Billionaire Pham Nhat Vuong in the list of 500 richest people on the planet

For the first time, a Vietnamese person has made it into Forbes' list of the 500 richest billionaires in the world.

According to the latest data from Forbes, as of November 23, the assets of Mr. Pham Nhat Vuong, Chairman of Vingroup, increased to 4.2 billion USD and officially entered the top 500 richest people on the planet. Mr. Vuong is currently the 490th richest person.

This is something many people predicted because in the most recent update 3 days ago, many people calculated that Mr. Vuong's assets would increase rapidly when Vingroup's VIC stock and Vincom Retail's VRE stock continuously reached new peaks.

VIC stock price fluctuations over the past year

VRE stock price fluctuations since listing on November 6, 2017.

According to Forbes' rankings, billionaire Pham Nhat Vuong's assets increased rapidly, helping this secretive billionaire's ranking "jump" more than 50 places in just 3 days, to 490th place in Forbes' ranking of the richest people on the planet.

From 543rd place in the list of richest people on the planet announced early last week, billionaire Pham Nhat Vuong's ranking has skyrocketed to 490th place.

Billionaire Pham Nhat Vuong's assets are increasing rapidly in 2017, from 2.4 billion USD in March, after only 8 months, Mr. Vuong's assets have increased by 1.8 billion USD.

Mr. Vuong's assets increased sharply in the context of Vingroup's shares continuously increasing in price recently after a series of information announcements related to Vingroup such as listing Vincom Retail shares on the stock exchange, the decision to produce VinFast cars or opening the PVF youth football training center with the recruitment of Manchester United's famous player Ryan Giggs as football director...

According to Trithuctre