The last place in the billionaires list is occupied by Tran Ba Duong, chairman of Truong Hai Auto (Thaco), and his family whose net worth of $1.6 billion has remained the same since the beginning of the year. Today, he owns the biggest car company in Vietnam, Truong Hai Auto Company (Thaco) and enjoys a net worth of $1.6 billion. Besides, Mr. Vuong also turned investments into non-profit ventures in fields like education, sports, and healthcare. According to the list of World billionaires in 2021 by Forbes Magazine (USA), Vietnam has 6 representatives including Pham Nhat Vuong, Nguyen Thi Phuong Thao, Tran Dinh Long, Ho Hung Anh, Tran Ba Duong, and Nguyen Dang Quang. His net worth has risen by 36 percent to $3 billion, making him the countrys second richest person. Truong Hai Automobile Company founded by Duong initially only sold cars at the beginning, then gradually assembled for foreign brands such as Kia, Mazda and Peugeot, and produced Vietnamese-branded buses and trucks. He is listed as the third wealthiest person in Vietnam and regarded as the most successful businessman in the steel industry in Vietnam. In 1987, he entered Hanoi University of Mining and Geology and was sent to Russia to . Mr Tran Ba Duong is ranked 5th in the top 100 richest in Vietnam - Source: Cafef. Photo: VNA. It transported 23 million passengers last year, accounting for 46% of the passenger market in Vietnam. Vuong has been on Forbes billionaire lists for nine consecutive years. Ho Hung Anh, chairman of Techcombank, the countrys largest private lender, saw his net worth surge 62 percent to $2.6 billion. Although at the very beginning, it just had a handful of domestic routes. A few decades ago, when rivers were catching fire and people started getting cancer in their own backyards, we caught on to the idiocy of dumping pollution into water and onto land. 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The latest list of the richest people in Vietnam According to the latest update from Forbes, total assets of the six billionaires in Vietnam as of December 23, 2021 were up to 19.5 billion USD. Vietjet Air's net revenue reached 2,654 billion VND, down 25% compared to the second quarter and down 5.5% over the same period last year. [10] His wife, Phm Thu Hng and sister-in-law Phm Thy Hng ranked third and fifth respectively. From top left: Nguyen Dang Quang, Pham Nhat Vuong, Ho Hung Anh, Tran Ba Duong, Nguyen Thi Phuong Thao and Tran Dinh Long. In March 2019, he became one of the billionaires in Vietnam with a total fortune of $2.2 billion. By the end of 2021, VinFast has handed over about 72,000 petrol cars to customers. He dropped 67 spots on the list to 411th. With a net worth of US$6.4 billion, Mr. Pham Nhat Vuong, the chairman of Vingroup had moved up to 228th on the Forbes rich list. Key facts about Asian Americans, a diverse and growing population. Part of the billionaires list and a longtime business partner of Ho Hung Anh, Nguyen Dang Quang also invested in Techcombank in the 1990s and later founded Masan Group with Anh. In December 2020, Pham and his wife's VinFuture Foundation established the $4.5 million VinFuture Prize for science and technological innovation. Mr. Pham Nhat Vuong, Chairman of Vingroup, was the richest person in Vietnam with assets of 7.3 billion USD. The group's main units include automaker Vinfast, property developer Vinhomes and Vinsmart, which makes smartphones and other devices. 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Vietnams second richest person goes to the female CEO of Vietjet Air, Nguyen Thi Phuong Thao, with a net worth of US$2.8 billion, followed by CEO Tran Dinh Long of steel company Hoa Phat with US$2.2 billion. He took control in 2006, making it the largest commercial bank in Vietnam. In order to take full advantage of the benefits of Big Data, it's crucial to keep the following two pieces of advice in mind. But when should a corporation select the most appropriate software agency to build up an OSDC? His new $3 billion steel factory in Dung Quat has an annual capacity of five million tons, and hes planning to expand further to meet the countrys growing demand for steel. Thailand's 50 Richest 2020: Forbes Asia ranks Thailand's wealthiest business people. The US magazine Forbes has announced its 2021 list of richest people in the world, in which