{
  "id": 27227,
  "title": "Who are the 5 richest in Southeast Asia as of July-end?",
  "url": "https://urgent.news/2026/07/31/who-are-the-5-richest-in-southeast-asia-as-of-july-end",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T05:01:53.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/billionaires/who-are-the-5-richest-in-southeast-asia-as-of-july-end-5103016.html"
  },
  "original_language": "en",
  "account": "As of the end of July, Pham Nhat Vuong stands as the wealthiest individual in Southeast Asia with a net worth of $33.6 billion, a 19% increase from the beginning of the year. This is largely attributed to the success of his company Vingroup, with its shares rising by around 29% year-to-date. The surge in sales of VinFast electric vehicles has also contributed to Vingroup's growth. Enrique Razon Jr. is the second richest person in the region, boasting a net worth of $21.6 billion. As the chairman of International Container Terminal Services Inc., a Philippine ports tycoon, Razon's wealth has skyrocketed by over $10 billion in just 12 months, driven by ICTSI's 66% increase in share value. Sarath Ratanavadi, a Thai billionaire, is the third wealthiest individual, with his net worth growing to $17.7 billion, the largest wealth gain in Thailand. Ratanavadi's fortune surged after investors appreciated his company Gulf Development's transition from a traditional power producer to an extensive infrastructure platform encompassing electricity, mobile technology, banking, and AI data centers. Dhanin Chearavanont, another Thai billionaire, is fourth on the list with a net worth of $17.6 billion. He leads CP Group, a vast conglomerate with ventures in agriculture, food production, retail, telecommunications, real estate, finance, and e-commerce across more than 20 countries. Ratanavadi and Dhanin Chearavanont are tied for fifth place, with a combined net worth of $35 billion, owning the Singapore-based semiconductor company ASE Technology Holding. The company's shares surged 93% year-to-date, doubling Chang's net worth from $9.1 billion at the year's end.",
  "summary": "The five wealthiest individuals in Southeast Asia as of the end of July came from Vietnam, the Philippines, Thailand and Singapore, with a combined net worth of US$107.9 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "DW News",
        "title": "How crypto miners are stealing power in Southeast Asia",
        "url": "https://urgent.news/2026/08/01/how-crypto-miners-are-stealing-power-in-southeast-asia",
        "published": "2026-08-01T09:04:00.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it",
        "url": "https://urgent.news/2026/08/02/spaceai-could-be-southeast-asias-edge-against-el-nino-if-governments",
        "published": "2026-08-02T04:30:00.000Z"
      },
      {
        "outlet": "Antara News Indonesia",
        "title": "Weichai unveils microgrid solutions for Southeast Asia's power market",
        "url": "https://urgent.news/2026/08/03/weichai-unveils-microgrid-solutions-for-southeast-asias-power-market",
        "published": "2026-08-03T10:27:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}