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Billionaire Profile
Deng Weiming & family
Global Rank
#1412

Image: Unsplash Contributor | Unsplash License | via Unsplash

Deng Weiming & family

CEO, Battery components
CHINA
Real-Time Net Worth
$2.929B
Estimated based on Battery components stock value as of March 6, 2026
-1.89% (24h)
Age
57
Source
Battery components
Industry
Manufacturing
Citizenship
CHINA

Biography

Deng Weiming, a 57-year-old Chinese entrepreneur, is a prominent figure in the battery components industry. His wealth stems from his position as chairman of CNGR Advanced Material, a key player in the lithium-ion battery supply chain, with customers like Contemporary Amperex Technology, LG Chem, and Tesla. Deng's career began in 1995, and he founded CNGR in 2004. His leadership has been pivotal in driving CNGR's growth and market position. As of early February 2026, his net worth is estimated at $2.7 billion, and he is ranked #1513 globally.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Deng Weiming was born in China and is currently 57 years old. Little is known about his early life.

Rise to Success

Deng Weiming chairs CNGR Advanced Material, which manufactures components for lithium batteries. He started his own business in 1995 and founded CNGR in 2004. CNGR's customers include Contemporary Amperex Technology, Korea-based LG Chem, and U.S.-based Tesla. Deng Weiming's wife, Wu Xiaoge, is a CNGR director and vice president. In 2021, Deng Weiming was listed on the Forbes list with a net worth of $9.07 billion.

Key Business Strategies

CNGR Advanced Material focuses on the production of lithium battery components. The company has been expanding its global presence. In 2022, Deng Weiming visited the GEM Nickel Resources Project (QMB) for investigation and research.

Philanthropy

Details about Deng Weiming's specific philanthropic initiatives are not readily available in the search results.

Career Milestones

1995

Began his own business

Started his own business at age 27.

2004

Founded CNGR Advanced Material

Founded CNGR Advanced Material, which makes components of lithium batteries.

Philanthropy & Social Impact

N/A

Philanthropy Initiatives

Undisclosed

Specific philanthropic initiatives are not readily available.

Business Philosophy & Leadership

Notable Quotes

"No notable quotes found in the search results."

Leadership Principles

Not available

No leadership principles found in the search results.

Controversies & Challenges

N/A

Nickel Industry in Indonesia

CNGR Advanced Material Co. Ltd. has plans to build three nickel matte processing plants within the Indonesia Weda Bay Industrial Park (IWIP). There are human rights and environmental concerns associated with nickel mining and smelting in the area.

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