Vietnam has six representatives. This result used to help Long's fortune approach 4 billion USD. Vingroup founder Pham Nhat Vuong and five other Vietnamese billionaires are part of Forbes 2021 wealthiest people in the world. THACO has marked an incredibly important milestone in his career. His net worth has risen by 4.9 times since 2013. Thanks to the sudden increase in business results, Hoa Phat's stock became the focus of attention. The criterion to be on the list is the size of an individuals wealth based on she prices and exchange rates on the fifth March 2021. Mr. Nhon has a total asset value of $2.9 billion, ranked 1,053 and is the latest face in the list of the richest people in Vietnam named in this years list of world billionaires. The price of this share increased from the threshold of 31,000 VND to more than 55,000 VND in early June, then to 60,000 VND. Bernard Arnault is the world's richest man, with a net worth of $212 billion . - Net worth: $5.0 billion (#532 wealthiest in the world) - Residence . Head Office: 71 Hang Trong Street - Hanoi, Tel: +84 (24) 3 825 4231/3 825 4232 - Ext: 227, Email: [email protected] - [email protected], Vietnam latest news, politics, business, culture, sports & travel | Nhan Dan Online, Digital transformation enhanced to build a modern logistics industry, PM attends inauguration of Thai Binh 2 thermal power plant, Phu Bai Airports T2 passenger terminal put into service, Vietnam exports more than 1.85 million tonnes of rice in Q1, Quang Ninh seeks to remove difficulties for businesses, Thanh Hoa to celebrate Japan-Vietnam ties, Vietnam ranks third in exporting mango to RoK, US extends tax evasion investigation conclusion on Vietnamese stainless steel wires, April's consumer price index down 0.34% m-o-m, Two sections of eastern North - South Expressway open to traffic, HCM City draws nearly 980 million USD of FDI in four months, Summer OCOP Trade Fair kicks off in Quang Ninh, Vietnam Airlines to launch Hanoi - Melbourne route on June 15, Festival displaying over 1,000 agricultural products and specialties opens in Ho Chi Minh City, FDI a key contributor to national development for decades, Deputy PM asks for closer coordination to speed up public investment disbursement, Bac Giang to export 1,500 tonnes of lychee to the US, Activating resources for collective economy and cooperatives, Global Sourcing Fair Vietnam 2023 kicks off in Ho Chi Minh City, President lauds VCCI for contributions to national development, Lai Chau combines tourism with building new-style rural, OECD forecasts Vietnams economic growth at 6.5% this year, Vietnamese billionaires on Forbes' richest list. The 52-year-old Vingroup chair is a self-made billionaire, whose first business was a Vietnamese restaurant where he personally served customers. Thay shows us that true leaders prepare for what comes after, too. The US magazine Forbes has updated its 2023 list of richest people in the world, in which Vietnam has six billionaires (seven billionaires in 2022). Their assets are worth $13.1 trillion, up from $8 trillion on the 2020 list. If VinFast, the first fully fledged automaker in Vietnam, is listed on the New York Stock Exchange with a minimum valuation of $50 billion, Vuong, who directly and indirectly holds nearly 46 percent of the company, will see his net worth more than triple from the current $9 billion to $32 billion. For the first time, Vietnam has 7 billionaires according to Forbes 2022 list of world billionaires, with the latest example being NovaGroup founder Bui Thanh Nhon and the richest person in Vietnam is Mr. Pham Nhat Vuong, Chairman of Vingroups Board of Directors. The Hoa Phat stock was bullish in the first 10 months of the year thanks to rising steel prices, but has lost 21 percent since then. Vietnam The upcoming IPO of automaker VinFast could catapult Pham Nhat Vuong as the first Vietnamese to enter the rarefied bracket of the world's top 50 richest people. At number 1444 is Tran Dinh Long, founder of Hoa Phat Corp, an equipment and parts distributor. Globally, Amazon founder Jeff Bezos remains the richest person with US$177 billion, followed by the CEO of Tesla Elon Musk with US$151 billion and Chairman and CEO of LVMH Bernard Arnault with US$150 billion. Ho Hung Anh, Chairman of the Board of Directors of Vietnam Technological and Commercial Joint Stock