In the dynamic economic landscape of Southeast Asia, Vietnam stands out for its rapid economic growth, which has created a new generation of Vietnamese billionaires with fortunes worth billions of dollars. The richest man in Vietnam has long become more than just a subject of curiosity; it is also an important indicator of the development of national business and private wealth.
Who is the richest man in Vietnam? Which sectors have become the main sources of their enormous net worth and growing investment assets?
In this article, we explore the world of billionaires in Vietnam: the scale of their fortunes, their success stories, their business interests, and their influence on the economy of one of the fastest-growing countries in the region.
We present the latest ranking, based on data from Forbes and other international sources, and analyze the key factors reflecting the rise of the financial elite in Vietnam.
The article covers the following subjects:
Major Takeaways
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As of March 2026, the richest man in Vietnam is Pham Nhat Vuong, the founder and chairman of Vingroup, the country’s largest conglomerate. The company’s value is estimated at $48.6 billion. His personal net worth, built through business in real estate, technology, and retail, is estimated at $27.2 billion. This makes him the clear leader of the national Forbes ranking.
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The richest woman in Vietnam and one of the richest women in the world is Nguyen Thi Phuong Thao, the chairwoman of VietJet Air. She also invests in finance and real estate. The main source of her wealth is air transportation, which represents a notable success in a predominantly male industry. Her estimated net worth is $4.2 billion.
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Most Vietnamese billionaires work in real estate and construction, as well as in banking and finance. Many have also built capital in manufacturing, retail, and rapidly growing technology sectors, reflecting the structure of the country’s developing economy.
Who Is the Richest Man in Vietnam?
The unquestionable answer to the question of who is the richest man in Vietnam has long been Pham Nhat Vuong. He gained this status as the founder and chairman of the conglomerate Vingroup, the largest private company in Vietnam.
His net worth, regularly assessed by Forbes, amounts to billions of US dollars and serves as an indicator of investor confidence in the Vietnamese economy. The foundation of his wealth is a diversified business empire spanning key sectors, from luxury real estate and resorts to the electric-vehicle maker VinFast and high technology.
Pham Nhat Vuong is not just a Vietnamese billionaire, he is also a selfmade billionaire. He is one of the creators of modern urban infrastructure in Vietnam and a symbol of the country’s economic growth. His fortune largely depends on Vingroup’s performance on the stock market, which links his business directly to the development of the national economy. This is what makes Pham Nhat Vuong the richest Vietnamese and the top richest man in Vietnam.
Who Is the Richest Woman in Vietnam?
The richest woman in Vietnam by a wide margin is Nguyen Thi Phuong Thao, the first female billionaire in Vietnam.
Her success story is closely connected with aviation: she is the co-founder and chairwoman of VietJet Air, which has made air travel in the region more accessible. At the same time, her business extends beyond aviation and also includes investment assets.
A significant share of her wealth, estimated at billions of US dollars, comes from strategic investments in the financial sector, including stakes in major banks.
Nguyen Thi Phuong Thao is an example of how the richest people in Vietnam can build major businesses in highly competitive and capital-intensive industries. Her entrepreneurial decisions and strategic vision helped create one of the most recognizable brands in Southeast Asia.
Top Richest Person in Vietnam
The ranking of the richest people in Vietnam reflects the country’s transformation from a planned economy into one of the most dynamic market economies in Southeast Asia. It is led by billionaires who built their wealth in the 21st century, largely thanks to the development of the stock exchange.
The Forbes ranking for Vietnam is not just a list of names; it also reflects the key sectors of the economy: real estate, finance, industry, and the consumer market. Changes in these entrepreneurs’ net worth reflect both the impact of global trends and the country’s domestic economic policy.
Pham Nhat Vuong (Vingroup)
Net worth: $27.2 billion.
Pham Nhat Vuong is the richest Vietnamese, the founder and chairman of Vingroup. For many years, his name has been associated with the title richest man in Vietnam. After starting his career in Eastern Europe, he built a diversified conglomerate that now strongly influences the development of modern cities in Vietnam.
For a long time, premium real estate was the foundation of Vingroup’s business. However, the company continues to expand its focus. Under the leadership of Vingroup Chairman Pham Nhat Vuong, the national automotive brand VinFast, an electric-vehicle maker, was created. The conglomerate is also developing projects in education, healthcare, and technology.
The entrepreneur’s fortune largely depends on Vingroup’s stock price. This makes Pham Nhat Vuong one of the most influential Vietnamese billionaires, whose decisions significantly affect the economy.
Nguyen Thi Phuong Thao (Vietjet Air)
Net worth: $4.2 billion.
Nguyen Thi Phuong Thao became the first female billionaire in Vietnam. She is the co-founder and chairwoman of VietJet Air, which made air travel in the region more accessible and changed the low-cost aviation industry.
At the same time, her business is not limited to aviation. Her investment assets are spread across several sectors, and a significant portion of her wealth comes from financial-sector investments, including a stake in HD Bank.
This approach helped her build billions of dollars in wealth and join the ranks of the richest people in Vietnam.
Tran Dinh Long (Hoa Phat Group)
Net worth: $2.9 billion.
Tran Dinh Long is the chairman of Hoa Phat Group, the largest steel producer in Vietnam and one of the leading manufacturers of agricultural machinery in the country.
