The first billionaire in Vietnam was Pham Nhat Vuong, the founder and chairman of Vingroup, a major conglomerate with interests in real estate, retail, healthcare, and electric vehicles (VinFast). He first appeared on Forbes' billionaires list in 2013 and has since become the country's wealthiest person, building his empire after starting with a successful instant noodle business in Ukraine.}
Phạm Nhật Vượng (Vietnamese pronunciation: [fâːm ɲʌ̂t vɯɤ̂ŋ], born 5 August 1968) is a Vietnamese property developer and Vietnam's first USD billionaire. He is the founder and chairman of Vingroup, the largest conglomerate in Vietnam. As of October 2025, Vượng has a net worth of $20.3 billion according to Forbes.
Vietnam's Wealthiest Tycoon Becomes Asia's Fifth Richest Person As VinFast Surges On Nasdaq Debut. Billionaire Pham Nhat Vuong joined the top ranks of Asia's richest after shares of his electric vehicle maker Vinfast Auto surged 255% on the company's Nasdaq debut, adding a whopping $39 billion to his net worth.
As of Thursday, Vietnam had five billionaires, down from six at the start of the year.
Vingroup was originally established as a merger of Vincom and VinPearl – the two businesses under Phạm Nhật Vượng ownership. Both of them still exist as significant subsidiaries under Vingroup.
Vietnam's Budget Airline Founder Is Southeast Asia's Only Woman Billionaire. Nguyen Thi Phuong Thao, CEO of VietJet Air, has an estimated net worth of $1.2 billion.
Ngo Thi Huong, new CEO of Vinpearl. Photo courtesy of the company. Huong, born in 1982, holds a master's degree from the University of London and professional certifications in finance and accounting.
Yes, you can live comfortably on $1,000 a month in Vietnam, especially outside major city centers like {!nav}Hanoi or Ho Chi Minh City, by focusing on local food, renting motorbikes, and choosing more affordable cities like Da Nang or {!nav}Hoi An, though it might be tighter for luxuries in the big cities. Your money goes further as the average local salary is much lower, allowing for budget-friendly housing, cheap transportation, and inexpensive local dining, notes Remitly.
The wealthiest dynasties in the world have never been richer — and the Waltons lead the pack with a net worth of $513.4 billion.
Ho Chi Minh City is home to many millionaires and billionaires across the country.
Ho Chi Minh City is commonly referred to as the economic center of Vietnam, and in 2022 the city's GDP was $59.5 billion, which accounted for 22 percent of the national GDP.
Who is the most famous person in Vietnam? - Ho Chi Minh. Ho Chi Minh (1890-1969) is a widely recognized figure who devoted his life to securing Vietnam's independence. He is also celebrated for his efforts in enhancing education and culture within the nation.
For VinFast and its billionaire founder, Pham Nhat Vuong, it has been anything but. Despite dominating its home market, the Vietnamese maker of electric vehicles (EVs) has lost some $11bn since it launched its first electric car in late 2021.
Pham Nhat Vuong, chairman of conglomerate Vingroup and Vietnam's richest man, now has a net worth of US$30 billion, putting him above well-known billionaires like Jack Ma and Donald Trump on Forbes' real-time rankings.
Elon Musk is widely predicted to be the first trillionaire, with projections placing him to reach this milestone around 2027-2028, driven by potential growth in Tesla, SpaceX, and AI ventures, especially following a key shareholder vote approving a massive stock option package. Other contenders include Gautam Adani and Jensen Huang, but Musk currently leads the race.
The SHOCKING true story of Chuck Feeney - the billionaire philanthropist who secretly gave away his ENTIRE $8.3 billion fortune and changed the world forever.
The House of Saud, which is the ruling royal family of Saudi Arabia, is reportedly the wealthiest family of the globe. Surpassing the combined fortunes of high-profile billionaires like Elon Musk, Mukesh Ambani, Adani, Narayana Murthy combined.
The property cost in Vietnam depends on the type, area, number of rooms, proximity to the sea, and city. Premium properties on the first line are more expensive. A house in the suburbs can be purchased for $100,000. In Hanoi, villas are offered at a price of $500,000 and above.
🇹🇭 Thailand – 6.7 years 2. 🇻🇳 Vietnam – 6.3 years 3.
The cheapest countries in the world are Pakistan, Egypt, and Bhutan. To live comfortably in one of these states, a person needs under $400 per month. These countries, however, are unconventional choices for expats and digital nomads because of their low levels of safety and quality of life.
Lê Thị Thu Thủy (born 1974), better known as Madame Thuy, is a Vietnamese businesswoman. She was a chief executive of the automotive company VinFast, she is currently vice-chairwoman of the conglomerate Vingroup, Chairwoman of VinFast.