Bank (Techcombank), has a total asset value of about 2.3 billion USD, ranked 1,341 in the list of world billionaires 2022. Pham Nhat Vuong, chairman of Vingroup, is the countrys richest billionaire with a net worth of $7.3 billion and ranks 344th in the world. Being born and living here in Vietnam, I got a chance to see lots of beautiful places, try countless great dishes, & experience many interesting things in places I visited. [1] [2] Vietnamese billionaires list [ edit] See also [ edit] The World's Billionaires List of countries by the number of billionaires References [ edit] In the drug-fueled final months of his life, the charismatic Zappos founder was surrounded by people who milked millions from his fortune. HPG is in the blue-chip group that leads the market in the early and mid-year period. He sponsors PVF, a center for young soccer talents. Then, he gradually established Vingroup, focusing on many fields such as real estate, retail, and healthcare, etc. Nguyen Thi Phuong Thao, also called the female general, is a businesswoman and billionaire, who is currently the general director of VietJet Air, and the Standing Vice President of the Board of Directors of HDBank. Mr. Tran Ba Duong, Chairman of THACOs Board of Directors, has a net worth of about 1.6 billion USD, ranking 1,818th. Vinfast plans to invest $4 billion in an EV factory in North Carolina to make electric SUVs. Those with roots in Vietnam (2.2 million), Korea (1.9 million) and Japan (1.5 million) each have a population of at least 1 million. Forbes recently released its 2021 worlds wealthiest list, and its quite surprising. The net worth of Nguyen Dang Quang, chairman of Masan Group, has skyrocketed by 83 percent after the MSN ticker gained 95 percent this year as demand for essential goods rose during the months of social distancing. He was a senior director of Blackstone Group, holding assets up to US$1.1 billion. Mr. Bui Thanh Nhon is the latest face in the list of 7 Vietnamese billionaires in the list of world billionaires in 2022 announced by Forbes. Anecdotes put a face to whom that phenomenon hurts. 6. Anh started investing in Techcombank in 1995, as he was trading goods between Eastern Europe and Vietnam. His businesses produced 1.6% of total U.S. economic output. Another self-made billionaire, Tran Ba Duong, got his start working at an auto repair factory in the 1980s, and eventually worked his way up to management. The following Forbes list of Vietnamese billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2021 and 2022. I don't care how much money I make. Tran Dinh Long, chairman of steelmaker Hoa Phat Group, returns to U.S. magazine Forbes Vietnam billionaire list after failing to make it last year. The accumulative net worth of six billionaires in Vietnam expanded by nearly $500 million as the benchmark VN-Index hit a fresh peak on April 1. As other Vietnamese billionaires, Mr. Pham Nhat Vuong first started his career relatively early . Over time, THACO has continuously thrived, and gradually transformed into a multi-industry company with key investment fields such as Logistics, Trade - Service, Investment - Construction, Automotive & Mechanics, Agriculture, and Forestry. #20. Forbes' annual list calculates net worth by using stock prices and exchange rates from March 5. Philosophers have long claimed their discipline to be preparation for death. The carriers share price has lost 1 percent this year though the VN-Index is up 34 percent. Pham Nhat Vuong remains the richest Vietnamese, who has been on the list for eight consecutive years. Hung Anhs total asset value is $1.6 billion. Vuong is also the only Vietnamese in the group of 500 richest people in the world. She also has investments in HD Bank and real estate, including three beach resorts. Data brings to light the ubiquity of a phenomenon. THACO was established in 1997, originally selling cars, then assembling cars for international brands such as Peugeot, Mazda, and Kia. The statistics are startling. Both Amazon and Tesla enjoyed soaring profits last year. Like us on Facebookorfollow us on Twitterto get the latest news about Vietnam! The number of billionaires has gone up by hundreds (2,755 in 2021, 2,095 in 2020) with their total wealth exploding to $13.1 trillion, up from just $8 trillion a year ago. Pham Nhat Vuong, chairman of Vingroup, is