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#60

Pham Nhat Vuong

Source of wealth: Diversified

Net Worth

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Earnings per second

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Biography

Pham Nhat Vuong studied in Russia and started a popular instant noodle business in the Ukraine in the 1990s before moving back to Vietnam.

Today he is the chairman of Vingroup, one of Vietnam's largest conglomerates with interests in real estate, retail and healthcare among others.

The group's main units include electric vehicle maker VinFast, property developer Vinhomes and hotel chain Vinpearl. VinFast has become Vietnam's largest EV maker by market share, with overseas plants in India and Indonesia.

In 2023 he took VinFast public through a SPAC listing on Nasdaq. Vinpearl listed on the Ho Chi Minh Stock Exchange in May 2025.

Charging station operator V-Green was spun off from VinFast in 2024, and is investing more than $400 million over the next two years to build charging infrastructure across the country.

Perspective on their fortune

Gold

Everyday luxury

Gold bar

A Pham Nhat Vuong's fortune is equivalent to 243 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.

Gold rings

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

Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3

Pham Nhat Vuong could buy 64,925,949 gold rings. That's a lot of fingers and a lot of gifts!!

And if the number of rings is difficult to visualize, all these rings would need 12 trucks to transport them, But we can be almost certain that Pham Nhat Vuong will have enough left over to pay for the gas for those trucks.

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

The price of life

Let's compare Pham Nhat Vuong's fortune with the healthcare spending of a huge country

Pham Nhat Vuong could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 16.3 years.

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

At the other extreme, Pham Nhat Vuong could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 7.2 years

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Education

Buying the future

Lowest education spending

Pham Nhat Vuong could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 10.6 years.

Highest education spending

But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Pham Nhat Vuong could pay for it in full for 14.4 years.

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Research

The monopoly of progress

Lowest research spending

Pham Nhat Vuong could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 60.8 years.

Highest research spending

But even if we compare the total wealth of Pham Nhat Vuong with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.4 years.

Financial Assets

Exchange
NASDAQ
Ticker
VFS-US
Company
VinFast
Exchange
NASDAQ
Ticker
VFS-US
Company
VinFast
Exchange
HO CHI MINH CITY
Ticker
VIC-VN
Company
Vingroup Joint Stock Company

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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