ACTUAL TIME TOTAL ASSETS– since 4/27/17
$ 3.1 B.
Yu Yong chairs Hong Kong-listed mining company China Molybdenum.
China Molybdenum paid $1.5 billion for Anglo American Plc’s niobium as well as phosphates organisation in Sept. 2016.
Yu Yong net worth: Yu Yong is a Chinese businessman and entrepreneur who has a net worth of $3.1 billion. Yu Yong is the founder and Principal of the Cathay Fortune Corp. which is an investor in the Hong Kong mining company China Molybdenum Co. The company’s mine in Sandaozhuang has one of the largest molybdenum reserves and the second largest tungsten reserve in the world. Cathay Fortune has branches in New York and Beijing and operates as a subsidiary of China-Africa Development Fund. Yong is married and lives in Shanghai, China.
Source:
- Forbes
- celebritynetworth