Wife of Southeast Asia’s richest man returns to second place on Vietnam's rich list
Pham Thu Huong, the wife of Southeast Asia’s richest man Pham Nhat Vuong, has returned to the second position on Vietnam’s billionaire list thanks to a recovery of her company’s stock.
Huong Vuong, wife of Vietnam's wealthiest man, has re-emerged as the second wealthiest individual on the country's rich list. Her net worth has surged nearly 4% to an impressive US$4.1 billion, a gain of over $156 million from the previous day, according to real-time data from Forbes. This wealth surge surpasses that of Nguyen Thi Phuong Thao, chairwoman of budget airline Vietjet, whose fortune stands at $4 billion, marking a 1.8% decrease.
Vingroup's stock has been a major contributor to Huong's newfound wealth, with the company's stock experiencing a 5.5% rise over the past three trading sessions. As the chairman of Vingroup, Vuong himself saw a 3.8% increase in his personal wealth, now valued at $36.2 billion.
Huong's sister, also a deputy chairwoman at Vingroup, experienced a 4% increase in her fortune, valuing her assets at $2.9 billion, securing her a fourth-place ranking in Vietnam's rich list. Other prominent Vietnamese billionaires maintained their positions, with Tran Dinh Long, head of steelmaker Hoa Phat Group, ranking fifth with a net worth of $2.3 billion, followed by Ho Hung Anh, chairman of private lender Techcombank, with $2.2 billion.
VPBank chairman Ngo Chi Dung rounded out the top seven with a net worth of $1.2 billion, while food producer and retailer Masan Group chairman Nguyen Dang Quang secured the eighth and final spot, with $1 billion in assets. Collectively, the eight billionaires on the list possess a combined fortune of $53.9 billion, with Vuong's family holding 80% of this total wealth.
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