Pham Nhat Vuong family wealth increases by $2.8 billion in one day

The combined wealth of three members of billionaire Pham Nhat Vuong's family increased by nearly $2.8 billion in a single day following a surge in related stock prices. According to Forbes real-time data, Vingroup Chairman Pham Nhat Vuong saw his assets rise by $2.3 billion (7.14%) to reach $34.8 billion, ranking him 67th on the global billionaires list.

Other family members also saw significant gains. Pham Thu Huong, Vingroup Vice Chairwoman and wife of Mr. Vuong, saw her wealth increase by $286.9 million to $3.9 billion. Pham Thuy Hang, also a Vingroup Vice Chairwoman, saw her assets rise by $201.6 million to $2.8 billion. The total combined wealth for the three family members reached approximately $41.5 billion.

The wealth increase was driven by a rally in several stocks, including Vingroup (VIC), which hit its ceiling, Vinhomes (VHM), Vincom Retail (VRE), and Vinpearl (VPL). Additionally, LPBank (LPB) shares rose by 4.76%. The family holds nearly 9.86% of LPBank's capital, an investment that gained approximately 530 billion VND in value during the session.