Pham Nhat Vuong

About Pham Nhat Vuong

Birth Day: August 05, 1968
Birth Place: Hanoi, Vietnam, Vietnam
Birth Sign: Virgo
Residence: Hai Bà Trưng, Hanoi
Citizenship: Vietnam
Alma mater: Hanoi University of Mining and Geology Moscow Geological Prospecting Institute
Occupation: property developer
Organization: VinGroup
Home town: Hanoi, Hà Tĩnh
Spouse(s): Pham Thu Hương
Children: 3

Pham Nhat Vuong Net Worth

Pham Nhat Vuong was born on August 05, 1968 in Hanoi, Vietnam, Vietnam. Pham Nhat Vuong is the founder and chairman of $2.6 billion (2016 sales) Vingroup, one of Vietnam's largest conglomerates. The company, which gets most of its revenues from selling houses and apartments, is expanding rapidly into retail, logistics, agriculture, education and healthcare. Through Vinmart and Vinmart+, it now has more than 1,000 supermarkets and convenience stores. It has also built 31 shopping malls and, through its Vinpearl, now operates more than 5,000 five star hotel rooms across the country. Its biggest project, the $1.5 billion mega-complex Vinhomes Central Park that features an 81-story skyscraper, apartment buildings and a park resembling New York City's Central Park, is on track to be completed in 2018. Next up will be VinCity, a new brand of affordable housing projects. Pham studied in Moscow, then moved to Ukraine where he started Technocom, a maker of instant noodles. He moved back to Vietnam in 2001 and moved into real estate, eventually selling his foods company in 2009 to Nestle. He remains the richest man in Vietnam, with a recent disclosure revealing that he owns nearly 65% of company, directly and indirectly through a holding company, Vietnam Investment Group.
Pham Nhat Vuong is a member of Real Estate

💰Pham Nhat Vuong Net worth: $6.9 Billion (Updated at 22 June 2018)

2013 $1.5 Billion
2014 $1.6 Billion
2015 $1.7 Billion
2016 $1.8 Billion
2017 $2.4 Billion
2018 $5.21 Billion

Some Pham Nhat Vuong images

Biography/Timeline

1968

Vượng was born in 1968 in Haiphong; his paternal family has origins in Ha Tinh province in central Vietnam. He grew up in Hanoi and graduated from Kim Lien High School in 1985. In 1987, he entered Hanoi University of Mining and Geology and was sent to Russia to study in the Moscow Geological Prospecting Institute. He graduated from this university in 1992.

1993

After graduating, he married Phạm Thu Hương and moved to Kharkiv, Ukraine. In 1993, he developed Technocom, a market leader in dehydrated culinary products in Ukraine, which he sold to Nestle for $150 million in 2009, before returning to Vietnam.

2003

Vuong's first projects in Vietnam were Vinpearl Resort Nha Trang (opened in 2003) and Vincom City Towers (later renamed Vincom Ba Trieu) in central Hanoi (opened in 2004). Vincom went public in 2007. It merged with Vinpearl, Vuong's luxury resort Business, to form VinGroup in 2007. VinGroup is headquartered in its Riverside township in Long Biên District in Eastern Hanoi.

2017

As of 2017, Vượng's Vincom has opened 18 shopping centers in Vietnam, 7 in Hanoi, 4 in Hồ Chí Minh City and one each in Việt Trì, Hạ Long, Hải Phòng, Đà Nẵng, Biên Hòa, Cần Thơ and Long Xuyên.

2018

In 2015, Vuong was the richest person in the Vietnam with assets totaling 24.3 trillion Vietnam dong (approximately 1.1 billion USD), which more than quadrupled those of the second richest person, Tran Dinh Long of Hanoi Hoa Phat Corporation. His wife, Pham Thu Huong and sister-in-law Pham Thuy Hang ranked third and fifth respectively. As of April 10, 2018, Forbes estimated his net worth to be 7.5 billion US dollars.