Trinh Van Quyet
From Wikipedia, the free encyclopedia
- Chairman & CEO of FLC Group
- Chairman of Bamboo Airways
- Owner of FLC Group
- Owner of Bamboo Airways
Trinh Van Quyet | |
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| Born | November 27, 1975 Vĩnh Tường, Vĩnh Phúc, Vietnam |
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Trinh Van Quyet (born November 27, 1975)[1] is a Vietnamese entrepreneur, who became the second billionaire in Vietnam's stock market on October 27, 2016, with the holding of 22.7 trillion dong ($1.02 billion).[2]
Currently, Quyet is in possession of 108.86 million FLC and 279.5 million ROS shares.[3] At the close on November 11, 2016, with the combined value of ROS and FLC shares, Quyet's holding amounted to over 31 trillion dong ($1.395 billion). Quyet had taken the place of the richest man in Vietnam's stock market, which originally belonged to Pham Nhat Vuong, Vingroup's Chairman for a substantially long time. However, with a surge in price, VIC shares have closed down the gap between Quyet's and Vuong's holdings. According to CafeF, the session will forever go down as the day of the "lightning fight" for the position of the richest man in the stock market.[4]
At the close on November 11, 2016, Quyet's total holdings, which amounted to $1.371 billion, were only $31.86 million behind Vuong's.[4]
In July 2014, Forbes Vietnam published the article "A lawyer doing business" focusing on Quyet[5] who has attracted great attention with a series of major real estate projects. "A right time to invest and a right moment to get "risky" are what led to the successes of FLC Group's Chairman Trinh Van Quyet," states Forbes.[6]
On March 29, 2022, spokesman for the Ministry of Public Security of Vietnam, Lieutenant General To An Xo announced that the Investigative Police Agency of the Ministry of Public Security of Vietnam had issued an arrest warrant for him for allegedly stock market manipulation.[7]
Trinh Van Quyet was born and raised in Vinh Thinh, Vinh Tuong, Vinh Phuc. His father, Trinh Hong Quy, and mother, Do Thi Giap, were civil servants.[8] "Studying at university, Trinh Van Quyet showed a great passion for business. In the second year of university, he founded the Tutor Office - one of the first tutor centers in Hanoi and gradually shifted to phone business. Phones or mobile phones back then were regarded as "hot" products generating fairly high profit which he used to support his sister's studying and open SMiC after graduating from university."[9]
Contribution
Forbes has regarded FLC Group's incredible growth as "a rare story in the real estate sector" and considered Quyet as a role model in the new entrepreneur generation.[10]
"Last year, everyone is concerned if FLC Group can achieve what they promise. But this year, I see not a hint of worry. FLC Samson Beach & Golf Resort has greatly contributed to Thanh Hoa's tourism and the North Central Region," states Vice Chairperson of the Vietnamese National Assembly, Uong Chi Luu, at the inaugural ceremony of FLC Samson Beach & Golf Resort.[11]