Trung Dung 40 yrs. old; Business and Investor: 1.8 USD: Citizenship: United States Worth: 1.8 Billion USD




The other rumored billionaire is Tran Dinh Truong--> worth around 1 Billion USD. Hotels owner in NYC

theres billionaires all over vietnam

Puppet vnch say all top leaders in vietnam are billionaire in USD.

Thank god they're not Nugyens!

I think Bill Nguyen is another person who is closed to bilionaire status.

http://www.ncvaonline.org/archive/analysis...on_032206.shtml

Take, for instance, Bill Nguyen of California. About six years ago, he was considered one of the most successful entrepreneurs in that millionaire-abounded state. Well, what did he do? Still in his 30’s, he came up with a software that was sold for 670 million U.S. dollars. After he sold that one, he fiddled with an idea which in about half a year later brought him another 87 million dollars. I think it was in 2002 that a huge international computer technology conference held in Las Vegas, gathering some 6000 people, had the motto: “Yesterday, Bill Gates; today, Bill Nguyen.”

But as far as IT (information technology) is concerned, Bill Nguyen did not top the batch. That distinction must be reserved to Trung Dung, a MIT-produced young man living in Boston, who about two years ago came up with a software that allowed multinationals to read at one glance their financial situations around the world practically with a click. This was considered so useful that he sold the software for 1.8 billion.

You beat me to this SoCal.

Yup, Mr. Bill Nguyen appeared in the Forbes Magazine as one of the 40 richest American under the age of 40. He is worth around $800 million dollars.

- Pui-Wing Tam, Wall Street Journal

Who wins the war to provide the next great wireless service may boil down to making it easy to use.

Bill Nguyen's latest start-up, SEVEN Networks Inc. (www.seven.com), is trying, like its rivals, to offer access to e-mail and other corporate data wirelessly through mobile phones and hand-held computers. But SEVEN's product doesn't require additional installation or extra infrastructure. Instead, SEVEN's wireless-data software was created to reside directly in a wireless carrier's network.

That means companies don't need to spend extra effort or money to get data wirelessly on their mobile devices; all they need to do is sign up with a wireless carrier to get the access.

"Helping businesses access corporate data is where the dollars are, and that's where the adoption curve for wireless data is," says Mr. Nguyen, the 30-year-old president and founder of the Redwood City, Calif., wireless-software company. Mr. Nguyen formerly founded unified messaging provider Onebox.com, which was sold to wireless-software maker Openwave Systems Inc. in early 2000 for around $800 million.

But in this tough economic climate, Mr. Nguyen and SEVEN have their work cut out for them. Numerous telecommunications companies are banking on wireless data as the next great wireless service, but so far the promise has fallen short. With a delay in next-generation wireless networks and the physical limitations of many mobile devices, few companies have been able to make wireless data speedy enough or compelling enough to sell to business customers.

Meanwhile, a great crush of companies is clamoring to offer wireless-data services similar to SEVEN's. Many large competitors such as Oracle Corp. are telling corporate customers they can offer wireless-data services by installing new servers and wireless software. Other competitors proffer wireless-data services by "hosting" a business's corporate data.

"There are a lot of wireless-data solutions out there and a number of different approaches," says Stephen Drake, a program manager at research firm International Data Corp., noting there hasn't yet been a clear winner out of this crowded field.

That is where SEVEN's software product comes in, says Mr. Nguyen. Since the company has developed software that is embedded into a wireless carrier's network, corporations don't need to install servers or give away their corporate data to a third party for hosting. All a company needs to do is sign up with a wireless carrier and -- voila -- the software will be automatically configured with mobile devices to enable access to wireless data.

Using this model, SEVEN doesn't need to build up a large enterprise sales force. Instead, it can rely on a wireless carrier's sales force to distribute the software. The wireless carrier will pay SEVEN licensing fees, about which SEVEN declined to be more specific, as well as monthly fees of between $5 and $20 per subscriber, based on the number of subscribers to the wireless-data service.

SEVEN has already signed up two wireless carriers that have agreed to use and distribute its software, Cingular Wireless, the wireless joint venture between BellSouth Corp. and SBC Communications Inc., and BT Cellnet, a subsidiary of Britain's mmO2 PLC. Tim Hogan, Cingular's vice president of business marketing, says Cingular evaluated several wireless e-mail providers but decided to go with SEVEN because "SEVEN allows us to integrate an e-mail solution so that corporations don't need to put additional platforms in." He notes that SEVEN's technology "works across our current networks and future" next-generation wireless networks as well.

But some analysts are concerned Seven is betting too heavily on wireless carriers to distribute its wireless-data software. Dave Raezer, an analyst at Morgan Stanley Dean Witter, says corporations haven't typically bought services en masse from wireless carriers. The lack of experience in selling to enterprises is "clearly a challenge" for carriers, he says.

