Between March 18 and October 26 their combined net worth rose by $4.6 billion, with the headcount rising from four to six, according to Forbes magazine, which is published in Vietnamese.

Pham Nhat Vuong, chairman of the country’s largest private company, Vingroup, continued to be the richest as his net worth increased by 18 percent to $6.6 billion.

(From L), Front row: Vietjet CEO Nguyen Thi Phuong Thao, Vingroup chairman Pham Nhat Vuong, Techcombank chairman Ho Hung Anh; Second row: Thaco Group chairman Tran Ba Duong, Hoa Phat Group chairman Tran Dinh Long; Back: Masan Group chairman Nguyen Dang Quang.

Nguyen Thi Phuong Thao, CEO of budget airline Vietjet and the richest woman in Vietnam, was second with a net worth of $2.2 billion, up 5 percent.

Climbing into third place was Ho Hung Anh, chairman of the most profitable private lender Techcombank, after his net worth surged 60 percent to $1.6 billion.

Tran Dinh Long, chairman of steelmaker Hoa Phat Group, and Nguyen Dang Quang, chairman of conglomerate Masan Group, returned to the billionaires’ list in fourth and sixth places after dropping out in March.

Tran Ba Duong, chairman of automaker Thaco Group, and his family were in fifth place with an unchanged net worth of $1.5 billion.

The stock market recovered following a global plunge in March amid a surge in Covid-19 cases.

Between March 18 and October 26 Hoa Phat stocks rose by 91 percent, Masan by 78 percent and Techcombank by 30 percent.

Hoa Phat reported its highest ever quarterly profit in the third quarter, while nine month profit rose 56 percent year-on-year to VND8.8 trillion ($379.5 million).

Techcombank’s profit was 20 percent up at VND10.7 trillion.

Five Vietnamese billionaires amass assets worth $14.4 billion: Forbes

The Forbes magazine has assessed total assets of five Vietnamese billionaires at $14.4 billion as of December 31, up $800 million over March.

Pomelo billionaire in Trai Ca barren

(BGO) – The previous bare hills and lands in Trai Ca village, Dong Lac commune, Yen The district (Bac Giang province) is now replaced by green pomelo orchards laden with fruits. Nguyen Thi Hoai Anh, who is known as the best pomelo grower in this region, has greatly contributed to form the big concentrated production area. 

Vietnamese billionaire among world’s 200 richest people

Billionaire Pham Nhat Vuong has for the first time moved up to the top 200 of the Forbes’ rich list as of July 31.

Five Vietnamese among Forbes’ Billionaires 2019

 

Indian billionaire couple hold wedding party in Phu Quoc

A magnificent wedding party by an Indian billionaire couple, which lasts for seven days, is being held at the 5-star resort JW Marriott in An Thoi town, Phu Quoc Island district, Kien Giang province.

Source: VnExpress