Pham Thu Huong
- Net worth $3.8 billion
- Birthday June 14, 1969
- Status -
- Country Vietnam
- Source(-s) of wealth Businesswoman, Philanthropist
How much is Pham Thu Huong Worth? Pham Thu Huong Net Worth in 2026
Pham Thu Huong’s net worth is estimated at $3.8 billion as of November 2026. In November 2025 her Vingroup shares were worth about 30,112 billion dong. A year later they are worth about 82,570 billion dong, 2.7 times as much, while her slice of the company has stayed at about 4.4%.
| Net worth | $3.8 billion (our estimate) |
|---|---|
| Born | June 14, 1969, Hanoi (age 57) |
| Country | Vietnam |
| Known for | Vice chair of Vingroup, co-founder of the VinFuture Foundation |
| Main income sources | Vingroup shares, stake in the GSM VN Holding company behind Green SM |
How much is Pham Thu Huong worth in 2026?
About $3.8 billion, by our estimate. Vingroup stock in her own name accounts for about 85% of it, priced at 242,000 dong at the close on November 10, 2026. The rest is her founding stake in GSM VN Holding, the company set up in March 2026 around the Green SM electric taxi business, which we carry at the capital registered for it, since it has no market price. We count only what is in her own name: the Vingroup holdings of her husband, Pham Nhat Vuong, are his. Dollar figures use about 25,570 dong per dollar, the mid-market rate on November 10.
The ledger behind $3.8 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| Vingroup shares | $3.23 billion | 341.2 million shares, about 4.4% of Vingroup, at 242,000 dong. |
| GSM VN Holding | $592 million | 34.97% of about 43,313 billion dong of registered capital at its founding in March 2026, about 15,147 billion dong. Our assumption: valued at that registered capital, because no price has been set and registered capital is not proof of cash paid. |
| Other private stakes | $0 | She chairs Vin New Horizon, an elderly care business, but we could not confirm her share of it. |
| Total | $3.8 billion | $3,821 million before rounding. |
A stake that grew without buying
She held about 170.61 million Vingroup shares, 4.46% of the company, worth about 30,112 billion dong on November 5, 2025, her Tatler Asia profile says. By August 2026 she held 341.2 million shares, or 4.4%, VCCI reported: the count doubled while her slice of the company barely moved. The price did the rest. Our calculation: 341.2 million shares at 242,000 dong is about 82,570 billion dong, 2.74 times the November 2025 value.
The ride has been steep in both directions. On September 4, 2026 Vingroup touched 260,000 dong and became the first Vietnamese listed company worth more than 2 million billion dong, VietnamFinance reported. At the November 10 close it was worth about 1,815 trillion dong. Each 10,000 dong on the share price now moves her figure by about 3,412 billion dong, or $133 million, by our calculation.
The taxi company stake
GSM VN Holding began operating on March 9, 2026 with registered capital of over 43,300 billion dong, Bao Phap luat reported. Vuong took 44.99%, Huong 34.97%, their two sons 7.5% each and Vingroup just over 5%. She was named its chair, and she also became chair of GSM, the Green SM operator, on March 4, 2026, a role she has since handed to Nguyen Quoc Tuan, CafeF reported.
In October the holding company’s registered capital rose to 53,892 billion dong and a company called Smart and Green Trans held about 36.17%, VnBusiness reported, warning that the figures do not set a valuation. Her current percentage after that increase was not published, which is why we keep this row at her original stake’s registered value.
Kyiv, noodles and a resort chain
Huong was born in Hanoi on June 14, 1969 and holds a master’s in international law from Kyiv University. She met Vuong in 1987, and the two borrowed $10,000 to open the Mivina noodle factory in Kharkiv, according to her Tatler profile. Between 2000 and 2002 she co-founded Vinpearl and Vincom. She became vice chair of Vingroup on November 15, 2011, chaired Vincom Retail through its listing in 2014 and 2015, and co-founded the VinFuture Foundation with her husband in 2020.
Why other estimates disagree
Public estimates for Huong run higher than ours, and the daily moves show why. On September 4, when Vingroup rose about 10,600 dong in the morning, her 341.2 million directly held shares gained about $141 million by our calculation, yet one widely quoted estimate added more than twice that. That gap suggests other estimates credit her with indirect Vingroup holdings through family companies or value the Green SM stake higher. We found no published breakdown of any indirect stake, so we leave it out.
What would move the figure
The Vingroup share price first. Then GSM: in June 2026 Vingroup was authorised to take transfers of preferred shares equal to about 29.99% of GSM VN Holding, priced at the sellers’ contributed capital, and a Hong Kong listing of Green SM has been discussed for 2028. Either would put a firmer number on the second row.
Pham Thu Huong net worth FAQ
What is Pham Thu Huong’s net worth?
About $3.8 billion as of November 2026 by our estimate: her 341.2 million Vingroup shares at the November 10 price plus her founding stake in GSM VN Holding.
How many Vingroup shares does Pham Thu Huong own?
341.2 million, about 4.4% of the company, as of August 2026. Her husband’s holdings are separate.
What is Pham Thu Huong’s GSM VN Holding stake worth?
Her 34.97% founding stake equals about 15,147 billion dong of the company’s March 2026 registered capital, roughly $592 million, by our calculation.
How much has her Vingroup stake grown in a year?
From about 30,112 billion dong in November 2025 to about 82,570 billion dong in November 2026, 2.74 times, by our calculation.
How old is Pham Thu Huong?
She was born on June 14, 1969, so she is 57.
Who is Pham Thu Huong married to?
Pham Nhat Vuong, the founder and chairman of Vingroup. Her younger sister Pham Thuy Hang is also a Vingroup vice chair.
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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.