Mr. Nguyen acknowledges SEVEN's success depends on some factors beyond its control. Apart from getting corporations to accept sales from wireless carriers, mobile devices have to improve and wireless networks also have to progress, he says. "There are hurdles to wireless data," says Mr. Nguyen, "but we are making simple access easier."

SEVEN was launched in June 2000. The company completed a first round of $34 million in funding in November 2000 from venture-capital firms such as Ignition Corp. and Greylock. Mr. Nguyen also persuaded high-tech luminaries such as former Microsoft Corp. executives Cameron Myhrvold and Brad Silverberg, as well as former Phone.com Inc. founder and Chief Executive Alain Rossman, to sit on Seven's board. In September, SEVEN completed its second round of funding, raising an additional $30 million from venture-capital firms, including Bowman Capital and again Greylock. SEVEN now has more than 90 employees.

Mr. Nguyen says SEVEN is in the midst of discussions with several other wireless carriers and expects to announce new alliances soon. The company also is in the process of hiring a chief executive officer, and will have a candidate in place by early 2002, he says.

http://www.seven.com/news/news_articles/20...al-SEVENLe.html

You guys don't know nuthin'!

Has it ever occurred to you that Tran Dinh Truong & Tran Dung felt sorry for Bill Nguyen and simply gave him the $800 M, when Bill was on bended knee beggin' for spare change?

Land

Thank you for the updates.

___________________________________


Please take a look at the Billionaire List of Japan and Mexico. Japan has about 25 Billionaires while Mexico has about 10 Billionaires. When Vietnam accelerates the economy in the near future, the future will produce more billionaires. However, I would like to see Vietnam produces billionaires similar to Japan, not like Mexico. Mexico's richest billionaire is Carlos Slim and his net worth is more than $50 Billions, which is more than the next 9 Mexican Billionaires combined. In this case for Mexico, this is not good because Carlos Slim owes monopoly across major industries and he and his companies discourage competition.

_____________________________


Rank Name Citizenship Age Net Worth ($bil) Residence

129 Masayoshi Son Japan 49 5.8 Japan
132 Akira Mori & family Japan 69 5.7 Japan
167 Nobutada Saji & family Japan 61 4.7 Japan
188 Kunio Busujima & family Japan 81 4.4 Japan
194 Hiroko Takei & family Japan NA 4.3 Japan
226 Hiroshi Yamauchi Japan 79 3.9 Japan
230 Eitaro Itoyama Japan 64 3.8 Japan
237 Tadashi Yanai & family Japan 58 3.7 Japan
314 Hiroshi Mikitani Japan 42 2.9 Japan
323 Takemitsu Takizaki Japan 61 2.8 Japan

349 Masatoshi Ito Japan 82 2.6 Japan
407 Yo$hitaka Fukuda Japan 59 2.3 Japan
432 Kazuo Okada & family Japan 64 2.2 Japan
458 Fukuzo Iwasaki Japan 82 2.1 Japan
583 Shin Dong-Joo South Korea 53 1.7 Japan
618 Yasumitsu Shigeta Japan 42 1.6 Japan
618 Tetsuro Funai Japan 80 1.6 Japan
664 Hajime Satomi Japan 65 1.5 Japan
717 Shigenobu Nagamori Japan 53 1.4 Japan
717 Ryoichi Jinnai Japan 80 1.4 Japan

754 Soichiro Fukutake Japan 61 1.3 Japan
799 Toichi Takenaka Japan 64 1.2 Japan
840 Tadahiro Yoshida & family Japan 60 1.1 Japan
840 Han Chang-Woo & family Japan 76 1.1 Japan
891 Kenshin Oshima Japan 59 1.0 Japan

______________________________________

Billionaires in Mexico

3 Carlos Slim Helu Mexico 67 49.0 Mexico
158 Alberto Bailleres Mexico 74 5.0 Mexico
172 Ricardo Salinas Pliego Mexico 51 4.6 Mexico
194 Jeronimo Arango Mexico 81 4.3 Mexico
458 Emilio Azcarraga Jean Mexico 39 2.1 Mexico
488 Roberto Hernandez Ramirez Mexico 65 2.0 Mexico
488 Maria Asuncion Aramburuzabala & family Mexico 43 2.0 Mexico
557 Isaac Saba Raffoul & family Mexico 83 1.8 Mexico
583 Lorenzo Zambrano & family Mexico 62 1.7 Mexico
618 Alfredo Harp Helu Mexico 63 1.6 Mexico

What 'bout me? What am I, chop liver?

SoCal,
No problem

As for the current state of the Vietnamese economy, many important industries are being dominated by monopoly or oligopoly.

Thank you, Sir VietGuy. You are very cool.

Where does it say he is worth 1.8billion USD? I think he just sold one of his companies for 1.8billion. I don't think he is worth that much himself.

And does anyone think Mr. Bill Nguyen looks like a chinaman? Not trying to ruffle up any feathers or anything.

yeah bill nguyen is probably chinese with a vietnamese last name haha

i have never met any pure chinese with the last name nguyen .... even the one that live in vietnam ... if they have the last name nguyen .... and they have chinese ancestry then they are usually mix .... with the kinh ....

