Vietnam’s 5 richest billionaires own nearly $40B in early 2026

1. Pham Nhat Vuong

Vuong, 57, is the richest man in Vietnam with a net worth of $29.2 billion as at Jan. 12, 2026, ranking him 77th in the world, according to Forbes’ real-time billionaire list.

His career began in the 1990s with an instant noodle business in Ukraine before returning home and building Vingroup into a sprawling empire spanning industries, including real estate, retail, healthcare, electric vehicles and infrastructure.

Vuong has a 10.05% stake and, together with his family, controls 65% of the group. He also holds close to half of its electric vehicle maker VinFast through two private firms.

Vuong, as the group’s chairman, first appeared on the magazine’s billionaire list in 2013, when he ranked 974th with a net worth of $1.5 billion.

Since then, his fortune has increased twentyfold, with a surge of $23.9 billion last year alone. He is also Southeast Asia’s second-richest man.

2. Nguyen Thi Phuong Thao

Nguyen Thi Phuong Thao, 55, is the chairwoman of Vietjet, a budget airline she founded in 2011.

Since it began operations, the carrier has consistently maintained high growth rates and grown into a global brand with an extensive route network across the Asia-Pacific region.

It operates a fleet of more than 100 aircraft, serving over 100 international routes and more than 40 domestic ones.

Thao was first recognized as a billionaire by the U.S. magazine in 2017, when it named her the first self-made woman billionaire in Southeast Asia.

She has also been previously named in the Forbes World’s Most Powerful Women and Bloomberg 50 lists.

She currently ranks 894th globally with a net worth of $4.5 billion.

3. Tran Dinh Long

Ranking third among Vietnamese billionaires is Tran Dinh Long, the 65-year-old chairman of Hoa Phat Group.

Long started Hoa Phat as a company specializing in trading construction machinery in 1992 and gradually branched into other fields such as furniture, steel pipes, construction steel, refrigeration and electrical appliances, real estate and agriculture. The conglomerate went public in Vietnam in 2007.

Long first made the billionaire list in 2018 with a net worth of $1.3 billion but fell off in the next two years.

His net worth is estimated at $2.7 billion, ranking him 1492nd globally.

4. Ho Hung Anh

Ho Hung Anh, 55, is the chairman of lender Techcombank. He has a net worth of $2.4 billion and a global ranking of 1,639th.

Anh was recognized as a billionaire in 2019, the same year as Nguyen Dang Quang, who also appears later on this list.

Forbes notes that Anh and Quang are “two close business partners whose interests are intertwined.” Both of them studied in Russia, became involved in trading at an early stage, returned to Vietnam in the early 1990s, jointly invested in Techcombank and later cooperated to build what is now Masan Group.

Anh was previously Masan’s vice-chairman but resigned in 2018, which he said was to focus on his role as Techcombank’s chairman.

5. Nguyen Dang Quang

Quang, now 62, founded Masan in 1996 and brought the brand back to Vietnam in 2002.

The group is now one of the country’s largest players in the food and beverage sector, owning several popular seasoning brands such as Chinsu chili sauce and Nam Ngu fish sauce.

He has stakes in Masan and Techcombank, which he owns both directly and indirectly through his private companies.

Quang dropped out of the list last March but returned three months later. He has an estimated net worth of $1.1 billion, making him the 3,001st richest person in the world.