Southeast Asia’s richest man Pham Nhat Vuong joins Elon Musk among world’s 10 richest in their 50s

Vuong, 58, chairman of Vietnam’s largest listed company Vingroup, ranked 68th globally on Monday morning with US$34 billion in net worth, according to real-time data by Forbes.

Pham Nhat Vuong, Vingroup chairman. Photo courtesy of Vingroup

Among billionaires in their 50s, Elon Musk, 55, founder of electric vehicle producer Tesla, led with $908 billion in wealth.

The world’s richest person was followed by Google co-founders Larry Page, and Sergey Brin, both 53, each with over $250 billion in net worth.

American hedge fund manager Ken Griffin, 58 ranked fourth with nearly $57 billion, followed by Chinese tech giant Tencent chairman Ma Huateng, 54, with $45 billion.

Other billionaires in the top 10 were battery tycoon Robin Zeng, game tycoon William Ding, financial software tycoon Andrea Pignataro, and investor Peter Thiel, with net worth ranging from $36 billion to $45 billion.

Elon Musk in Washington D.C. on Nov. 13, 2024. Photo by AFP

Elon Musk in Washington D.C. on Nov. 13, 2024. Photo by AFP

Together these 10 billionaires manage over $1.7 trillion in assets, larger than any other age group, mostly because of Musk’s net worth.

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