Nguyen Duc Tai builds 14 trillion VND fortune through MWG retail empire

Nguyen Duc Tai, Chairman of Mobile World Investment Corp (MWG), has amassed an estimated fortune of over 14,000 billion VND. Born in 1969 in Ho Chi Minh City, Tai holds a degree in Finance and Accounting from the University of Economics Ho Chi Minh City and an MBA from CFVG.

After an initial failed attempt at entrepreneurship in 2003 with small mobile phone shops, Tai co-founded The Gioi Di Dong in March 2004. The company grew significantly after receiving investment from Mekong Capital in 2007, leading to its listing on the Ho Chi Minh City Stock Exchange (HoSE) in 2014.

Under his leadership, MWG expanded from mobile phones into electronics via the Dien May Xanh chain and later into the essential goods and food market through Bach Hoa Xanh, which launched in late 2015.