Le Dac Son family: Father revived VPBank, eldest son started a trillion-dollar startup, youngest son set up a million-fan Youtube channel

The family of the former CEO of VPBank is a typical example of a talented, "hereditary" family. If Mr. Le Dac Son makes people admire with his talent, he is the "goddess" to save VPBank on the brink of bankruptcy, his two children, Le Dac Lam and Le Dac Giang, are impressed by his creativity. bravery of a family of knowledge.

Father is the "captain" of a big bank

Mr. Le Dac Son is well known as the former General Director of VPBank, having great merit in saving this bank from the risk of dissolution in the period 2001-2004.

Mr. Le Dac Son's family lived in Poland for 12 years (in the period 1989-2001). Before that, he worked as a lecturer at Polytechnic University and experienced a number of positions in the army.

In 1994, while returning home, Mr. Son invested US$550,000 to buy shares of VPBank and became the largest shareholder with the intention of saving it for his children later. In 2001, Mr. Son decided to return to Vietnam when VPBank was under investigation. By the end of October 2001, the inspection council came to the final decision: either to dissolve VPBank or to give this bank the last chance to recover on its own.

The State Bank of Vietnam accepted the proposal of VPBank's Board of Directors, for 2 years to save itself with a huge debt of more than 400 billion VND and 35.5 million USD to pay to foreign countries. This amount was 4 times larger than VPBank's charter capital at that time.

After 1 year of operation, Mr. Son increased the bank's profit from 1.9 billion dong in 2001 to 20.6 billion dong in 2002, then reached 42.8 billion dong in 2003 and 50 billion dong in 2017. 2004. Since then, this bank has gradually returned to its true business trajectory. On May 29, 2004, General Director Le Dac Son officially declared VPBank "escape" and revived.

At the end of 2004 - 2005, Mr. Le Dac Son and 11 teachers and scientists under the auspices of the Vietnam Construction Association established the Dai Nam University project and submitted it to the Prime Minister for approval. At that time, he was still the CEO of VPBank. In August 2009, Mr. Le Dac Son left the position of CEO of VPBank, withdrew all his capital at this bank and focused on building Dai Nam University.

The eldest son founded a trillion-dong startup

In July 2016, the startup world was excited by the news that the startup Vntrip had completed the first round of funding with 3 million USD from foreign investment funds. After that, information about co-founder and CEO Le Dac Lam began to attract many people's attention.

Le Dac Lam graduated from the University of Washington (USA) in 2007. From then to 2013, he held many positions at Indochina Land, VPREIT real estate fund and Indochina Capital.

In 2014, Le Dac Lam and his partner founded Vntrip - an online booking platform for hotel bookings, air tickets, and travel combos. At first, with limited resources, Mr. Lam had to borrow a classroom at Dai Nam University from his parents as an office, and set up a small mattress so that employees who worked late could sleep again.

Established with 10 billion dong of capital, after only 18 months, Vntrip has been valued at 300 billion dong after the first capital call. In 2017, Vntrip announced that it continued to successfully raise capital for series B with 10 million USD from the foreign investment fund Hendale Capital. A year later, Vntrip said that it continued to receive a third capital injection with a valuation of 45 million USD, equivalent to 1,000 billion VND.

By 2020, even though it is a tourism business directly affected by Covid-19, Vntrip has successfully raised an additional 7 million USD in a series B funding round (about 160 billion VND).

In an interview, Le Dac Lam once revealed his father's reason for not following his career as a banker or as an educator: "Although he is very compatible with his father in business, I think working with family is always quite complicated. and confined Many of my friends work for the family business, but I choose to move out.

When I work with parents, there are many things that are difficult to discuss fairly, so I prefer to do it on my own and if I take over in the future, then I have a different position. , not only with parents but also with employees in family companies".

In addition to business, Le Dac Lam was once interested in the press when he had an emotional relationship with beauties in the entertainment world. Currently, he is married and has children.

The youngest son pursues his passion for Youtube

In addition, the second son of Mr. Le Dac Son, Le Dac Giang, also makes people admire with his brand identity. After a period of study and experience with professions, Giang realized that she really loves and fits the movie review model on YouTube.

Therefore, he has embarked on building and developing a YouTube channel about entertainment and movies. Currently, the channel has 1.58 million subscribers, attracting a total of more than 643 million views.

Not only stopping at movies, Le Dac Giang's Youtube ecosystem has developed more channels such as Phe Truyen, Phe Game, Phe Vlogs, all of which have reached several hundred thousand followers. In particular, the word "coffee" is understood in many meanings, both as a "slang" indicating a happy nuance, as well as an implication of criticism, comment, and evaluation.

The special thing that attracts people to Le Dac Giang's YouTube channel is the founder's extremely warm and humorous reading and commentary. The main content of the videos is to comment and rate domestic and foreign films. In order to have such a large fan base, Mr. Le Dac Giang has also experienced many difficulties with his plans.

"When I first started YouTube, I was most afraid of being asked 'What do you do', because I didn't know how to answer correctly so that people would understand. When I said YouTube, I was either afraid that people wouldn't know it, or afraid that they would consider YouTube as YouTube. I used to think I would write down a good answer to be ready to answer when someone asked, but still didn't have time", recalling the early days of the profession, Le Dac Giang shared Share with Business and Marketing.

However, the founder of Phe Phim said that his parents have never forced him to do anything, everything is supportive, and Youtube is the same. Moreover, Film Criticism is a fast-growing channel, parents see high viewership, many comments praising their children and making money, so they also support.

Although quite tight-lipped, not revealing his private life, sometimes Le Dac Giang also appears with his brother in photos taken together.

Although he did not follow in his father's footsteps, both of Mr. Le Dac Son's children were still successful, not ashamed of the name "tiger father gave birth to a tiger", his children all had their own path, established their own position. in society without "relying" on the big shadow of his father, a man who fought for many years in the marketplace. It can be said that the family of the former CEO of VPBank is a model family that many people wish for.

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