Mining Magazine September 2017 | Page 31

TOP 10 MINING BILLIONAIRES

3 VLADIMIR LISIN

4 WANG WENYIN

Amer International is one of the world ’ s biggest cable and copper suppliers and Wenyin stands at its head . Working his way up from a warehouse position in his native China , Wenyin began his entrepreneurial career as a power cord supplier . That company now employs over 15,000 people and has its own production facilities and mines . Wenyin controls around 1000 sq kms of mining land in China and over 10,000 sq kms of mining area across the world . Wenyin reported sales of over $ 40bn each year from 2014 to 2016 , and he also holds a minority stake in Colorado ’ s General Moly . Wenyin is worth over $ 15.4 bn according to some estimates .
Lisin is in the steel business and serves as the Board of Directors ’ chairman of Novolipetsk ; the biggest producer of steel in Russia . Lisin is also in control of many other ventures that add to his substantial net worth of $ 16.1bn , including Universal Cargo Logistics Holding . Lisin expands on the reach of his mining companies by controlling numerous ports and shipping companies that form essential parts of the supply chain .
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