Chinese Billionaire : Yu Yong
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 business in Sept. 2016.
Yu Yong (Chinese: 于泳; born 1961 or 1962)[1][2] is a Chinese billionaire businessman. He is the founder and head of the Cathay Fortune Corp., which is an investor in the mining company China Molybdenum.[3] On the Forbes 2016 list of the world’s billionaires, he was ranked #688 with a net worth of US$2.5 billion.[1]
His net worth is $ 3.1 B since 4/27/17.
Source:
- Forbes
- wikipedia