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AUM

Estimated $1.5B+

Principals

2

Principal Net Worth

$1.0B

Data Flags

Vietnam's auto king; THACO Group founder; dropped from Forbes 2025 billionaires list

Duong Family Office

SFOHigh Confidence

Ho Chi Minh City / Quang Nam, Vietnam

Last verified: Jan 17, 2026

Details

Source of Wealth
Automotive / Manufacturing (THACO Group)
Assets Under Management
Estimated $1.5B+
Source File
research/organizations/duong-family-office.md
UID
fo-duong-family-office

Also Known As

Tran Ba Duong Family OfficeDuong CapitalTHACO Family OfficeTruong Hai Family Office

Principals (2)

Tran Ba DuongFounder/Chairman, THACO GroupOWNS
$1B
TBD-OWNS

Team Members (6)

Elon MuskPrincipal
WORKS_AT
Jet AirTitle TBD
WORKS_AT
Koch IndustriesTitle TBD
WORKS_AT
Nguyen ThiTitle TBD
WORKS_AT
Technology SemiconductorsTitle TBD
WORKS_AT
Tran Ba DuongFounder and Chairman
WORKS_AT

Related Entities (3)

Family FoundationFoundation
THACO AgriSubsidiary

Agricultural investments

THACO Group (Truong Hai Auto Corporation)Subsidiary

Vietnam's largest auto company

Relationship Strength

Loading relationships...

Sources (4)

Changelog

  • 2026-01-17Upgraded to High confidence. Verified via VNExpress (Jan 2025), Baochinhphu: Dropped from Forbes 2025 billionaires list. Net worth ~$1B (down from $1.2B). Wikipedia and Forbes 2024 data confirmed.
  • 2026-01-16Enriched with birth year (1960 Hue), Ho Chi Minh City University education, 1997 THACO founding, vehicle assembly partners (Kia/Mazda/BMW/Peugeot), "Auto King" nickname
  • 2026-01-15Auto-generated from principal Tran Ba Duong & family

Engagement & Preferences