Pham Nhat Vuong, chairman of Vingroup, saw his net worth climb to 30 billion USD following the trading session on 23/12. This increase, as updated by Forbes, reflects a 3,4 billion USD rise from the previous day, driven by VIC shares hitting their ceiling price on the Ho Chi Minh City Stock Exchange. VIC's market price currently stands at 169,900 VND per unit, an eightfold increase since the start of the year. This achievement places Vuong at 71st on Forbes' global rich list, surpassing prominent figures such as Jack Ma, Samsung Chairman Lee Jae Yong, and U.S. President Donald Trump.

Forbes calculates individual wealth based on the number and value of shares held at a specific time. They also assess other assets, including private company ownership, real estate, art, and yachts, when compiling their rankings.

Pham Nhat Vuong and his family maintain controlling interest in Vingroup, with a total ownership of approximately 65%. Personally, he directly holds 389,9 million VIC shares, representing a 10,05% stake in the company's capital.

The esteemed U.S. magazine recognized Vingroup's chairman as Vietnam's first billionaire in 2013. At that time, his wealth was 1,5 billion USD, placing him 974th globally. Over 12 years, Pham Nhat Vuong's assets have increased 20 times.

This year, Vuong and the Vingroup ecosystem have invested hundreds of trillions of VND to launch new business sectors. Notable projects include: VinEnergo (energy), VinMetal (steel), VinSpace (aerospace), and V-Film (entertainment). He also harbors ambitions for the Bac - Nam high-speed railway project, with an estimated total investment of about 61 billion USD. "We aim to do things on a grand scale", Pham Nhat Vuong stated in April.

By Trong Hieu