[REVISION HISTORY]

Vingroup financial growth and leadership wealth

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What changed

2026-09-05 02:37 UTC → 2026-09-10 07:45 UTC · added ~~removed~~

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. ~~For the full year 2026, the company has set targets~~ As of ~~485,000 billion VND in net revenue~~ mid-September, reports indicate that Pham Nhat Vuong continues to receive zero remuneration from Vingroup and ~~35,000~~ its subsidiaries. Despite this, his net worth remained high at an estimated $38.2 billion ~~VND in profit after tax.~~ 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.

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