Vietnam’s richest woman returns to world’s top 1,000 wealthiest
Pham Thu Huong, the richest woman in Vietnam, has returned to the list of 1,000 richest people in the world thanks to a recovery of her company’s shares.
Huong, Vietnam's wealthiest woman and deputy chairwoman of Vingroup, witnessed a 2% increase in her wealth, amounting to $4.3 billion on Tuesday. Her ranking among the world's wealthiest individuals improved from 1,004th place on Monday to 999th place, according to Forbes' real-time data. Last month, Huong made her debut appearance on the list of the 1,000 richest individuals globally, securing the 963rd position.
Her wealth has been steadily growing since the previous week, primarily due to a robust recovery in Vingroup shares, which surged by nearly 12% over six consecutive sessions.
Earlier this month, Huong joined a distinguished list of five Vietnamese women highlighted by Fortune magazine in their compilation of the 100 most powerful women in Asia. She received recognition for her pivotal role in establishing Vingroup alongside her husband, Pham Nhat Vuong, and her leadership of GSM, the operator of the Green SM electric ride-hailing service.
Vuong, the chairman of Vingroup, retains his status as the wealthiest person in Southeast Asia, with an estimated wealth of $37.5 billion, placing him at the 59th position globally.
Huong's sister, Pham Thuy Hang, is also a deputy chairwoman at Vingroup and saw a 2% wealth increase on Tuesday, bringing her total to $3 billion. She currently ranks fourth among the wealthiest individuals in Vietnam. Collectively, Vietnam's eight billionaires possessed a combined wealth of $56 billion on Tuesday, with Vuong's family accounting for 80% of this total.
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