Top 10 Wealthiest Individuals in Vietnam

The title of the richest woman in Vietnam today goes to Mrs. Nguyen Thi Phuong Thao, the CEO of VietJet Air, and also the Vice Chairwoman of HDBank. She became the first female billionaire from Vietnam to make it to Forbes' list of the world’s wealthiest individuals in 2017. Moreover, she is known as one of the youngest and richest entrepreneurs in Vietnam. Currently, according to Forbes, she ranks at position 1277 with a net worth of $2.2 billion.

Detailed Information:

Born: 1970

Position: CEO of VietJet Air, Vice Chairwoman of HDBank

Net worth: $2.2 billion

Industry: Aviation, Banking

In the banking sector, one of the most notable names is Mr. Ho Hung Anh, Chairman of Techcombank. He is considered one of the wealthiest banking billionaires in Vietnam, with his fortune growing at a rapid pace. Known as a billionaire today, few know that he started his career selling instant noodles and hot sauce while studying in Russia. His successful entrepreneurial ventures laid the foundation for his continued growth and success.

With his current net worth, Mr. Ho Hung Anh ranks among Vietnam's wealthiest individuals. According to Forbes' list of the world’s richest people, he holds the 1905th spot with a total net worth of $1.7 billion, tied with Tran Ba Duong.

Detailed Information:

Born: 1970

Position: Chairman of Techcombank

Net worth: $1.7 billion

Industry: Banking

When mentioning Thaco Group, it is widely recognized as one of Vietnam’s top 10 largest conglomerates in 2023. This success has kept Mr. Tran Ba Duong, Chairman of Thaco Group, consistently ranked among the wealthiest individuals in Vietnam. Mr. Duong's passion for machinery began during his school days, leading him to pursue a degree in mechanical engineering. With a determination to create wealth and lead the automotive industry in Vietnam, he successfully founded Thaco in 1997. Additionally, he is now known as the CEO of Quang Minh Real Estate Joint Stock Company. With a net worth of $1.5 billion, Mr. Duong is currently ranked 1905th on the list of the world’s wealthiest individuals.

Detailed Information:

Born: 1960

Position: Founder and Chairman of Thaco Group

Net worth: $1.5 billion

Industry: Automotive

Mr. Do Anh Tuan is known as the Chairman of Sunshine Group, a rapidly growing conglomerate that was established in 2016. Despite its young age, the company has successfully attracted investment and expanded quickly into several industries, including real estate, technology, education, healthcare, manufacturing, commerce, and services.

Sunshine Group's success can be attributed to the leadership of Chairman Do Anh Tuan. Though relatively young, his knowledge and accumulated experience allowed him to build a billion-dollar conglomerate in a short period, placing him among the wealthiest individuals in Vietnam, with a total net worth of $1.4 billion.

Detailed Information:

Born: 1975

Position: Chairman of Sunshine Group

Net worth: $1.4 billion

Industry: Multi-sector

Nguyen Dang Quang is the next individual honored in the list of Vietnam's richest people. Recently, he was also recognized by Forbes as a dollar billionaire globally, ranking at 2133 with a net worth of $1.3 billion. As the founder and chairman of Masan Group, he is a self-made billionaire who maintains a low profile and holds a high academic degree.

Mr. Quang started his entrepreneurial journey alongside Mr. Ho Hung Anh, selling instant noodles in Russia. Later, he invested in a factory capable of producing 30 million noodle packets per month, before expanding into soybeans, fish, and chili sauce. In 2002, he introduced the Masan brand to Vietnam, launching the Chin-su soy sauce product. This marked the beginning of Masan's presence in Vietnam, continuing to develop other products under the brand.

