Five affluent Vietnamese individuals featured on the Forbes wealth ranking
In the dynamic landscape of Vietnam's burgeoning industries, such as real estate, banking, aviation, and consumer goods, the country's wealthiest individuals continue to thrive. According to Forbes' most recent available rankings, as of late June 2024, the following five billionaires stand out, based on net worth figures reported around that period, with some updates referencing the latest available data through June 2025 for accuracy.
1. **Pham Nhat Vuong – Chairman, Vingroup and CEO, VinFast** - **Net worth:** $10.4–$10.5 billion - **Background:** Remaining Vietnam's richest individual for the 15th consecutive year, Pham Nhat Vuong's strong performance can be attributed to the robust performance of Vingroup and VinFast shares[2][1][4]. Vuong's expanding influence is seen in the real estate and electric vehicle sectors through VinFast.
2. **Nguyen Thi Phuong Thao – Chairwoman, VietJet** - **Net worth:** $2.5 billion - **Background:** Chairwoman of Vietnam’s leading low-cost airline, VietJet, Nguyen Thi Phuong Thao's net worth has slightly declined from earlier in 2024[2][1].
3. **Ho Hung Anh – Chairman, Techcombank** - **Net worth:** $2.3 billion - **Background:** Chairman of Vietnam’s largest private bank by market capitalization, Ho Hung Anh's wealth increased notably in recent months[2][1].
4. **Tran Dinh Long – Chairman, Hoa Phat Group** - **Net worth:** $1.9 billion - **Background:** Leading one of Vietnam’s largest steel producers, Tran Dinh Long reported a net worth decline from earlier in the year[1].
5. **Nguyen Dang Quang – Chairman, Masan Group** - **Net worth:** $1.1 billion - **Background:** Head of Masan Group, a major player in food and beverage, Nguyen Dang Quang returned to Forbes’ billionaire list as share prices surged[1][2].
These rankings are based on Forbes' publicly available data and recent financial market performance that affected billionaire valuations through the end of June and early July 2025 (with most relevant data for June 2024 included in reporting cycles). The order and net worth figures are consistent across multiple credible Vietnamese financial and business news sources[1][2][5].
In addition to these billionaires, notable mentions include Tran Dinh Long, chairman of Hoa Phat Group, with a net worth of $1.9 billion, and Vincom Retail, which ranks among Forbes Vietnam's top 25 leading brands. Viettel Global, a significant player in the telecommunications sector, recorded a 22% Q1 revenue growth.
Forbes' real-time rankings adjust daily based on market fluctuations, stock prices, and asset valuations. As of the latest available data, Pham Nhat Vuong ranks 273 among the world's wealthiest individuals, while Nguyen Thi Phuong Thao ranks 1,517 globally. Ho Hung Anh ranks 1,631 worldwide.
The rankings highlight the growing presence of Vietnamese entrepreneurs on the global wealth map, reflecting the expanding industries and economic growth in Vietnam.
- The financial wealth of Pham Nhat Vuong, Chairman of Vingroup and CEO of VinFast, is largely attributed to the success of these businesses, particularly in the real estate and electric vehicle sectors.
- Ho Hung Anh, Chairman of Techcombank, has seen an increase in his net worth due to the bank's significant position in Vietnam's finance industry.