the country's richest billionaire with a net worth of $7.3 billion and ranks 344th in the world. Like billionaire Ho Hung Anh, Quang was known for being a successful Eastern European entrepreneur in the chili sauce and instant noodle industries, before bringing their companies back to Vietnam and building their empires with Masan and Techcombank. The six richest people in Vietnam as of January 6. Compared to February 2020, the billionaire's fortune has decreased by about 100 million USD. I dont care how much money I make. . . Vuong is the first billionaire in Vietnam to be recognized by Forbes for the first time in 2013 with a net worth of 1.7 billion USD. Billionaires are ranked by net worth as of March 24. Vuong was ranked 262nd as of Tuesday. On the list released Wednesday, Pham Nhat Vuong, owner of Vietnam's biggest real estate conglomerate Vingroup and the country's first billionaire, enjoyed his eighth consecutive appearance, ranked as the . Agnes Alpuerto From top left: Nguyen Dang Quang, Pham Nhat Vuong, Ho Hung Anh, Tran Ba Duong, Nguyen Thi Phuong Thao and Tran Dinh Long. Top row: Vingroup chairman Pham Nhat Vuong; Second row (from L): Vietjet CEO Nguyen Thi Phuong Thao, Hoa Phat chairman Tran Dinh Long; third row (from L): Techcombank chairman Ho Hung Anh, Thaco chairman Tran Ba Duong, Masan chairman Nguyen Dang Quang. Leonid Mikhelson Net worth: $25.4 billion Leonid Mikhelson is the chief executive officer of Novatek. According to the latest update of Forbes' world billionaires list (February 2023), Vietnam has 6 billionaires: Vingroup Chairman Pham Nhat Vuong, VietJet Air CEO Nguyen Thi Phuong Thao, Hoa Phat . Then, it has gradually expanded to 80 aircraft which serve 120 destinations. Copyright 1997 VnExpress.net. Having a poor work-life balance is not uncommon, but that doesn't have to be how you live your life. The exhibition takes visitors back in time to understand the planets biological evolution from the Hadean, to the Precambrian, and the Phanerozoic eras. She is considered as Vietnams first self-made woman billionaire when she launched the low-cost carrier. According to Forbes Magazine, top 6 Vietnamese billionaires in 2021 are Mr. Pham Nhat Vuong, Mrs. Nguyen Thi Phuong Thao, Mr. Tran Dinh Long, Mr. Ho Hung Anh, Mr. Tran Ba Duong and Mr. Nguyen Dang Quang. Forbes methodology is the wealth-tracking platform that provides ongoing updates on the net worth and ranking of each individual confirmed to be a billionaire. If assets are calculated according to the value of the stock market, Vietnam will have more USD billionaires. On the magazines list, Tran Dinh Long, chairman of Hoa Phat Group, becomes the third-richest man in Vietnam with $2.2 billion in net worth. Nicholas Kamm/Getty Images. Energy tycoon Sarath Ratanavadi, is the 5ht richest person in the country; his net worth stands at $8.9 billion. Premium Statistic Change in billionaires' wealth during COVID-19 pandemic Vietnam 2020; Related News. The art form is so popular that it attracts people from all ages in the Mekong Delta, Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam, This has been the second incident of vandalism on the citys maiden metro line, Only 48 Cebu Pacific flights to and from the capital Manila were affected, Only the body of the whale remained while the head appeared to have completely decayed, Nineteen people died because of traffic accidents in just 24 hours, There is currently only one house with a reed roof in a wine-growing region of eastern Austria that was once filled with thatched homes, Heavy rain also caused flooding on certain roads in the tourist town of Sa Pa, Da Lat is one of Vietnams most underrated foodie hotspots. - VnExpress International . Mr. Ho Tung Anh is in the top richest billionaires on the stock exchange and also the Chairman of the Board of Directors of Techcombank. At the time, John D. Rockefeller was the richest person in the worldworth roughly $285 billion in today's terms. Subsidiary of VnExpress Please enter email to get furtherinformation for your travel plan, Besides nature's beauty, historical relics,.. Vietnamese souvenirs especially handcrafted gifts with unique and catchy processes, also attract tourists a lot. At the beginning of 2020, this billionaire's assets reached only 1.3 billion USD, ranking fourth on the list of Vietnamese billionaires. The richest segment of the population (the top 20 percent) has an average monthly per capita income of around VND9.1 million, about eight times higher than that of the poorest (bottom 20 . 