Pham Nhat Vuong

Pham Nhat Vuong

$24.34 B

Ranked #100 in World

About Pham Nhat Vuong

Phạm Nhật Vượng, Vietnam's first billionaire and the visionary behind Vingroup, celebrates his success in the financial landscape. Born in Hanoi, Vượng established the nation's paramount enterprise, Vingroup, currently valued by Forbes at US$4.5 billion as of February 2024. Originating a noodle business in Ukraine, his entrepreneurial journey led to a pivotal $150 million deal with Nestlé. With a blend of tradition and innovation, Vượng shapes Vietnam's economy, catered to discerning finance readers.

Born

August 05, 1968 in Hanoi, North Vietnam

Age

57 years

Source Of Wealth

Diversified

Industries

Diversified

Citizenship

Vietnam

Residence

Hanoi

Spouse

Phắm Thu Hướng

Children

3

Phạm Nhật Vượng was born on August 5, 1968, in Hanoi, Vietnam. He grew up in Hanoi and graduated from Kim Lien High School in 1985. He then went on to study geology at the Moscow Geological Prospecting Institute in Russia, graduating in 1992.

Pham Nhat Vuong: Family

Phạm Nhật Vượng is married to Phạm Thu Hương and has three children.

Pham Nhat Vuong: Career Highlights

Phạm Nhật Vượng started his career in the 1990s when he opened an instant noodle restaurant business in Ukraine. In 1993, he founded Technocom, which became a market leader in dehydrated culinary products in Ukraine. He sold Technocom to Nestlé for $150 million in 2009.

After returning to Vietnam, Phạm Nhật Vượng developed Vinpearl Resort Nha Trang (opened in 2003) and Vincom City Towers (opened in 2004). Vincom went public in 2007 and merged with Vinpearl to form VinGroup in the same year. VinGroup is headquartered in Riverside township in Long Biên District, Eastern Hanoi.

Pham Nhat Vuong: Companies

Phạm Nhật Vượng is the founder and chairman of Vingroup, Vietnam's largest private conglomerate. Vingroup is involved in a wide range of businesses, including real estate, retail, healthcare, education, and technology.

Pham Nhat Vuong: Major Achievements

Phạm Nhật Vượng is credited with transforming Vingroup from a small instant noodle restaurant business into a multi-billion dollar conglomerate. He is also credited with developing some of Vietnam's most iconic landmarks, including Vinpearl Resort Nha Trang and Vincom City Towers.

Pham Nhat Vuong: Awards & Achievements

Phạm Nhật Vượng has received numerous awards and accolades for his business achievements. In 2015, he was listed as the richest person in Vietnam with assets totaling VNĐ 24.3 trillion (approximately US$1.1 billion). As of February 2024, Forbes estimated his net worth to be US$4.5 billion.

Pham Nhat Vuong: Personal Life & Legacy

Phạm Nhật Vượng is known for his philanthropy and has donated millions of dollars to various charitable causes.

He is also a strong advocate for education and has established several scholarships for Vietnamese students.

Pham Nhat Vuong: Trivia

Phạm Nhật Vượng is a keen golfer and has a handicap of 12. He is also a fan of classical music and enjoys playing the piano.

Wealth History

Timeline

August 5, 1968

Phạm Nhật Vượng was born in Hanoi, Vietnam.

1985

Graduated from Kim Lien High School in Hanoi.

1992

Graduated from the Moscow Geological Prospecting Institute in Russia with a degree in geology.

1990s

Started an instant noodle restaurant business in Ukraine.

1993

Founded Technocom, which became a market leader in dehydrated culinary products in Ukraine.

2003

Developed Vinpearl Resort Nha Trang.

2004

Developed Vincom City Towers.

2007

Vincom went public and merged with Vinpearl to form VinGroup.

2009

Sold Technocom to Nestlé for $150 million.

2015

Listed as the richest person in Vietnam with assets totaling VNĐ 24.3 trillion (approximately US$1.1 billion).

February 2024

Forbes estimated his net worth to be US$4.5 billion.

Pham Nhat Vuong : FAQs

What is Pham Nhat Vuong's current net worth?

Pham Nhat Vuong's current net worth is $24.34 billion.

What is Pham Nhat Vuong's current global rank among billionaires?

Pham Nhat Vuong holds the 100th position globally among billionaires.

What is Pham Nhat Vuong's current ranking within the Vietnam?

Pham Nhat Vuong holds the 1st position in Vietnam.

What was the change in Pham Nhat Vuong's net worth compared to the previous year?

Pham Nhat Vuong's net worth decreased by 5.63 billion dollars compared to the previous year 2025, when his net worth was 29.97 billion dollars.

What is the recent change in Pham Nhat Vuong's net worth?

Pham Nhat Vuong's net worth increased by 301.11 million dollars recently, a 1.24% increase, with his net worth standing at 24.34 billion dollars.

What are Pham Nhat Vuong's main sources of wealth?

Pham Nhat Vuong's main source of income comes from Diversified.

In which industry does Pham Nhat Vuong primarily operate?

Pham Nhat Vuong is primarily involved in the Diversified industry.

How old is Pham Nhat Vuong?

Pham Nhat Vuong is 57 years old.

How many children does Pham Nhat Vuong have?

Pham Nhat Vuong has 3 children.

Who is Phạm Nhật Vượng and why is he significant in Vietnam?

Phạm Nhật Vượng is the founder and chairman of Vingroup, Vietnam's largest private conglomerate, and is notable for being Vietnam's first billionaire.

What are some notable milestones in Phạm Nhật Vượng's early education and career?

Phạm Nhật Vượng grew up in Hanoi, graduated from Kim Lien High School in 1985, and studied geology at the Moscow Geological Prospecting Institute in Russia, graduating in 1992. His career started with an instant noodle restaurant business in Ukraine in the 1990s.

How did Phạm Nhật Vượng's business ventures evolve into the establishment of Vingroup?

After founding Technocom in 1993 and becoming a leader in the Ukrainian dehydrated culinary products market, Vượng sold Technocom to Nestlé in 2009. He then returned to Vietnam, developing Vinpearl Resort and Vincom City Towers, leading to Vincom's public listing in 2007 and the eventual formation of Vingroup.

What can you tell us about Phạm Nhật Vượng's family life?

Phạm Nhật Vượng is married to Phạm Thu Hương and they have three children, maintaining a personal life alongside his extensive business responsibilities.
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