Nguyen Dang Quang
$1.1B
Born
Aug 23, 1963
Age
62
Source of Wealth
Consumer products, banking
Residence
Ho Chi Minh City,
Citizenship
Vietnam
Marital Status
Married
Children
3
Education
- Nguyen Dang Quang invested in commercial bank Techcombank in 1993 and later founded Masan Group with business partner, Ho Hung Anh, in 2004.
- Masan Group has interests in a wide range of consumer and food product businesses, ranging from animal feeds to food processing.
- While Ho Hung Anh, who is chairman of Techcombank, is in charge of the bank, Nguyen is focused on building Masan Group as its chairman.
- In 2023, Bain Capital led a $500 million funding round in Masan, the global private equity giant's first-ever investment in Vietnam.
- Masan Consumer, the group's consumer goods unit, is looking to go public on the Ho Chi Minh City Stock Exchange in 2025.
- Nguyen Dang Quang belongs to the wave of Vietnamese students who studied in Russia and Eastern Europe in the 1980s, after the Vietnam War.
- He returned to Vietnam and worked for Vietnam's Academy of Sciences before joining the private sector in the 1990s.
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