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Vietnam Billionaires: 2019 Top 5 Billionaires in Vietnam

3. Ho Hung Anh, net worth of USD1.7B

Vietnam Billionaires
  • Ho Hung Anh is chairman of Techcombank, a large commercial bank in Vietnam that went public in June 2018. 
  • Ho and Nguyen Dang Quang, whom he met while studying in Russia, are two close business partners whose interests are intertwined. 
  • Together they control two big listed companies, Masan Group and Techcombank, a commercial bank, through Masan JSC, a holding company that they co-own.
  • Ho started investing in Techcombank, in which Nguyen was already an investor, in 1995. They took control in 2006. 
  • Ho started out trading goods between Eastern Europe and Vietnam in the 1990s.