# Vingroup financial growth and leadership wealth > Live situation record from CLSTR: https://clstr.news/situations/vingroup-financial-growth-and-leadership-wealth > Updated: 2026-09-10T05:26:30.000Z. Sources: 12. Developments: 6. Vingroup has experienced significant financial growth and market momentum in mid-2026. In early August, the conglomerate reported record second-quarter profits, with net profit after tax for the first half of the year rising nearly 349% year-on-year. This performance, supported by the growth of electric-vehicle arm VinFast, contributed to Chairman Pham Nhat Vuong reaching an estimated net worth of approximately US$34 billion. By late August, the rising value of Vingroup (VIC) shares—aided by the company’s inclusion in the FTSE Global All Cap index—further increased the wealth of the company’s leadership. On August 26, Vice Chairwoman Pham Thu Huong became Vietnam’s second richest person and its wealthiest woman, with an estimated net worth of approximately 4 billion USD following a single-session increase of over 160 million USD. On August 27, Pham Nhat Vuong experienced a significant wealth surge, with his assets increasing by approximately $2.3 billion in a single day, placing him around 60th on the Forbes world's richest list. By early September, the wealth of Vingroup leaders reached new record levels. Pham Nhat Vuong’s net worth rose to $39.3 billion, moving him to 54th on the global billionaires list while maintaining his status as Southeast Asia’s wealthiest individual. Vice Chairwoman Pham Thu Huong’s estimated net worth increased to $4.3 billion, driven by her holdings in VIC and LPBank. This surge coincided with Vingroup becoming the first listed company in Vietnam to exceed a market capitalization of 2 quadrillion VND. As of mid-September, reports indicate that Pham Nhat Vuong continues to receive zero remuneration from Vingroup and its subsidiaries. Despite this, his net worth remained high at an estimated $38.2 billion as of September 10, 2026, ranking him 57th globally. His wealth remains tied to the Vingroup ecosystem, with VIC stock increasing nearly 47% since the start of the year. ## Claims - Forbes real-time rankings list Pham Thu Huong as the second richest person in Vietnam. (corroborated by 3 sources) - Pham Thu Huong's wealth increased by approximately 162 to 164 million USD during the August 26 trading session. (corroborated by 3 sources) - Pham Thu Huong's net worth is estimated at approximately 4 billion USD. (corroborated by 2 sources) - Pham Nhat Vuong remains the richest person in Vietnam with a net worth of approximately 35.6 to 35.7 billion USD. (corroborated by 2 sources) - Pham Thu Huong is the wealthiest woman in Vietnam. (single source) - Pham Thu Huong holds 341.2 million VIC shares, representing 4.4% of Vingroup's charter capital. (single source) - Vingroup's VIC stock was included in the FTSE Global All Cap index. (single source) - Pham Nhat Vuong's wealth increased by approximately $2.3 billion in a single day on August 27. (single source) - Pham Nhat Vuong ranked 4th among the billionaires with the largest wealth increases globally on August 27. (single source) - Pham Nhat Vuong's total wealth reached approximately $36.6 billion, placing him around 60th on the Forbes world's richest list. (single source) - Vingroup's stock (VIC) reached a new historical peak, rising over 4% to 237,800 VND per share. (single source) - VIC was included in the FTSE Global All Cap index and classified as a Large Cap stock. (single source) ## Timeline ### 2026-09-10: Pham Nhat Vuong maintains zero remuneration at Vingroup Vingroup founder Pham Nhat Vuong maintains a zero-salary policy while his net worth reaches an estimated $38.2 billion, driven by the rising value of his holdings in the Vingroup ecosystem. 2 sources. https://clstr.news/cluster/pham-nhat-vuong-maintains-zero-remuneration-at-vingroup ### 2026-09-04: Vingroup leaders see wealth surge as VIC stock hits record highs Vingroup Chairman Pham Nhat Vuong has reached a net worth of $39.3 billion, ranking 54th globally, while his wife Pham Thu Huong is now Vietnam's wealthiest woman following a surge in VIC stock. 4 sources. https://clstr.news/cluster/vingroup-leaders-see-wealth-surge-as-vic-stock-hits-record-highs ### 2026-08-29: Pham Nhat Vuong remains Vietnam's wealthiest individual with $36.5 billion Vingroup Chairman Pham Nhat Vuong is the wealthiest person in Southeast Asia with $36.5 billion, while Vingroup executives Pham Thu Huong and Pham Thuy Hang have also seen significant wealth increases. 2 sources. https://clstr.news/cluster/pham-nhat-vuong-remains-vietnams-wealthiest-individual-with-365-billion ### 2026-08-27: Pham Nhat Vuong's wealth surges as Vingroup stock hits record high Vingroup Chairman Pham Nhat Vuong's wealth rose by $2.3 billion in one day, ranking him 4th globally for daily gains as VIC stock hits a new historical peak. 7 sources. https://clstr.news/cluster/pham-nhat-vuongs-wealth-surges-as-vingroup-stock-hits-record-high ### 2026-08-26: Pham Thu Huong becomes Vietnam's second richest person Forbes reports that Vingroup Vice Chairwoman Pham Thu Huong is now Vietnam's second richest person and wealthiest woman, with a net worth of approximately 4 billion USD. 7 sources. https://clstr.news/cluster/pham-thu-huong-becomes-vietnams-second-richest-person ### 2026-08-04: Pham Nhat Vuong celebrates 58th birthday as Vingroup posts record profit Vietnam’s billionaire Pham Nhat Vuong turned 58 as Vingroup posted record Q2 profit, soaring revenues and assets, boosting his net worth to $34 bn (rank 66 on Forbes) and highlighting VinFast’s Nasdaq listing. 4 sources. https://clstr.news/cluster/pham-nhat-vuong-celebrates-58th-birthday-as-vingroup-posts-record-profit --- Cite as: Vingroup financial growth and leadership wealth. CLSTR, https://clstr.news/situations/vingroup-financial-growth-and-leadership-wealth