Nguyen Van Tuan
- Net worth $280 million
- Status -
- Country Vietnam
- Source(-s) of wealth Businessman, CEO
How much is Nguyen Van Tuan Worth? Nguyen Van Tuan Net Worth in 2026
Nguyen Van Tuan’s net worth is estimated at $280 million as of November 2026. In October 2025 his Gelex shares were reported to be worth more than 12 trillion dong. A year later he owns roughly 45% more shares and they are worth about 6.9 trillion dong.
| Net worth | $280 million (our estimate, range $250 million to $320 million) |
|---|---|
| Estimated annual income | About $7 million in Gelex cash dividends (2025 payout) |
| Age | 42 |
| Country | Vietnam |
| Known for | Chairman of Gelex Group, which he has run since 2016 |
| Main income sources | Gelex shares and dividends |
How much is Nguyen Van Tuan worth in 2026?
About $280 million, by our estimate. Almost all of it is a 23.63% stake in Gelex, the industrial group listed in Ho Chi Minh City as GEX. We valued the shares at the November 10, 2026 close and converted at 25,568.54 dong to the dollar, the mid-market rate XE showed that day. The share count after this year’s stock dividends is our own reconstruction, so the figure carries a range.
Adding up the $280 million
| Source | Our estimate | What it rests on |
|---|---|---|
| Gelex shares, about 309 million | $269 million | He held 23.63% of Gelex, the company said in March 2025. We apply that to the roughly 1.31 billion shares outstanding after the 2026 stock dividends, assuming his stake was unchanged: about 309.2 million shares at 22,250 dong (November 10 close), or 6.88 trillion dong. |
| 2025 cash dividend | $7 million | Gelex paid an 8% cash dividend, 800 dong a share. On about 213.3 million pre-issue shares that is 170.6 billion dong. We assume he kept it. |
| Other listed holdings | $0 | Not counted. A stock exchange profile lists smaller holdings in other companies, but hides the share counts. |
| Total | $276 million | Rounded to $280 million. |
More shares, less money
Gelex shareholders voted in April 2026 on a payout worth 53% of par value for 2025: 8% in cash, already paid, 25% in new shares and another 20% in shares issued from equity, Phap Luat newspaper reported before the meeting. The cash part came to about 722 billion dong.
That number lets us rebuild the share count. Our calculation: 722 billion dong at 800 dong a share means about 902.5 million shares before the issue. Adding 45% in stock gives about 1.309 billion, which matches the 1.31 billion shares market data now show outstanding. His 23.63% therefore went from about 213.3 million shares to about 309.2 million.
The stock price did the rest. The Gelex rally in 2025 lifted his holding above 12 trillion dong, or $454.9 million at the time, Tuoi Tre reported in October 2025. At 6.88 trillion dong today, that is a 43% drop, even with 96 million extra shares. The company’s whole market value on November 10 was 29.11 trillion dong, about $1.14 billion.
From electrical equipment to a four-part group
Gelex began as a maker of electrical equipment. Tuan has run it as chief executive since 2016 and, the company says, led its move into an investment group built on four businesses: industrial manufacturing, infrastructure, real estate and finance. Total assets grew from nearly 8.8 trillion dong at the end of 2016 to 73.6 trillion dong at the end of 2025, more than eight times in nine years, Mekong ASEAN reported. The group has over 50 member units and more than 10,000 employees.
He stepped off the board in March 2025 to focus on the chief executive job, Gelex announced, then came back a year later. On April 1, 2026, the new board elected him chairman for the 2026 to 2031 term. His stock exchange profile lists two bachelor’s degrees, in finance and banking and in economic law, and an age of 42.
A record year, and a profit beat
Gelex reported its best results in 2025: revenue of 39,513 billion dong and pre-tax profit of 4,621 billion. For 2026 it set a cautious target of 3,615 billion dong in pre-tax profit, and by the end of September it had already reached 3,931 billion, on revenue of 39,158 billion, up 40.5% on a year earlier.
His 23.63% of that nine-month consolidated profit would be about 929 billion dong, or $36 million, by our math. That is a rough slice, since part of the profit belongs to minority shareholders in Gelex’s listed subsidiaries.
Why other estimates disagree
Most public figures for Tuan were set during the 2025 rally, when Gelex shares traded far higher. Some may also fold in shares held by relatives. We count only the 23.63% Gelex has attributed to him.
What would move the figure
The Gelex share price: every 1,000 dong move changes his stake by about 309 billion dong, or $12 million. A filing showing he bought or sold shares around the 2026 stock dividends would also change the count we reconstructed.
Nguyen Van Tuan net worth FAQ
What is Nguyen Van Tuan’s net worth?
We estimate $280 million as of November 2026. About $269 million is his roughly 309 million Gelex shares at the November 10 close.
How much did Nguyen Van Tuan make from Gelex dividends for 2025?
The 8% cash dividend paid 800 dong a share, about 170.6 billion dong, or $7 million, on his pre-issue holding. He also received about 96 million new shares.
How much of Gelex does Nguyen Van Tuan own?
Gelex said he held 23.63% in March 2025. Applied to today’s 1.31 billion shares, that is about 309 million shares.
How old is Nguyen Van Tuan?
His stock exchange profile gives his age as 42.
When did Nguyen Van Tuan become Gelex chairman?
The board elected him chairman on April 1, 2026, for the 2026 to 2031 term. He had been chief executive since 2016.
How is his net worth estimated?
We multiply his disclosed ownership share by Gelex’s current share count and latest closing price, convert at the day’s rate and add his 2025 cash dividend.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.