1. He also built a center of contemporary art. A staggering 86% are richer than a year ago, according to Forbes. 2021 was a difficult year for the domestic aviation industry. All these figures stand in stark contrast with the economy-busting effects of the pandemic worldwide. However, with specific strategies, Vietjet Air still recorded amazing development milestones. The following is an overview of an OSDC's capabilities, as well as a checklist of six critical points for success. I want to build things that make life beautiful, Vuong told Forbes. Tesla chief executive Elon Musk, the biggest gainer in dollar terms, rocketed into the second spot with $151 billion. Vietnams representatives include Pham Nhat Vuong, Nguyen Thi Phuong Thao, Tran Dinh Long, Ho Hung Anh, Tran Ba Duong, and Nguyen Dang Quang whose fields of business vary among manufacturing, real estate, airlines, automotive, steel, and consumer products. In contrast, Quang's net worth increased by 36 percent to 1.9 billion USD. Amazon founder Jeff Bezos remains the worlds richest person for the fourth consecutive year, with an estimated fortune of $177 billion. All rights are reserved by Tuoi Tre/Tuoi Tre News Content may not be republished, except with the prior written permission of Tuoi Tre/Tuoi Tre News. The fifth richest person in Vietnam is Mr. Nguyen Dang Quang, Chairman of Masan Group. Vietnam's richest personare injecting an additional $2.5 billion in fresh capital into VinFast to help accelerate the electric vehicle maker's expansion across North America and Europe. The US magazine Forbes has announced its 2021 list of richest people in the world, in which Vietnam has six representatives. Pham Nhat Vuong (L), chairman of Vingroup, walks next to Vietnam's then Prime Minister Nguyen Xuan Phuc inside automaker's VinFast factory in Hai Phong, northern Vietnam, June 14, 2019. Ho Hung Anh, chairman of Techcombank, is at number 1931, with a net worth of $1.6 billion. Pham Nhat Vuong studied in Russia and started a popular instant noodle business in the Ukraine in the 1990s before moving back. Pham Nhat Vuong, chairman of Vietnams largest private conglomerate Vingroup, remains the wealthiest person in the Southeast Asian country with a US$7.3 billion fortune, according to Forbes annual list of the worlds richest unveiled on Tuesday. Tran Dinh Long of Hoa Phat Group made his second time on the list after the first in 2018. Follow us on Facebook | Twitter, Copyright 2020 Vietnam Insider. Pham Nhat Vuong of Vingroup, is listed the 270th out of 2,674 billionaire around the world. Forbes lists 79 billionaires in Florida. In early 2022, Mr. Nhon withdrew from the position of Chairman of Novaland, a real estate company listed on the stock exchange, only holding the position of Chairman of NovaGroup, a private group that has just restructured its operations with 8 business segments core, from real estate, agriculture to new business segments such as consumer goods, retail services, entertainment services, CONTRIBUTOR | Opinions expressed by contributors are their own. Singapore, in fourth place, is Asia's highest entry, marginally ahead of Hong Kong, with the level of wealth required being US$2.9 million and US$2.8 million respectively. Pham Nhat Vuong, chairman of conglomerate Vingroup and the richest person in Vietnam, saw his assets increase by $100 million to $7.4 billion though his company's stock (VIC) has lost 25 percent from its April peak of VND128,000 ($5.59). Reflects change since 5 pm ET of prior trading day. In addition, he is also known as the General Director of Dai Quang Minh Real Estate Investment Joint Stock Company. Tran Ba Duong is the founder and also the Chairman of the Board of Directors of Truong Hai Automobile Joint Stock Company (THACO), the biggest car company in Vietnam with over a third of the automobile market nationally. The number of super-rich people in Vietnam is forecast to . Vingroup and its billionaire founder Pham Nhat Vuong Vietnam's richest personare injecting an additional $2.5 billion in fresh capital into VinFast to help accelerate the electric vehicle .

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