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Three new names lift Vietnam’s billionaire count to eight on Forbes list

Vietnam has added three new billionaires after two executives at Vingroup and the chairman of VPBank appeared in Forbes’ real-time billionaire rankings, bringing the country’s total to eight.

Three new names lift Vietnam’s billionaire count to eight on Forbes list - 1
From left to right: Pham Thu Huong, vice chairwoman of Vingroup, Ngo Chi Dung, chairman of VPBank, and  Pham Thuy Hang, another Vingroup vice chairwoman

According to Forbes’ real-time data, the three newcomers are Pham Thu Huong and Pham Thuy Hang, both vice chairwomen of Vingroup, and Ngo Chi Dung, chairman of VPBank.

Pham Thu Huong, whose net worth is estimated at USD 2.2 billion, is the wife of Pham Nhat Vuong, chairman and co-founder of Vingroup. Born in 1969, Huong graduated from Kiev State University, Ukraine, with a bachelor’s degree in international law. She directly owns more than 341 million VIC shares, equivalent to around 4.4 per cent of Vingroup’s charter capital.

Another Vingroup executive, Pham Thuy Hang, also made the billionaire list with assets valued at approximately USD 1.5 billion. Born in 1974, Hang graduated in Russian language studies from Hanoi University. She holds about 228.3 million VIC shares, representing nearly 3 per cent of the group’s equity.

 The third new billionaire is VPBank chairman Ngo Chi Dung, whose net worth is estimated at USD 1.1 billion.

Born in 1968, Dung graduated from the Russian State Geological Prospecting University and holds a PhD in Economics from the Russian Academy of Sciences. He currently owns more than 328 million VPB shares, accounting for 4.141 per cent of the charter capital.

Notably, among 8 Vietnamese billionaires recognised by Forbes, Chairman of Vingroup Pham Nhat Vuong is still the richest. However, his wealth has fallen by USD 7 billion from the end of last year to USD 21.1 billion.

Other Vietnamese billionaires on the list included Vietjet chairwoman Nguyen Thi Phuong Thao, Techcombank chairman Ho Hung Anh and Hoa Phat Group chairman Tran Dinh Long.

Source: VOV
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