2024 has ended, Vietnam still maintains 6 names in the USD billionaire ranking, according to updated data on Forbes. Among them, there are billionaires who increased their net assets, on the contrary, there are tycoons whose assets decreased.
Mr. Pham Nhat Vuong - the richest billionaire in Vietnam - appeared with his two sons at the VinFuture Award ceremony - Photo: NGUYEN KHANH
Mr. Pham Nhat Vuong continues to be the richest person in Vietnam.
The person holding the top position in the 2024 Vietnam USD billionaires ranking is still Mr. Pham Nhat Vuong - Chairman of Vingroup and General Director of VinFast - with 4.1 billion USD, according to data from Forbes. Although maintaining his position as the richest person in Vietnam and ranking 712th on the list of the richest people in the world, Mr. Vuong's net worth at the end of the year was somewhat "depleted" compared to the end of the first quarter of 2024 (4.4 billion USD). The assets of billionaires are statistically based largely on stock value. Billionaire Vuong is holding 691.27 million VIC shares of Vingroup, equivalent to about 18% of the group's charter capital. Mr. Vuong owns the rest through his own companies. In 2024, the VN-Index increased by more than 12%, but many Bluechip stocks were under pressure from foreign net selling pressure, such as VIC of Vingroup (-9%). With a large fortune, Mr. Vuong is focusing all his efforts and enthusiasm on making electric cars with a personal commitment of 50,000 billion VND. Not only Vingroup's chairman, 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 - have also decreased compared to the end of last year. At the end of 2024, billionaire Duong's assets will be 1.2 billion USD, a decrease of 300 million USD compared to the end of 2023. Mr. Quang also "lost" 300 million USD, to 1 billion USD.Vietnam aims to have 10 USD billionaires
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Source: https://tuoitre.vn/viet-nam-van-co-6-ti-phu-usd-nhung-vi-nao-nam-qua-gia-tang-tai-san-20250101210732412.htm
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