Vietnam's billionaires reach $54.8 billion total wealth

Vietnam currently has seven billionaires recognized by Forbes, with a combined net worth of approximately $54.8 billion. Following the departure of Masan chairman Nguyen Dang Quang from the list due to declining share values, the ranking is now led by Vingroup Chairman Pham Nhat Vuong.

Pham Nhat Vuong holds an estimated $37.9 billion, accounting for nearly 70% of the total wealth of all Vietnamese billionaires combined. He is ranked 57th globally. Other prominent figures include Vingroup Vice-Chairwoman Pham Thu Huong with $4.3 billion and Vietjet Chairwoman Nguyen Thi Phuong Thao with $4 billion.

The remaining billionaires include Vingroup Vice-Chairwoman Pham Thuy Hang ($3 billion), Hoa Phat Chairman Tran Dinh Long ($2.4 billion), Techcombank Chairman Ho Hung Anh ($2.1 billion), and VPBank Chairman Ngo Chi Dung ($1.1 billion).