xuan Nang Vicostone (VND 8,700 billion); Mr. Truong Gia Binh FPT (VND 9,090 billion); Mr. Ngo Chi Dung VPBank (VND 6,200 billion); Ms. Truong Thi Le Khanh Vinh Hoan Seafood (VND 7,400 billion); Mr. Dang Thanh Tam KBC (VND 5,150 billion); Mr. Nguyen Van Dat - Phat Dat Real Estate (VND 8,260 billion); Mr. Dao Huu Huyen - Duc Giang Chemicals (VND 9,070 billion); Mr. Nguyen Duc Tai - Mobile World (VND 4,200 billion)...

In addition, there are leaders and/or largest individual shareholders in a number of enterprises such as: Gelex (GEX), REE Corp., ACB Bank, SSI Securities, Ha Do Group, VNZ Company, Hoang Anh Gia Lai HAG, Sacombank (STB), Hoang Huy TCH Financial Services Investment, SeABank (SSB), Kinh Do (KDC), HDBank (HDB), CEO Real Estate, Dat Xanh (DXG), VCI Securities, Hoa Sen (HSG), Nam Long (NLG), TPBank (TPB), DIC Corp. (DIG), Minh Phu (MPC), Dabaco (DBC), OCB, SIP, SHB Bank, LPBank (LPB), Digiworld (DGW), PNJ, TPBank, OCB Bank, Kinh Bac KBC, VDS, MSH, Nam Kim NKG,...

In addition, some businessmen/shareholders of some enterprises such as THD, VIBBank, NLG, PTI... are also close to the super-rich threshold, with assets calculated only from stocks on the stock exchange, not including other assets or stocks of unlisted enterprises.

Many super rich people have not been revealed

In Vietnam, there are many famous businessmen and women who are considered super rich, even billionaires, but are not on any rankings such as: Ms. Nguyen Thi Nga BRG, Mr. Vu Van Tien Geleximco, "island lord" Dao Hong Tuyen, "brand king" Johnathan Hanh Nguyen...

Investors also see prominent faces such as Mr. Do Minh Phu Doji, Mr. Do Quang Hien T&T, the family of Mr. Dang Van Thanh - Thanh Thanh Cong, shrimp king Le Van Quang...

Many Vietnamese family corporations have become empires in the fields they operate in. One example is the family of Ms. Nguyen Thi Dien - An Phuoc Shoe Embroidery Garment Company Limited. This is a large textile and garment enterprise in Vietnam with over 7,000 employees and 11 factories nationwide, with the An Phuoc - Pierre Cardin store system (165 stores) and more than 60 Bonjour - Anamai brand stores (lingerie, sportswear and women's fashion accessories).

Besides, there are families such as: Doan Quoc Viet (BIM Group), Tran Kim Thanh - Tran Le Nguyen (Kido), Vu Khai Thanh (Biti's), Le Van Kiem (Golf Long Thanh), Nguyen Hoang Tuan (Son Kim), Ly Ngoc Minh (Minh Long porcelain), Tran Thanh Hai - Tran Thi Le (Nutifood), Nguyen Tri Tan (Kymdan), Nguyen Thi Mai Phuong (Tan A Dai Thanh).

Mr. Nguyen Dang Quang returns to the list of USD billionaires: Waiting for a breakthrough in the decade Chairman of Masan Group Nguyen Dang Quang is on the list of 6 USD billionaires of Vietnamese people. He can make a breakthrough in the next decade thanks to the number 1 consumer-retail empire in Vietnam as well as the machine that supplies raw materials for high-performance battery production in the future.