Vingroup owner in top 200 richest people on the planet

Vingroup Chairman Pham Nhat Vuong's assets have exceeded 14 billion USD, entering the top 188 richest people on the planet for the first time. Photo: Bloomberg .

In the trading session on September 17, when most large-cap stocks were in the red, VIC stock of Vingroup Corporation emerged as a rare "hero" supporting the market. This stock code alone contributed more than 7 points to the VN-Index, helping the main index significantly narrow the decrease range during the session.

With a 6% increase, VIC's market price continues to set a new record at 143,100 VND/share. This is the third peak of this stock in just 2 weeks, bringing the total increase VIC recorded since the beginning of the year to 255%.

Thanks to the impressive breakthrough, Vingroup's capitalization has increased by about VND400,000 billion since the beginning of the year, reaching VND555,300 billion, equivalent to USD21.3 billion. This achievement helps Vingroup officially surpass Vietcombank to become the listed company with the largest capitalization scale on the Vietnamese stock market.

In particular, the strong increase in VIC shares also led to a sudden increase in the asset value of Chairman Pham Nhat Vuong.

According to direct statistics from Forbes , the total assets of Vietnam's richest billionaire have increased to a new record of 14.2 billion USD, an increase of more than 400 million USD in just the past 24 hours.

With this huge asset value, Mr. Vuong is currently ranked 188th in the list of the richest billionaires in the world . He is also the first Vietnamese person to be in the group of 200 richest people on the planet.

Notably, the above assets also help the Vietnamese billionaire stand above Samsung Group Chairman Lee Jae-yong, who currently owns a net worth of about 12.7 billion USD and ranks 230th in the world.

Compared to other USD billionaires in the country, Mr. Vuong's assets are far ahead of the rest, about 4 times that of businesswoman Nguyen Thi Phuong Thao - the second person on the list - and nearly 12 times that of Masan Chairman Nguyen Dang Quang.

If only counting the amount of VIC shares that Mr. Vuong is directly holding (about 449.9 million shares), the value of this asset has reached over 64,000 billion VND, setting a new record for the value of personal stock ownership in Vietnam.

Notably, VIC's impressive growth occurred in the context of Vingroup simultaneously expanding its business activities into many new fields and showing a tough stance against false information spreading on social networks.

In just the past few days, billionaire Pham Nhat Vuong's group has announced a lawsuit against 68 domestic and foreign organizations and individuals, accusing them of providing fabricated and distorted information, seriously affecting the business's reputation and potentially leading public opinion astray.

Vingroup's representative affirmed that the lawsuit is not only to protect the legitimate rights of the corporation but also to protect a transparent and healthy business environment, thereby contributing to raising awareness of law compliance in society.

Less than 24 hours after the lawsuit was announced, more than 50 channels and social media sites proactively removed or hid the false content. Some individuals even publicly apologized, corrected the information on their personal platforms or sent letters of apology directly to Vingroup and the authorities, pledging to end the violations.

Source: https://znews.vn/ong-chu-vingroup-lot-top-200-nguoi-giau-nhat-hanh-tinh-post1585966.html#zingweb_category_category604_featured_3