Pham Nhat Vuong, Chairman of Vingroup, is the youngest billionaire among 14 Southeast Asians with assets over $10 billion, boasting $18.7 billion, ranked 5th in the region. Southeast Asia has 6 countries with billionaires, including Vietnam, alongside Indonesia, Malaysia, and Singapore. This billionaire group has a high average age of 78, with Vuong being 21 years younger. The notable billionaires primarily come from traditional industries like resources and finance. Vuong made a remarkable entry into this club with a swift transition from real estate to technology, electric vehicles, and AI. Indonesia leads with 6 representatives in the billionaire list, while other countries like Thailand and Malaysia have 2 each. Vietnam remains with Vuong as the only name surpassing $5 billion, while others are still far off.
Leave a Reply