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Southeast Asia’s richest man Pham Nhat Vuong joins Elon Musk among world’s 10 richest in their 50s

Southeast Asia’s richest billionaire, Pham Nhat Vuong, has ranked among the world’s 10 wealthiest people in their 50s, alongside billionaires including Elon Musk and Larry Page.

Southeast Asia’s richest man Pham Nhat Vuong joins Elon Musk among world’s 10 richest in their 50s

Vietnamese business magnate Pham Nhat Vuong, 58, has joined the ranks of the world's top 10 richest individuals, according to Forbes. Vuong, the chairman of Vietnam's largest listed company Vingroup, boasts a net worth of $34 billion, placing him at number 68 globally. In comparison, tech entrepreneur Elon Musk, 55, remains the wealthiest individual, with an astounding $908 billion in wealth.

At the youth end of the spectrum among the billionaires in their 50s, Larry Page and Sergey Brin, co-founders of Google, each possess over $250 billion in net worth. Following closely behind, American hedge fund manager Ken Griffin, 58, has amassed nearly $57 billion, while Chinese tech mogul Ma Huateng, 54, leads Tencent with $45 billion in assets.

Additionally, Vietnamese tech entrepreneur Robin Zeng, 54, and Chinese game tycoon William Ding, 54, each hold $36 billion and $32 billion in net worth respectively. Lastly, American investor Peter Thiel, 54, rounds out the top 10 with $45 billion in wealth.

These billionaires collectively manage over $1.7 trillion in assets, making this age group the wealthiest compared to any other demographic. This remarkable accumulation of wealth is primarily attributed to the substantial net worth of Elon Musk.

Written by urgent.news from VnExpress Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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