Doan Nguyen Duc
, 53, is the man who has just bought a Legacy 600 at more than US$20 million, according to VTC News
splashed out about $7 million on a Beechcraft King Air 350, imported from the U.S., in 2008 and said he
would use the turboprop for business trips.
That turboprop is 10 meters long and has its wings spread over 15 meters, An Ninh Thu Do (Capital Security) newspaper said, adding that it can fly 3,500km on end and hit the maximum speed of 583km per hour.
The newspaper, which is managed by Hanoi police, said that state-owned Vietnam Air Traffic Management Corporation
will buy Duc's turboprop for its operations.
Duc is now chairman of Hoang Anh Gia Lai Group whose portfolios range from mining, cow raising, rubber planting to real estate and hydropower plant construction.
owns a Vietnamese league club, Hoang Anh Gia Lai, and an Arsenal-supported football training center, the Hoang Anh Gia Lai-Arsenal JMG Football Academy
, which he
spent $4 million founding in 2007.
is the second richest man in Vietnam with his
stock value topping VND7,575.118 billion ($353 million) in 2014, too whopping for Vietnamese whose GDP per capita was around $2,000 last year.
But there is no word from Duc
as to such celebration for his