Nguyen = Yuon

See, I always knew those good for nuthin' Nguyens weren't even Vietnamese to begin with!

and how many chinese you know that have the last name youn? and those chinese are probably viet that are in china anyway

'Bout time!

I know a vietnamese guy that looks exactly like Bill Nguyen, I think that look is quite common among vietnamese

i was being sarcastic. im also a nguyen, and there will be more and more nguyen as time goes by.

I look like a chinaman but am I? No! Same with Bill Nguyen.

I read on the news a while ago and it mentioned one of the hotels that Tran Dinh Truong owns, Hotel Carter in Midtown Manhattan of New York , was being offered by someone for $1 billion dollars but he rejected it.

Do you really - I mean, really - want to know my answer?

Does anyone know about Huynh Phi Dung?

Someone recently updates the Sout East Asia Rich List and includes Huynh Phi Dung as ranked #19 with a networth of $1 Billion.


http://en.wikipedia.org/wiki/South_East_Asia_Rich_List

Rank Name Age Country Worth ($mil)

Robert Kuok 81 Malaysia, 4.1 billion
Ananda Krishnan 66 Malaysia, 3.5 billion
Kwek Leng Beng 63 Singapore, 2.8 billion
Rachman Halim 57 Indonesia, 2.3 billion
Ng Teng Fong 76 Singapore, 2.3 billion
Quek Leng Chan 63 Malaysia, 2.3 billion
Wee Cho Yaw 75 Singapore, 2.3 billion
R. Budi Hartono -- Indonesia, 2.2 billion
Lee Seng Wee 79 Singapore, 1.9 billion
Lim Goh Tong 86 Malaysia, 1.9 billion
Teh Hong Piow 74 Malaysia, 1.8 billion
Lucio Tan 70 Philippines, 1.6 billion
Chaleo Yoovidhya -- Thailand, 1.6 billion
Henry Sy 79 Philippines, 1.4 billion
Dhanin Chearavanont 65 Thailand, 1.3 billion
Thaksin Shinawatra 55 Thailand, 1.2 billion
Putera Sampoerna 56 Indonesia, 1.0 billion
Tiong Hiew King 68 Malaysia, 1.0 billion
19 Phi Dung Huynh, 54 Vietnamese. 1.00 billion
Francis Yeoh 50 Malaysia, 0.87 billion
Jaime Zobel de Ayala 70 Philippines, 0.80 billion

He's the guy who has been building that Dai Nam Cultural Park in Binh Duong, a $190-mil-dollar project.

I doubt that he is a billionare until I see solid evidence from legit sources. I definitely do not take a source like Wiki seriously in this matter

wiki

I could put you as a trillionaire on wiki.

I am very surprised that Mr. Huynh Phi Dung is on the rich list.

He and Mr. Truong Gia Binh of FPT must have comparable wealth.

I think one good criterion to include a person in Vietnam Rich List

is someone who has over 1 Trillion VN Dong, which is $62.5 Million US Dollars.

If you're staying in a hotel and Jonathan Anderson books himself into the room next door, it would be wise to seek alternative accommodation. This year's best economist is currently learning Rolling Stones songs and recently found himself strumming "Honky Tonk Woman" in a hotel room at 3am. Anderson is passionate about the guitar. Fortunately for UBS, he is equally passionate about economics.
-------------------------
Jonty rodes

Viral Marketing

What do you mean?

Huy Phi Dung ...The estimation his money and land worth 1 billion dollar. But his money is 400 million only. Rank in vietnam = 6.
Top Dang thanh tam = 870 million dollar. Second is Pham Nhat Vuong, 720 million dollars.... there are only 10 guys have money and properties more than 500 million dollars in Vietnam and 42 people who have more than 100 millions. Too little to compare with 87 million people. of course vietnam have 26 thousand millionair 1/6 to korea, 1/12 to china, 1/7 with india, 1/150 with US, 1/35 with 40 with Japan and 1/3 with malaysia.... 1/1.5 with Thailand....
but the potential vietnamese will have more billionair than Malay, Indo, Thailand, cuz 10 top guy vietnamese have closed to Billion just need 3-5 more years... if the rate of econonic growing like this ..sure vietnam will have billionair in 2010 possile 10 billionair in 2012

Doan Nguyen Duc is worth at least $1 bil already.

Doan nguyen duc, His company is worth more than 1 billion but himseft 600 million only. what I know from powerful lady told me.

those Viet back home are way much richer than these guys. these are B in stocks and those in vietnam are B in cash

Doan Nguyen Duc's company is close to $2 bil and he owns like 55-65% of the company so he is worth at least $1 bil. A powerful ladyboy also told me that

wheres Socal?
he has like 100000000000000000000 billions in Tiền Âm Phủ

i think he got less than 20% of the 1.8 B that he sold. also there'snt no hotel worth one B, if u said a casino, i might believe