Southeast Asia’s richest man Pham Nhat Vuong and American investor Warren Buffett were among the five biggest wealth gainers in the world on Wednesday.
Vuong ranked second globally in fortune gain with $2.3 billion added to his assets. His net worth went up 7% to $34.7 billion, ranking 67th in the world.
Shares of his company Vingroup jumped 7% Wednesday to the highest in eight days.
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Vingroup chairman Pham Nhat Vuong seen at an event in HCMC, April 2025. Photo by Read/Thanh Tung |
He was followed by Buffett, chairman emeritus of investment company Berkshire Hathaway, who added $2 billion to his wealth.
Berkshire’s shares added 1.4% Wednesday, having risen 15% in the last six months. Buffet’s fortune stood at over $153 billion at the time of publishing, ranking 10th globally.
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Warren Buffett, Chairman and CEO of Berkshire Hathaway, testifies before the Financial Crisis Inquiry Commission (FCIC) at The New School June 2, 2010 in New York City. Photo by Getty Images via AFP |
The biggest wealth gainer in the world Wednesday was Spanish fashion tycoon Amancio Ortega, who posted an increase of $1.2 billion in net worth.
He ranks 11th globally in wealth with a net worth of $145 billion.
Other top wealth gainers were software giant Oracle chairman Larry Ellison and computer maker Dell chairman Michael Dell.
Ellison’s fortune added $2 billion to $171 billion, ranking eight globally, while Dell posted an increase of $1.8 billion to $241 billion, ranking fifth.