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China’s Bottled water tycoon and Nongfu Spring company founder Zhong Shanshan now the richest person in Asia. Move over Mukesh Ambani.
Earlier, he left behind Jack Ma, the founder of e-commerce giant Alibaba. This time he left behind Mukesh Ambani, the chairman of Reliance Industries of India.
This year alone, Zhong Shanshan’s wealth has increased by $7 billion. This information was given in a report of BBC online.
Zhong Shanshan’s total wealth now stands at $77.8 billion. According to the Bloomberg Billionaires Index, Zhang is now the 11th richest person in the world.
Zhong is better known as Lone Wolf. Zhang’s career is quite diverse. He has worked in journalism, mushroom cultivation and healthcare.
In April, Zhong’s Beijing Wantai Biological Pharmacy Enterprise was listed on the Chinese stock exchange. In August alone, the assets of his controlling portion of the firm increased by $20 billion.
Nongfu Spring bottled water and beverage company was launched in Hong Kong in April, three months after the vaccine company was launched. He founded it in 1996 in Zhejiang Province.
Nongfu shares have risen 155 percent since coming to market. Shares of Beijing OneTai Biological have risen more than 2,000 percent. It is one of the coronavirus vaccine manufacturers.
In September, 66-year-old Zhong Shanshan replaced Jack Ma as China’s richest man. This time Mukesh Ambani became the richest man in Asia.