His business model differs from many Vietnamese billionaires: he has focused on heavy industry, a sector that plays a key role in the country’s economic development.
The growth and success of Hoa Phat Group on the stock exchange became the foundation of his multibillion-dollar net worth. Tran Dinh Long represents a type of Vietnamese billionaire who built capital in the real sector of the economy.
Pham Thu Huong (Vingroup)
Net worth: $2.9 billion.
Pham Thu Huong is the wife of Vingroup Chairman Pham Nhat Vuong and one of the conglomerate’s key shareholders. She serves as vice chairwoman of the company and ranks among the richest people in Vietnam, thanks to her stake in Vingroup.
She appears in public less often than her husband, but her role at Vingroup makes her an important part of the company’s corporate structure.
Her wealth is directly linked to the value of investment assets within Vingroup, ranging from luxury real estate to technology projects, and it fluctuates with the company’s stock market performance.
Ho Hung Anh (Techcombank)
Net worth: $2.5 billion.
Ho Hung Anh is the chairman of Techcombank and one of the most influential figures in Vietnam’s financial sector. Under his leadership, the bank became one of the most innovative and profitable in the country.
Most of his assets are concentrated in Techcombank shares, so his wealth largely depends on the stock market.
He is part of a group of Vietnamese billionaires who made their wealth in banking and financial services.
Pham Thuy Hang (Vingroup)
Net worth: $2.1 billion.
Pham Thuy Hang is a member of the family of Vingroup Chairman Pham Nhat Vuong and the company’s CEO. She owns a significant stake in the conglomerate, which makes her one of the richest people in Vietnam.
Her financial position is closely tied to the family business and Vingroup’s assets. Her investment assets include retail, tourism, real estate, and automotive production.
This asset structure helps maintain the stability of her fortune in the long term.
Tran Ba Duong & Family (THACO)
Net worth: $1.2 billion.
Tran Ba Duong and his family control the industrial conglomerate THACO, which holds leading positions in automobile assembly and components production in Vietnam.
They built their wealth in the industrial sector typical of developing countries: manufacturing and import substitution. The success of THACO on the stock exchange and the company’s development allowed the family to build USD billion in wealth and strengthen their position among the country’s influential industrial dynasties.
Ngo Chi Dung (Eco Pharmaceutical)
Net worth: $1.2 billion.
Ngo Chi Dung represents the pharmaceutical industry, which is relatively rare among Vietnamese billionaires. As the founder of Eco Pharmaceutical, he built his net worth by capitalizing on growing domestic demand for medicines and medical products.
His example shows that billionaires in Vietnam can earn not only in real estate or finance. Capital can also be created in the socially important healthcare sector through a scientific approach and strategic business development.
Nguyen Dang Quang (Masan Group)
Net worth: $1.1 billion.
Nguyen Dang Quang is the chairman of Masan Group, a conglomerate with strong positions in the consumer goods market. His strategy, “from farm to table,” and active market consolidation, made the group’s brands part of the daily life of millions of Vietnamese consumers.
His net worth is directly linked to the growth of the consumer market and the expansion of Vietnam’s middle class. The market capitalization of Masan Group on the stock market became the foundation of his billion-dollar fortune.
Key Sectors Creating Every Billionaire in Vietnam
In Vietnam, as in many rapidly growing countries, the largest fortunes are concentrated in several key sectors.
Real estate and construction remain the leaders in terms of the number of billionaires. Rapid urbanization, the development of transport infrastructure, and the expansion of tourist zones created major opportunities for developers. Large projects are implemented by companies such as Vinhomes (part of Vingroup), Novaland, and Sun Group. Their founders include Pham Nhat Vuong, Bui Thanh Nhon, and Dang Thi Hoang Yen.
The second richest sector, by number of wealthy entrepreneurs, is the financial sector, primarily private banks. Shareholders of major banks, for example, Techcombank (Ho Hung Anh), VPBank (Ngo Chi Dung), and HDBank (Nguyen Thi Phuong Thao), hold significant assets thanks to the widespread use of banking services in the economy.
The third group consists of industrial enterprises. These include steel producers such as Hoa Phat, automobile manufacturers such as THACO, and companies operating in electronics and textiles. Their growth is linked to the expansion of domestic manufacturing and rising consumption in Vietnam, allowing many companies to compete globally.
A separate category is the consumer goods and retail sector, where Masan Group plays a significant role. In recent years, the number of entrepreneurs who built their wealth in technology, IT, telecommunications, and renewable energy has also increased. This trend shows the gradual diversification of the sources of large fortunes in the Vietnamese economy.
Conclusion
The list of Vietnamese billionaires clearly reflects the country’s rapid economic growth.
For many years, it has been led by Pham Nhat Vuong, the founder and chairman of the conglomerate Vingroup. His net worth is closely linked to the development of projects in real estate, technology, and retail. At the same time, the ranking includes entrepreneurs from different sectors: private banks (Techcombank, VPBank), industry (Hoa Phat, THACO), and the consumer goods sector (Masan Group).
The geography of capital is also revealing: most billionaires run their business from Ho Chi Minh City and Hanoi, highlighting the concentration of economic activity in the country’s largest cities. At the same time, new names from high technology and renewable energy have recently begun to appear in the ranking, showing the gradual transformation of the economy.
Thus, the image of the Vietnamese billionaire is gradually changing: from developer and industrialist to a more technology-oriented entrepreneur.
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