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Vietnamese dollar billionaires’ assets drop, says Forbes

Mar 13th at 16:20
13-03-2020 16:20:40+07:00

Vietnamese dollar billionaires’ assets drop, says Forbes

The total asset value of Vietnamese dollar billionaires have dropped according to statistics from Forbes.

 

The Forbes’ real-time billionaires list shows that the asset value of Vingroup Chairman Pham Nhat Vuong decreased by US$724 million, or 11.86 per cent, to $5.4 billion.

Meanwhile, Techcombank Chairman Ho Hung Anh lost $35 million to $1 billion. The assets of VietJet’s President and CEO Nguyen Thi Phuong Thao stand at $2 billion, down $175 million, or 7.96 per cent.

The global stock market has recently experienced strong downward momentum due to the COVID-19 pandemic. As a result, the assets of many billionaires have ‘evaporated’.

Viet Nam has only four representatives on Forbes’ list of world billionaires, including Tran Ba Duong who is founder and Chairman of Truong Hai Auto Corporation (Thaco).

Duong is the only one billionaire of Viet Nam still keeping his assets intact at $1.5 billion.

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