Shark Thuy - a "shark" that doesn't have a college degree, but contributes to improving education

Phong TrầnMar 26, 2024 at 17:10

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Before being detained, Mr. Nguyen Ngoc Thuy was a famous businessman, especially in the field of education. Famous after sitting in the "hot seat" of Shark Tank, investing in dozens of billion-dollar deals, Shark Thuy is bogged down with the empire he built.

On the morning of March 26, 2024, Lieutenant General To An Xo (spokesperson of the Ministry of Public Security), said that the Police Investigation Agency of the Ministry of Public Security had prosecuted the defendant and temporarily detained Mr. Nguyen Ngoc Thuy (Chairman of the Education Company). EGroup, aka Shark Thuy) and Mr. Dang Van Hien (Head of Shareholder Relations of EGame Company) to investigate the act of "fraudulent appropriation of assets".

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 1

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 2

Nguyen Ngoc Thuy, also known as Shark Thuy, was born in 1982 in Hanoi. Mr. Thuy was born on April 17, 1982 in Hanoi. At the age of 17, Mr. Thuy started his career with a university exam preparation center with his teacher.

According to the introduction, Shark Thuy has not yet completed her university degree. When he was a first-year student at the University of Mining and Geology, Hanoi, Mr. Thuy had to reserve a position to focus entirely on the university exam preparation business in the Ha Dong area.

In 2008, he founded Egame company, the predecessor of Egroup Group, which has been developing for 14 years now. After that, he built the "educational ecosystem" Egroup with a chain of subsidiary companies developing education, health, and information.

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 3

During this period, Mr. Thuy succeeded with many educational projects, typically the Apax English and Apax Leaders English chains.

It is difficult to deny the contributions of Shark Thuy when in just 4 years, thanks to the outstanding development of the Apax brand, it has changed the face of the English education market with more than 100 centers and 800 teachers. native speakers and 75,000 students nationwide.

In 2017, he was voted by Enterprise Asia as one of the 14 best entrepreneurs in Vietnam and awarded the Asia-Pacific Entrepreneurship Award (APEA).

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 4

The nickname Shark Thuy is because Mr. Nguyen Ngoc Thuy had 2 seasons participating in the Shark Tank Vietnam program (2018, 2019). At that time, he appeared on the "hot seat" of Shark Tank as Chairman of the Board of Directors and General Director of Egroup Education Group Joint Stock Company.

In the first season, Shark Thuy appeared on the show Shark Tank Vietnam as a guest investor, alongside the 4 main "sharks" of the show.

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 5

In 2 seasons participating in Shark Tank, Shark Thuy is the one who holds the "golden" ratio of the program with the offer to invest in 9 companies on television, of which 8 companies have been invested with a total investment amount. up to 74 billion VND. However, by the end of 2022, only 4/9 projects are still operating.

Shark Thuy founded many corporations such as Egroup Group, Egame Investment and Distribution Joint Stock Company (Egame Group), Ecapital Investment Group Joint Stock Company (Ecapital Group), Apax English Joint Stock Company ( Apax English Group)....

Shark Thuy is Chairman of the Board of Directors and General Director with an ownership rate of 35% of Egroup's charter capital. At the same time, Shark Thuy also holds the position of Chairman of the Board of Directors at companies such as Egame Investment and Distribution Joint Stock Company (Egame Company), Apax Holdings Investment Joint Stock Company, Apax Joint Stock Company English...

In addition to this system of corporations, Mr. Nguyen Ngoc Thuy (Shark Thuy) also established many Apax English - Apax Leaders English centers, dozens of STEAMe GARTEN preschools, 11 Yakson Beauty cosmetic therapy institutes, 50 stores Soya Garden nationwide and 12 CMS centers (early education program for children in the 4.0 era) and 1 international standard STEM experience center.

In 2023, Shark Thuy was suddenly accused by many people of appropriating thousands of billions of dong through various contracts in the form of deposits.

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 6

To serve the investigation and handling of crimes, and ensure the rights of the victims according to the provisions of law, the Police Investigation Agency of the Ministry of Public Security recommends that people buy shares and lend money in form of money. To mortgage shares for EGroup Education Group Joint Stock Company, if there is currently outstanding debt that has not yet been reported, please urgently contact to provide records and documents to the Police Investigation Agency of the Ministry of Public Security.

Shark Thuy - a shark that doesnt have a college degree, but contributes to improving education - Photo 7

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