Cover Vietnamese billionaires continue to feature within the global billionaire community.

According to the recently released 2025 USD billionaire rankings from Forbes, Vietnam continues to feature prominently with the presence of exceptional entrepreneurs, maintaining its standing within the global billionaire community.

Despite ongoing volatility in the world economy, Vietnam’s elite billionaires have retained their positions thanks to resilient business strategies and an impressive ability to adapt. The continued inclusion of five Vietnamese names on Forbes’ prestigious list is not only a testament to the enduring strength of their corporations, but also a reflection of Vietnam’s growing stature on the international economic stage. In a global market buffeted by inflation and geopolitical tensions, these entrepreneurs have successfully navigated a path forward—demonstrating both agility and ambition.

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1. Pham Nhat Vuong – Vietnam’s richest billionaire

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Pham Nhat Vuong, founder of Vingroup JSC, at the company’s headquarters in Hanoi, Vietnam, on Wednesday, 12 June 2024. Vuong, whose wealth is valued at US$5.3 billion, founded Vingroup—the sprawling conglomerate behind VinFast Auto Ltd. Photo: Linh Pham/Bloomberg via Getty Images
Above Vietnam’s richest billionaire, Pham Nhat Vuong. Photo: Getty Images
Pham Nhat Vuong, founder of Vingroup JSC, at the company’s headquarters in Hanoi, Vietnam, on Wednesday, 12 June 2024. Vuong, whose wealth is valued at US$5.3 billion, founded Vingroup—the sprawling conglomerate behind VinFast Auto Ltd. Photo: Linh Pham/Bloomberg via Getty Images

Rank: 535
Net worth: $7.7 billion
Source of wealth: Vingroup

Vietnam’s richest billionaire, Pham Nhat Vuong, has long been a trailblazer in taking homegrown businesses to the global stage. Under his stewardship, Vingroup has remained a powerhouse across multiple sectors, with robust operations in real estate, technology, automotive manufacturing and education.

2. Nguyen Thi Phuong Thao – Vietnam’s only female billionaire

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Above Nguyen Thi Phuong Thao remains Vietnam’s sole female billionaire. Photo: Quang Nhat

Rank: 1,305
Net worth: $2.8 billion
Source of wealth: Aviation – VietJet Air

Nguyen Thi Phuong Thao remains Vietnam’s sole female representative on the Forbes billionaire list. With a nimble and forward-looking growth strategy, VietJet Air continues to broaden its market reach, seizing opportunities from the post-pandemic recovery of global aviation.

3. Tran Dinh Long – Steel industry tycoon

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Above Tran Dinh Long has sustained his billionaire status. Photo: Bloomberg

Rank: 1,513
Net worth: $2.4 billion
Source of wealth: Hoa Phat

At the helm of Vietnam’s largest steel conglomerate, Tran Dinh Long has sustained his billionaire status. Despite shifting dynamics in the raw materials market, Hoa Phat has upheld its leadership position in the sector, making a substantial contribution to the country’s industrial backbone.

4. Ho Hung Anh – At the forefront of private banking

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Above Ho Hung Anh has shaped Techcombank into the nation’s largest private commercial bank. Photo: TCB

Rank: 1,763
Net worth: $2 billion
Source of wealth: Techcombank

A key figure in Vietnam’s financial landscape, Ho Hung Anh has shaped Techcombank into the nation’s largest private commercial bank. With an astute digital transformation strategy and a focus on individual clients, the bank continues to achieve steady growth—even as the financial sector encounters headwinds.

5. Nguyen Dang Quang – Chairman of Masan Group

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Above Nguyen Dang Quang maintains his spot on Forbes’ billionaire roster. Photo: MSN

Rank: 2,933
Net worth: $1 billion
Source of wealth: Masan Group

As the leader of Masan Group—a diversified business renowned for its footprint in food, retail and consumer goods—Nguyen Dang Quang maintains his spot on Forbes’ billionaire roster. Masan continues to invest in product innovation and retail technology, further securing its position within the domestic and regional marketplace.

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In 2025, the world saw a record-breaking rise in the number of billionaires, with 3,028 individuals making the list—surpassing the 3,000 mark for the first time. The combined net worth of the world’s billionaires reached a staggering US$16.1 trillion, the highest figure ever recorded.

Against this backdrop, Vietnam’s continued presence with five representatives on the USD billionaire list speaks volumes about the resilience and agility of its homegrown enterprises. Strategies focused on international expansion, technological evolution and refined business models are likely to play a central role in helping Vietnamese entrepreneurs retain their standing—and perhaps even ascend to higher ranks in the years ahead.

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