LeaderPortfolio
Weitong
Xie Weitong
Rank #1244
TAIWANMetals & MiningCobalt

Xie Weitong

Net Worth
$3.42B
0% (24h)
Xie Weitong, a 69-year-old Taiwanese citizen, is a self-made billionaire whose wealth stems from his involvement in the cobalt industry. As of March 24, 2026, his net worth is estimated at $3.4 billion, securing him a global rank of #1239. Xie was previously the largest shareholder of Huayou Cobalt, a major Chinese supplier of cobalt and lithium battery chemicals. Xie's career includes 17 years as Vice Chairman of Huayou Cobalt, from which he resigned in 2019. He is married and has two children.

How to read Xie Weitong's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Xie Weitong, we anchor the narrative to Cobalt and Cobalt, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $3.42B alongside global rank #1244, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (TAIWAN) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Information about Xie Weitong's early life is limited in the search results. However, it is known that he is a citizen of Taiwan, and as of 2024, he is 69 years old.

Rise to Success

Xie Weitong's primary source of wealth comes from his involvement in the cobalt industry. Specifically, he was the largest shareholder of Huayou Cobalt, a major Chinese supplier of cobalt and lithium battery chemicals. The company also operates cobalt and copper mining businesses in the Congo and acquired a lithium mine in Zimbabwe in 2022. Xie resigned as Vice Chairman of Huayou Cobalt in 2019, after 17 years.

Key Business Strategies

The search results do not provide details on specific business strategies employed by Xie Weitong. However, the cobalt market is driven by rising demand from electric vehicle and energy storage industries. The global cobalt mining market was valued at USD 18.36 billion in 2025 and is projected to grow to USD 33.15 billion by 2034. The main driver of this growth is the increasing use of lithium-ion batteries in EVs.

Philanthropy

There is no specific information on Xie Weitong's philanthropic activities found in the search results.

Career Timeline

2021

Sold his stake in Huayou Cobalt

Xie Weitong sold his shares in Huayou Cobalt.

2019

Resigned as Vice Chairman of Huayou Cobalt

After 17 years of service, Xie Weitong resigned from his position as Vice Chairman.

Net Worth History

In-Depth Analysis

Early Life

Information about Xie Weitong's early life is limited in the search results. However, it is known that he is a citizen of Taiwan, and as of 2024, he is 69 years old.

Rise to Success

Xie Weitong's primary source of wealth comes from his involvement in the cobalt industry. Specifically, he was the largest shareholder of Huayou Cobalt, a major Chinese supplier of cobalt and lithium battery chemicals. The company also operates cobalt and copper mining businesses in the Congo and acquired a lithium mine in Zimbabwe in 2022. Xie resigned as Vice Chairman of Huayou Cobalt in 2019, after 17 years.

Key Business Strategies

The search results do not provide details on specific business strategies employed by Xie Weitong. However, the cobalt market is driven by rising demand from electric vehicle and energy storage industries. The global cobalt mining market was valued at USD 18.36 billion in 2025 and is projected to grow to USD 33.15 billion by 2034. The main driver of this growth is the increasing use of lithium-ion batteries in EVs.

Philanthropy

There is no specific information on Xie Weitong's philanthropic activities found in the search results.

Data Sources & Methodology

Figures for Xie Weitong are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.