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Pham Nhat Vuong is now Southeast Asia’s richest person

[VOVWORLD] - Billionaire Pham Nhat Vuong, founder and chairman of Vietnam’s largest private conglomerate Vingroup, has become the wealthiest person in Southeast Asia, with an estimated net worth of over 24.5 billion USD, according to the latest update from Forbes.

The Vingroup chairman is now ranked 100th globally, marking a significant rise in wealth and positioning him ahead of other prominent billionaires in the region. At the end of 2025, he was the second richest person in Southeast Asia.

Mr Vuong was first honored by US magazine Forbes as Vietnam’s first billionaire in 2013, when he had a net worth of 1.5 billion USD and ranked 974th globally. After 12 years, his wealth has increased more than sixteenfold.

Pham Thu Huong, Mr. Vuong’s wife, and Pham Thuy Hang, Vice Chairwoman of Vingroup, are also listed among the world’s richest individuals by Forbes in March, 2026, each having a net worth of 1.5 billion USD.

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