Young master commits suicide because he can't find a wife and his passion for cars is unmatched.

August 24, 2016 21:38

Compared to Cuong Do La and Phan Thanh, Minh Nhua is a bit more extravagant, owning unique cars.

The supercar trend in Vietnam started to emerge about 10 years ago, from around 2006 - 2007. At that time, many people knew Cuong Do La as the first person to own a Lamborghini in Vietnam. The photo of a row of supercars lined up in the yard of the young master of the Mountain City was once famous on the internet for a long time.

Also passionate about supercars and willing to spend money like Cuong Do La, even more lavishly, Minh Nhua is extremely secretive. Information and images of the young master of Saigon have only appeared widely in the past few years, especially after he brought home the million-dollar Bugatti Veyron supercar.

Minh Nhua - thieu gia choi xe khong doi thu tai Viet Nam hinh anh 1
Some supercars in Minh Nhua's collection.

Minh Nhua, whose real name is Pham Tran Nhat Minh, is currently the Deputy General Director of Long Thanh Plastic Company, a private enterprise with a revenue of thousands of billions of VND each year. No one knows exactly how much Minh Nhua's assets are, because Long Thanh is a family-owned company, not listed on the stock exchange.

Minh Nhua's name became known after Cuong Do La, but this young master's spending is not inferior.

In 2010, the domestic public was abuzz when Minh Nhua imported a Lamborghini Murcielago LP670-4 SV to Vietnam. This was the 46th car out of 350 worldwide. This young master also chose the license plate 4646 to put on the unique supercar. According to car enthusiasts' predictions, the LP670-4 SV had a post-tax price of about 1.3 million USD, topping the list of the most expensive cars in Vietnam at that time.

While Vietnamese tycoons at that time often used NG and NN license plates to avoid paying taxes, the appearance of a supercar that "Americans also dream of" right in Vietnam, paying full taxes, made Minh Nhua's name very famous.

However, the story of Minh Nhua did not stop there. In February 2012, young master Minh Nhua imported the first Bugatti Veyron to Vietnam. After more than 4 years, Minh Nhua's Veyron is still the only car in Vietnam.

Minh Nhua - thieu gia choi xe khong doi thu tai Viet Nam hinh anh 2
Minh Nhua drives Bugatti Veyron on Saigon streets.

The factory price of a basic Veyron was $1.3 million. If taxes were fully calculated at that time, the car would cost around $4 million, equivalent to VND80 billion.

However, there are sources saying that Minh Nhua's Veyron supercar actually costs only 1.3 million USD, including 800,000 USD for the used car and 500,000 USD for taxes and fees. However, 1.3 million USD for the only Veyron in Vietnam is enough to put Minh Nhua on the world supercar map, because only a total of 450 Veyrons were produced worldwide.

A British car magazine compared Minh Nhua's Veyron to 777 years of savings of an average-income Vietnamese person.

Just 4 months later, in mid-2012, Minh Nhua continued to buy an orange Lamborghini Aventador worth about 25 billion VND.

In addition to supercars, the heir to Long Thanh plastic company also owns many luxury cars such as Rolls-Royce Ghost, Bentley Continental GTC... Even "grassroots supercars" such as BMW i8, Maserati Granturismo MC Stradale or Ferrari 488, 458... are just toys bought in batches by this young master.

Minh Nhua - thieu gia choi xe khong doi thu tai Viet Nam hinh anh 3
Minh Nhua inside the Pagani Huayra.

In the middle of this year, car enthusiasts were abuzz with rumors that the orange Pagani Huayra had been acquired by Minh Nhua. Some car news sites even displayed the insurance contract, thereby revealing the car’s true value in Vietnam to be up to 78 billion VND.

However, this young master denied the rumor because he said that "the tax is too high so he cannot bring the Huayra back". He also revealed that this supercar had arrived at the Vietnamese port but then had to "return to the place of production".

Recently, Minh Nhua sold 3 supercars in his collection. The young master said that due to family problems, he wanted to share the supercars with others who share the same passion.

However, after welcoming his wife back from abroad, this young master excitedly declared: "Minh Nhua will return and be more powerful than before, everyone will know in a few days".

A close source said that Minh Nhua will become the owner of the only Lamborghini Aventador LP750 SV in Vietnam. His statement implicitly confirms this. After paying taxes and getting a license plate, the total value of this supercar will be over 30 billion VND.

According to Zing

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Young master commits suicide because he can't find a wife and his passion for cars is unmatched.
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