Pursuits

Hidden Vietnam Billionaire Parlays Noodles Into Property

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Pham Nhat Vuong became a billionaire selling a Ukrainian instant-noodle business and creating Vietnam’s biggest property developer.

The 44-year-old chairman of Vingroup Joint-Stock Co., which is building eight mixed-use projects in prime locations in Vietnam at a total cost of more than $4 billion, plans to get even richer selling high- and mid-end apartments to Asians who want to reallocate their holdings from cash and gold.