Detailed Information:

Born: 1963

Position: Founder and Chairman of Masan Group, First Vice Chairman of Techcombank

Net worth: $1.3 billion

Industry: Food & Beverage, Banking

Another prominent figure in the real estate sector who has made it into the list of Vietnam's wealthiest individuals is Nguyen Van Dat, the Chairman of Phat Dat Real Estate Development Corporation, with a net worth of $720 million. Coming from a poor family, Mr. Dat only completed his high school education before having to quit school to work. Despite these challenges, he never gave up on his dreams. Although lacking formal business education, he gained valuable life lessons that played a key role in his success.

Under his leadership, Phat Dat has achieved significant milestones, consistently showing impressive growth in both revenue and capital over the years. In 2021, the real estate company surpassed $1.1 billion in value, and as a result, Mr. Dat's influence in the business world continues to expand.

Detailed Information:

Born: 1970

Position: Co-founder and Chairman of Phat Dat Real Estate Development Corporation

Net worth: $720 million

Industry: Real Estate

Pham Thu Huong, the second female entrepreneur in the list of Vietnam's wealthiest individuals, is also known as the strong support behind the brilliant billionaire Pham Nhat Vuong. Currently, she serves as the Vice Chairwoman of the Board at VinGroup, holding 150 million VIC shares. She has consistently ranked among the wealthiest individuals on Vietnam's stock exchange for many years.

She is a private person, always working behind the scenes to support her husband, only making public appearances when necessary. With the remarkable growth of VinGroup, it is clear that she has played a significant role in its success. Her efforts have helped elevate her to the tenth position in the list of Vietnam’s wealthiest people.

Detailed Information:

Born: 1969

Position: Co-founder, Vice Chairwoman of VinGroup

Net worth: $523 million

Industry: Multiple sectors

Pham Nhat Vuong is one of Vietnam's wealthiest individuals and was among the first to be recognized by Forbes as part of the World's Billionaires list. He is the founder and chairman of Vingroup, a conglomerate known for its success across various industries, with a current net worth of $37.5 billion.

With years of business acumen and a sharp eye for market opportunities, Pham Nhat Vuong has built renowned brands such as Vinhome and Vinfast. Notably, he introduced the first electric vehicle in the U.S. market, marking a significant milestone in his journey and solidifying his position as a global leader. His achievements serve as a powerful example for young entrepreneurs seeking inspiration and guidance on how to build wealth from the ground up.

Detailed Information:

Born: 1968

Position: Founder and Chairman of Vingroup

Net worth: $37.5 billion

Industry: Multiple sectors

Bui Thanh Nhon ranks second on the list of Vietnam's wealthiest individuals and is the chairman of Novaland Group, one of the country's top real estate conglomerates. Although he is widely recognized for his success in real estate, Mr. Nhon started his career in the veterinary medicine industry. Initially trained as an animal husbandry engineer, he transitioned into real estate with remarkable business acumen, ultimately becoming the influential leader behind the billion-dollar Novaland empire.

In 2016, he became Vietnam's third billionaire and has since continued to grow his wealth, reaching a net worth of $2.6 billion, securing his position as the second richest person in Vietnam, as recognized by Forbes.

Detailed Information:

Born: 1958

Position: Chairman of Novaland Group

Net worth: $2.6 billion

Industry: Real Estate

Tran Dinh Long holds the third spot on the list of Vietnam's richest individuals. He is best known as the Chairman of Hoa Phat Group, a leader in Vietnam's steel industry. Mr. Long is recognized as one of the most successful and wealthiest entrepreneurs in the country, and in 2020, he ranked as the second richest person on the Vietnam stock exchange, just behind billionaire Pham Nhat Vuong.

Born into a humble background, Tran Dinh Long overcame early hardships through intelligence and a fierce determination to succeed. His career includes both domestic and international ventures, and his pragmatic, “say less, do more” approach has earned him a reputation as a decisive and cautious businessman. His story is a true example of overcoming adversity and serves as an inspiration for others.

Detailed Information:

Born: 1961

Position: Chairman of Hoa Phat Group (HPG)

Net worth: $2.3 billion

Industry: Metal production, steel, and manufacturing