Sou Hu Cai Jing·2025-12-20 06:05Core Viewpoint - Duan Yongping is considered a hidden billionaire in China, with a significant wealth gap compared to other wealthy individuals like Wang Shi, primarily due to his successful investment strategies and diversified asset portfolio [1][3]. Investment Portfolio - Duan's wealth is largely derived from successful investments, including over 50 times profit from his investment in NetEase and substantial gains from Apple stocks, with current holdings valued at approximately 70 billion RMB [4]. - He holds 3,483 million shares of Apple and 338 million shares of Berkshire Hathaway, which together account for about 77% of his U.S. stock holdings, valued at around 200 billion RMB [4][6]. - In addition to these, Duan has investments in Pinduoduo, Occidental Petroleum, Alibaba, and Google, with an estimated total market value of around 1200 billion RMB [4]. A-Share Holdings - Duan also holds shares in Kweichow Moutai, valued at approximately 28 billion RMB, and has maintained profitability despite market fluctuations [6]. - His investment in Tencent is valued at around 4 billion RMB, with successful buy-ins during market dips [6]. Private Companies - Duan is the founder of BBK Electronics, which has successfully launched brands like OPPO and VIVO. His estimated holdings in these companies are significant, with OPPO valued at 150-200 billion RMB and VIVO at around 300 billion RMB [8]. - His total estimated assets, including stocks and private company holdings, exceed 2000 billion RMB, along with unquantified cash assets [8]. Investment Philosophy - Duan's investment journey began with a strategic investment in NetEase, where he recognized the potential of the gaming market, leading to substantial profits [10]. - He emphasizes a simple investment philosophy, reflecting a straightforward approach to wealth accumulation and investment strategies [10].