According to Vingroup’s 2024 financial report (ticker VIC), Chairman Pham Nhat Vuong has not received any salary for many years. He has declined benefits such as cash dividends, ESOP, and has not sold any VIC shares. Vingroup has not distributed cash dividends since 2014 and even offered preferred shares, but Vuong did not partake. Recently, he transferred shares to invest in new companies like Green and Smart Mobility JSC. His asset value is linked to Vingroup, estimated at over 120 trillion VND (4.7 billion USD), maintaining his position as the richest person on the Vietnam Stock Exchange. Forbes estimates his net worth at 7.5 billion USD, ranking him 411th among the world’s billionaires.
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