Yu Yong
Mining · Shanghai, Shanghai
Net worth
$18.3B
Today
+$24M+0.13%Past month
−$2.6B−12.60%As of Nov 11, 2026, 1:50 PM EST
Yu Yong's wealth mainly comes from his holdings in CMOC Group, formerly China Molybdenum, one of the world's largest producers of the metal. He also owns a stake in global lithium-ion battery leader CATL. Yu's investment holding firm Cathay Fortune is an early investor in Zeekr, an electric vehicle brand under China's automobile giant Geely. Zeekr went public on the New York Stock Exchange in 2024. In 2025, CMOC took Canada-listed Lumina Gold private in a $419 million deal. Lumina fully owns the Cangrejos gold-copper project in Ecuador. In January 2026, CMOC acquired four producing gold mines in Brazil from Canada-listed Equinox Gold for $1 billion.
Net worth over time
Principal holdings
4 positions| Company | Industry | Share | Value |
|---|---|---|---|
China Molybdenum Company ltd SHANGHAI: 603993-CN | Finance & Investments | 55.3% | $10.1B |
Private and other holdings | Finance & Investments | 37.2% | $6.8B |
Contemporary Amperex Technology SHENZHEN: 300750-CN | Finance & Investments | 4.9% | $889M |
China Molybdenum HONG KONG: 3993-HK | Finance & Investments | 2.6% | $479M |