Billionaire Pham Nhat Vuong was honored as "Asia's Charity Hero": The amount spent shocked everyone

This is the second year in a row that billionaire Pham Nhat Vuong is on this list after his contributions to the fight against the COVID-19 pandemic in Vietnam.

Recently, Forbes magazine announced the list of the top 15 philanthropists in Asia in 2021 (Asias 2021 heroes of Philanthropy). This is the 15th time this list has been published. The Forbes list includes the region's top prominent businessmen and business moguls who have demonstrated a clear personal commitment to philanthropy.

According to the announcement, this year's list includes many new names, but there are still some names that appeared on the list last year, typically the richest billionaire in Vietnam, Mr. Pham Nhat Vuong.

Forbes magazine said billionaire Pham Nhat Vuong - the richest man in Vietnam - has continued to make a significant contribution to reducing the impact of the Covid-19 pandemic in the community.

According to information from Forbes, Vingroup Group boss Pham Nhat Vuong continues to make significant contributions to the prevention and control of the Covid-19 pandemic in Vietnam. Since last year, Vietnam's richest billionaire has donated more than $320 million to support the prevention of the epidemic.

Vingroup's contributions to the national vaccine fund have helped purchase 4 million doses of the Covid-19 vaccine and 33 million test kits. The business also donated millions of doses of antiviral drugs Remdesivir and Monupiravir to provinces hit hard by the pandemic.

In the first nine months of 2021, the real estate, automotive and technology group contributed $45 million to the Kind Heart Foundation, founded by Mr. Vuong in 2006.

Specifically, in the same period in 2020, Vingroup used to spend up to VND 2,117.8 billion for charity purposes through the Thien Tam Fund. Charity expenses incurred in the first 6 months of 2020 are VND 738 billion.

Also according to the report, in 2020, Mr. Pham Nhat Vuong's Thien Tam Foundation built 2,700 houses of charity, houses to overcome floods, 35 schools and semi-boarding houses for students in highland and special border communes. difficult... and many other activities.

In particular, in 2020, billionaire Pham Nhat Vuong contributed $77 million through Vingroup's Thien Tam Fund to fund charity programs in many fields from education to health.

Billionaire Pham Nhat Vuong is a Vietnamese businessman and billionaire. He is currently the Chairman of Vingroup. He is considered the first US dollar billionaire on the Vietnamese stock exchange since March 7, 2011 with a net worth of about 21,200 billion Vietnamese dong, equivalent to 1 billion US dollars at that time.

He is also the first Vietnamese billionaire to enter the Forbes list of world billionaires in 2013. According to Forbes magazine's new list of world billionaires in 2021, Mr. Pham Nhat Vuong continues to be the richest person in Vietnam. Vietnam with assets of 7.3 billion USD. According to Forbes ranking, Vuong is the 344th richest person in the world.

Among those shortlisted is tech entrepreneur Mike Cannon-Brookes, co-founder and co-CEO of Atlassian Software. This person has pledged to donate $ 357 million by 2030 to nonprofits fighting climate change.

Higher education is one of the top areas of interest by billionaires in donating and philanthropic throughout the past year. Brothers Ronnie and Gerald Chan, Chairman of the Hang Lung Group and co-founder of Morningside Group, are also on the list. These two people donated $175 million to the University of Massachusetts. This is the biggest gift ever for the UMass system.

Some other "heroes" include Wipro founder and President Azim Premji; Michael Kim, founder of MBK Partners - one of Asia's largest private equity firms; co-founders of Alibaba Group Joseph Tsai and Clara Wu Tsai; Teresita Sy-Coson, Vice President of SM Investments Group...

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