#1003

Nguyen Thi Phuong Thao

Vietnam 56 years old Self-Made

Overview

Source of Wealth
Airlines
Industry
Diversified
Residence
Ho Chi Minh City
Marital Status
Married
Children
4

Assets

  • Ho Chi Minh City Development Joint Stock Commercial Bank
    902,712,000 shares @ -
    -
    HDB-VN
  • Vietjet Aviation
    554,515,000 shares @ -
    -
    VJC-VN

Biography

Vietnam's first self-made woman billionaire Nguyen Thi Phuong Thao took her budget airline, VietJet Air, public in 2017.

She launched the airline in 2011 and made a big splash early on with ads featuring bikini-clad flight attendants.

Nguyen got the idea to launch a low-cost airline while she was a trader, when she predicted that demand for air travel in Vietnam would increase.

She also has investments in HD Bank, technology, green energy and real estate, including hotels and beach resorts.

About

After studying economics and finance in Soviet Russia in the 1980s, Nguyen got her start trading commodities in Eastern Europe and Asia.