Vietnam Billionaires: 2019 Top 5 Billionaires in Vietnam

1. Pham Nhat Vuong, net worth of USD6.6B

  • Pham Nhat Vuong studied in Russia and started a popular instant noodle business in the Ukraine in the 1990s before moving back.
  • Vuong chairs Vingroup, one of Vietnam’s largest conglomerates with interests in real estate, retail and healthcare among others.
  • He turned some investments into non-profit ventures, including some in healthcare, education and sports. He also built a center of contemporary art. 
  • In 2018, he listed Vinhomes, the property development arm of Vingroup, and raised $1.3 billion in an IPO that valued the company at $13 billion. 
  • Kind Heart Foundation, his philanthopic arm, is the biggest foundation in Vietnam.
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