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#1044

Nguyen Thi Phuong Thao

Source of wealth: Airlines

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Nguyen Thi Phuong Thao's fortune with the healthcare spending of a massive country

Nguyen Thi Phuong Thao could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.8 years.

But even if we compare their fortune with that of a rich country

On the other end, Nguyen Thi Phuong Thao could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Nguyen Thi Phuong Thao could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Nguyen Thi Phuong Thao could pay for it entirely for 1.6 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Nguyen Thi Phuong Thao could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.9 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Nguyen Thi Phuong Thao with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Nguyen Thi Phuong Thao's fortune is equivalent to 28 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Nguyen Thi Phuong Thao could buy 7,459,907 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Nguyen Thi Phuong Thao will almost certainly have enough money left over to pay for the gas.

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Biography

Vietnam's first self-made woman billionaire Nguyen Thi Phuong Thao took her budget airline, VietJet Air, public in 2017.

She launched the airline in 2011 and made a big splash early on with ads featuring bikini-clad flight attendants.

Nguyen got the idea to launch a low-cost airline while she was a trader, when she predicted that demand for air travel in Vietnam would increase.

She also has investments in HD Bank, technology, green energy and real estate, including hotels and beach resorts.

Financial Assets

Exchange
HO CHI MINH CITY
Ticker
HDB-VN
Company
Ho Chi Minh City Development Joint Stock Commercial Bank
Exchange
HO CHI MINH CITY
Ticker
VJC-VN
Company
Vietjet Aviation

Monthly wealth history

Fortune comparison

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