Stocks Surge, Leadership Assets of a Company Surpass 100 Trillion VND, 6 Families Own Over 1 Trillion VND

On September 4, HPG shares of Hoa Phat Group rose 6.04%, reaching 29,850 VND/share, nearly hitting a historical peak. The wealth of billionaire Tran Dinh Long and his family has also increased significantly. Currently, Mr. Long holds 1.9 billion shares, accounting for 25.8% of equity, valued at about 59.103 trillion VND. His wife, Vu Thi Hien, holds 528 million shares worth 15.7 trillion VND, and their son, Tran Vu Minh, owns 176 million shares worth over 5 trillion VND. The total assets of the Long family amount to over 80 trillion VND, while the total assets of Hoa Phat’s leadership exceed 100 trillion VND. Five other leaders also own over 1 trillion VND. According to Forbes, Mr. Long’s net worth is 3 billion USD, ranked 1309 on the world billionaires list.