Nguyen Dang Quang

Net Worth

$1.071B

+0.03% (24h)

Nguyen Dang Quang, born in 1963, is a Vietnamese billionaire businessman, most notably known as the co-founder and chairman of Masan Group, a leading consumer goods company in Vietnam. With a current net worth of $1.1 billion as of 2024, he ranks among the wealthiest individuals in Vietnam. His wealth primarily stems from his significant holdings in the consumer products and banking sectors. Quang's career began in the 1990s with the founding of Masan Group, which has become a major player in the food and beverage industry, producing items like fish sauce and instant noodles. His leadership has been pivotal in the company's success. Quang also holds a position as a director in Techcombank. He holds an MBA from Plekhanov Russian University of Economics and a doctorate from the National Academy of Sciences of Belarus.

The Full Dossier

Early Life

Nguyen Dang Quang was born on August 23, 1963, in Quang Tri, Vietnam. He pursued higher education, earning an MBA from the Plekhanov Russian University of Economics and a doctorate from the National Academy of Sciences of Belarus.

Rise to Success

Quang's entrepreneurial journey began in the 1990s when he established Masan Group. Initially focused on selling instant noodles to the Vietnamese community in Russia, Quang expanded Masan into a leading consumer goods conglomerate.

Key Business Strategies

Under Quang's leadership, Masan Group adopted a growth strategy that included securing foreign capital for acquisitions and expansion. The company has focused on cash flow-generating businesses. Key products include Chinsu chili sauce and Nam Ngu fish sauce. Masan also operates the largest retail chain in Vietnam, WinMart.

Philanthropy

Information on his philanthropy is unavailable at this time.

Career Timeline

1993

Invested in Techcombank

Invested in Techcombank.

1990s

Founded Masan Group

Established Masan Group, a consumer goods company.

Philanthropic Impact

UnknownUndisclosed

Information Unavailable

No specific philanthropy initiatives are readily available.