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Forbes names six Vietnamese billionaires in latest rich list

Globally-renowned business magazine Forbes has just released its annual list of the world’s billionaires, including six billionaires from Vietnam.

Six Vietnamese billionaires are named in the Forbes' latest rich list

Forbes states that it compiled the list by evaluating an individual's assets based on stock prices and exchange rates as of March 5,.

According to this year’s World’s Billionaires list, the six richest Vietnamese people are Pham Nhat Vuong, Nguyen Thi Phuong Thao, Tran Dinh Long, Ho Hung Anh, Tran Ba Duong, and Nguyen Dang Quang.

As owner of Vingroup, the country’s largest private conglomerate, Pham Nhat Vuong is notable for becoming the nation’s first billionaire and is featured on the list for the ninth consecutive year. He remains the richest Vietnamese man with a net worth of US$8.7 billion, ranking 344th in the world.

Nguyen Thi Phuong Thao makes the list for the fifth time with a net worth of US$2.7 billion, ranking 1,111th in the world. She is currently the vice chairwoman of HDBank, whilst also serving as the vice president and CEO of VietJet Air.

Furthermore, Tran Ba Duong is the chairman and founder of the Truong Hai Auto Company (Thaco) and has made the Forbes list since 2018. His current net worth stands at US$1.6 billion, ranking 1,931st in the world.

Techcombank chairman Ho Hung Anh is named on the list for the third time with his net worth being the same as Duong.


Moving down the list, Tran Dinh Long, chairman of the Hoa Phat Group, re-joined  the Forbes billionaire club after previously making an appearance in 2018. His assets total US$2.4 billion, finishing 1,444th globally.

Meanwhile, Masan chairman Nguyen Dang Quang has returned to the list after being absent last year. His net worth currently stands at US$1.2 billion.

Jeff Bezos, founder of Amazon and CEO, remains the richest person in the world for this year, with a net worth of US$177 billion.

Elon Musk, CEO of Tesla, ranks second with US$151 billion, followed by Bernard Arnault, chairman and CEO of LVMH, with a net worth of US$150 billion, and Bill Gates, co-founder of Microsoft with US$124 billion.


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