The 2020 billionaire list published by Forbes USA includes four Vietnamese personalities, up from five in 2019.
Forbes USA magazine has unveiled the 2020 edition of its ranking of the richest people in the world and despite economic growth in great shape, Vietnam is losing a representative this year for a total of four billionaires.
This is the first time that the number of billionaires in Vietnam has decreased compared to the previous year but also in the quantity of assets held by these fortunes. Between 2019 and 2020 the total assets of his four fortunes plummeted by $ 2.1 billion.
Forbes magazine assesses the professional fortune of individuals on a date (March 18 this year) and if the heritage exceeds the billion dollars net of its debt then it is included in the world ranking of the Forbes ranking.
Pham Nhat Vuong
The president of the company Vingroup, Pham Nhat Vuong, is the first fortune of Vietnam and the 286th in the world with assets valued at 5.6 billion dollars (1 billion less compared to 2019).
Nguyen Thi Phuong Thao
Vietnam’s second fortune is represented by Nguyen Thi Phuong Thao, CEO of the low cost company Vietjet Air, and the only female billionaire figure in Vietnam. Its assets stand at $ 2.1 billion, down $ 200 million from 2019.
Tran Ba Duong
Tran Ba Duong, chairman of the Truong Hai Auto Corporation (THACO) was listed only in 2018 in the Forbes list and currently holds $ 1.5 billion, making him Vietnam’s third-largest fortune and 1415th in the world. Like his two compatriots, his fortune has melted by around $ 200 million in 2019.
Ho Hung Anh
The last place of Vietnamese fortunes in this ranking is held by Ho Hung Anh, president of Techcombank with a fortune estimated at 1 billion dollars (1,990th world fortune) and is no exception in this panel with a drop of 700 million dollars compared to 2019.
Meanwhile, Masan’s founder Nguyen Dang Quang left the Forbes list. Last December the price of its shares fell sharply (25% compared to March 2019) after the announcement of a merger agreement with the company Vingroup.