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Pham Nhat Vuong Net Worth

Pham Nhat Vuong Net Worth

Net Worth: $2.1 Billion

Statistics
  • Source of Wealth Real Estate
  • Marital Status Married
  • Full Name Pham Nhat Vuong
  • Nationality Vietnam
  • Occupation Founder and Chairman of Vingroup
  • Education University of Moscow
  • Children four children

About Pham Nhat Vuong

The first Vietnamese billionaire, Pham Nhat Vuong is a property developer with an estimated net worth of $2.1 billion as of May 2016. He debuted in the Forbes List as the 974th richest person in the World Billionaires list. He is also one of the most influential people in Vietnam.

Mr. Vuong has earned his estimated net worth of $2.1 billion as the founder and chairman of the board of directors of Vingroup, a conglomerate with interests in real estate, hotels and healthcare. A graduate of the University of Moscow in Russia, he moved to the Ukraine where he started Technocom, a maker of instant noodles. He moved back to Vietnam in 2001 to focus in real estate and eventually sold his foods company to Nestle in 2009. Among his projects included the upscale Vincom Center in Saigon, the Vinpearl hotel, Vincom Village, and the Vincom Center Ba Trieu in Hanoi.

Pham Nhat Vuong then merged his Vincom and Vinpearl to create the Vingroup, one of the most valuable companies on the Vietnam stock exchange. In 2007, he has donated $18.5 million to build a vocational secondary school and kindergarten in his homeland. He is married and a father of four.