LPBank (Loc Phat Vietnam Bank) updated its list of shareholders holding over 1% of capital on 23/6, revealing a new shareholder. This individual acquired 146,2 million shares, equivalent to 4,894% of the bank's capital. The transaction value was not disclosed by the involved parties.

Vingroup and LPBank confirmed the new shareholder is billionaire Pham Nhat Vuong. He stated his intention behind this transaction is personal financial investment, utilizing idle funds, and he has no plans to enter the banking sector.

Immediately following this announcement, LPB shares of LPBank surged to their ceiling price of 52,600 dong per unit. Consequently, the value of Pham Nhat Vuong's held shares is approximately 7.7 trillion dong.

Pham Nhat Vuong, Chairman of Vingroup Group. Photo: VIC

Beyond his LPBank shares, Pham Nhat Vuong also directly owns 389,9 million VIC shares and holds hundreds of trillions of dong in capital contributions across companies like GSM, VinSpeed, and VinEnergo. The Vingroup billionaire and his family maintain a controlling stake in Vingroup, with their total ownership around 65%.

According to Forbes' real-time billionaire ranking, as of 23/6, Pham Nhat Vuong's net worth is nearly 35 billion USD, placing him 64th globally. The Chairman of Vingroup is also recognized as the richest person in Southeast Asia.

Forbes, a prominent American magazine, recognized Pham Nhat Vuong as Vietnam's first billionaire in 2013. At that time, his wealth was 1.5 billion USD, ranking him 974th worldwide. Over 13 years, Pham Nhat Vuong's assets have increased more than 23 times.

LPBank, previously known as Lien Viet Post Bank, adopted its current name in mid-7/2025. By the end of last year, the bank's total assets reached 605.585 trillion dong, with a projected increase of 1.6% this year. Nguyen Duc Thuy, formerly Vice Chairman of Sacombank, served as LPBank's Chairman from 2022-2025.

Trong Hieu