Việt Nam News

Forbes lists five Vietnamese billionaires, down one from previous six

February 17, 2024 - 08:55

According to Forbes, the current five Vietnamese billionaires are Vingroup Chairman Phạm Nhật Vượng, VietJet Air Chairwoman Nguyễn Thị Phương Thảo, Hòa Phát Chairman Trần Đình Long, Thaco Chairman Trần Bá Dương and Techcombank Chairman Hồ Hùng Anh.

VinFast, founded by VinGroup, became the first Vietnamese EV maker to debut on the Nasdaq last year. — Photo courtesy of VinFast

HÀ NỘI — The number of Vietnamese billionaires in USD has decreased to five in the early months of 2024 from the previous six, reported in April 2023.

Vingroup's Phạm Nhật Vượng topped the list as the richest man in Việt Nam with a total assets of $4.5 billion, ranking 648th globally. By February 7, the last trading season of 2023, Vượng assets increased by an additional $7 million after VHM increased by 2 per cent to VNĐ41,800 per share, VRE increased by 0.9 per cent, and VIC increased by 2 per cent, with all three stocks belong to Vingroup.

The only Vietnamese female billionaire Nguyễn Thị Phương Thảo was reported with a total asset of $2.4 billion, ranking 1301st globally after her worth was reported to surge by an additional $27 million as VietJet Air shares increased by 0.8 per cent, and Ho Chi Minh City Development Joint Stock Commercial Bank, in which Thảo and her husband own shares, increased by 2.4 per cent.

Hòa Phát Chairman Trần Đình Long's worth was estimated at $2.3 billion, ranking 1341st globally. Before the last trading season of 2023, his assets were reported to rise by $8 million as HPG shares went up slightly by 0.36 per cent.

Fourth place Trần Bá Dương, chairman of Thaco, has total assets of $1.5 billion, ranking 1980th globally. Fifth place Techcombank's Chairman Hồ Hùng Anh was reported with a total asset of $1.4 billion.

Nguyễn Đăng Quang, chairman of Masan, left the Forbes list as his worth was reported to fall below the $1 billion mark. Quang first entered the world billionaire list in 2019 with assets of $1.3 billion and has been included three times in the annual ranking with the highest estimate by Forbes at $1.9 billion. — VNS

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