Vingroup Chairman Pham Nhat Vuong’s assets increased by 760 million USD, about 20,000 billion VND, just today.
At the end of the December 1 trading session, Vingroup’s VIC shares increased 3.6% to 269,900 VND per unit. During the session, this code sometimes even hit the ceiling price of 278,600 VND, also a record price. VIC has had a series of 11 consecutive sessions of price accumulation.
Two codes with the same “Vin family”, VPL and VHM, also have good performance. Vinpearl shares increased to 101,600 VND. Vinhomes’ stock code accumulated an additional 2.7% to 105,700 VND. This trio forms a solid foundation, helping VN-Index jump back to the 1,700 point mark.
Since the beginning of the year, VIC’s market price has increased about 6.65 times from the price range of 40,000 VND. Vingroup’s capitalization value also exceeds trillions of VND, leading on the Vietnam stock exchange and 2.2 times the capitalization of the next ranked stock, Vietcombank (VCB).
Following the upward momentum of VIC shares, Forbes According to statistics, just today, Mr. Pham Nhat Vuong gained about 760 million USD, equivalent to more than 20,000 billion VND. He ranked 5th in the group of billionaires making the most money today.
The assets of the head of Vingroup reached about 24.3 billion USD, equivalent to more than 641,800 billion VND. He ranked 94th in the group of 100 richest people in the world.
Mr. Pham Nhat Vuong is okay Forbes was honored as the first Vietnamese billionaire in 2013. At that time, he owned about 1.5 billion USD and ranked 974 on the list. After more than a decade, this asset has multiplied more than 16 times.
Mr. Vuong directly owns 389.9 million VIC shares, equivalent to 10.1%. In addition, he and his family members and private company still hold controlling power at Vingroup with a total ownership of about 65%. In addition, he also holds nearly half of VinFast’s capital through two separate companies.
Mr. Pham Nha Vuong, Chairman of Vingroup, at the groundbreaking ceremony of the Can Gio Sea Reclamation Urban Area project, April 19. Image: Thanh Tung
Recently, Vingroup’s ecosystem has continuously expanded. In October, Mr. Vuong and his family founded many companies in different fields such as VinMetal (steel), Vin New Horizon (nursing care), V-Film (entertainment). In early November, he also founded and contributed 71% to VinSpace – a company whose main business is manufacturing aircraft, spacecraft, telecommunications satellites, and air cargo transportation.
According to the most recent financial report, Vingroup had total assets of more than 1.08 million billion VND at the end of the third quarter, an increase of 30% compared to the beginning of the year. They are the first private enterprise in Vietnam to reach this level of assets.