Ambani is at number 12, with a net worth of $76.9bn. Founder of beverage company Nongfu Spring, Zhong Shanshan, is the richest person in China with a wealth of $65.9 billion, followed by Zhang Yiming, founder of TikTok parent ByteDance. The bumper response to the IPO propelled its founder Zhong Shanshan to the Bloomberg Billionaires Index. Adani Group Chairman Gautam Adani has overtaken China's Zhong Shanshan to become the second richest Asian in the world. "It's one of the fastest accumulations of wealth in history," said the report as Zhong's businesses surged . Zhong's net worth has surged to $85 billion and made him the seventh-richest person on the planet, Hurun Report, a China-based compiler of "rich lists", said last week. Other high profile Asian billionaires on the list include China's Zhong Shanshan and Ma Huateng, along with Hong Kong's own Li Ka-Shing, who was ranked as the 43rd richest in the world, and 12th overall in Asia. This was the first company founded by Zhong in 1993. According to Bloomberg, Zhong, 66, a bottled water and vaccine tycoon, is the 11th richest person on the planet. At the end of 2020, Forbes listed Zhong as Asia's wealthiest person. Shanshan also owns and serves as the chairman of the company Wantai. Answer (1 of 3): The business empire of Zhong Shanshan (钟睒睒) consists of two core business groups: The first company is Hainan Yangshengtang Pharmaceutical Co. Ltd. This made him China's wealthiest or second-wealthiest person, according to Bloomberg and Forbes respectively. Zhong beat the likes of Warren Buffett, Google co-founder Larry Page and former Microsoft Corp. CEO Steve Ballmer to become the sixth wealthiest person. Zhong Shanshan, founder of bottled water company Nongfu Spring, bumped off Jack Ma Yun as the richest person in China, securing the top spot among Chinese billionaires, according to the Hurun China Rich List 2021 published on Wednesday. According to Bloomberg's Billionaires Index, he is now China's richest man, with an estimated fortune of US$66.8 billion. Ranked third last year, Zhong was propelled to the top spot as the Communist Party government's drive to redistribute wealth in the name of . Zhong Shanshan, chairman and founder of Nongfu Spring, tops this year's ranking with a $65.9 billion fortune, up from $53.9 billion last year when he ranked No. Chinese billionaire Zhong Shanshan is the richest person in Asia, with an estimated $84.7 billion net worth, per Bloomberg's Billionaires Index. Zhong Shanshan rose to become Asia's richest man with a worth of nearly $77.8 billion on Dec. 31. Answer (1 of 3): The business empire of Zhong Shanshan (钟睒睒) consists of two core business groups: The first company is Hainan Yangshengtang Pharmaceutical Co. Ltd. Imaginechina Limited / Alamy Stock Photo Zhong. Zhong Shanshan, the founder of the popular Chinese bottled water brand Nongfu Spring, has overtaken Alibaba ( BABA) founder Jack Ma to become. According to Bloomberg, his net worth is $93.8 Billion. In fact, you'd be hard-pressed to better Shanshan; as 2020 came to an end he was an incredible $70 billion richer, edging out Indian billionaire Mukesh Ambani to become the richest man in Asia, and the 11th richest man in the world. The 66-year-old is now Asia's second-richest person, and the 17th wealthiest person overall. Mukesh Ambani has become Asia's wealthiest person again after Zhong Shanshan's bottled-water company tanked a record 20% this week. Tuesday's stock jump pushed Zhong's net worth to $51 billion, making him the second richest person in China, after Alibaba's Jack Ma's $51.3 billion and the third richest in Asia. Bottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday. This made Shanshan the 11th-richest person on earth. Now, the main question is, who is he, and why have you never heard about this . At that level he was the sixth-richest person in the world behind only Mark Zuckerberg, Bernard Arnault, Bill Gates, Jeff Bezos and Elon Musk. Answer (1 of 5): Zhong Shanshan has become the richest man in Asia following last year's stock listing of his Nongfu Spring mineral water and a separate pharma company Wantai Biological Pharmacy Enterprise, which has demanded more Covid-19 test kits. He rocketed past Google founders Sergy Brin and Larry Page. Zhong Shanshan is a Chinese name. As per the Bloomberg Billionaires Index, Zhong's net worth has grown $70.9 billion this year to $77.8 billion. Zhong Shanshan's $89.9 billion net worth makes him the eighth richest person in the world as well as the richest person on the Asian continent. Today, the company is the largest packaged water manufacturer in China. The businessman made his fortune from vaccines and bottled water. Zhong Shanshan. Taking the number 10 spot is Mukesh Ambani, India's richest man, who also has the largest fortune in Asia, with $84.5 billion. Who is richest person in China? In September, he became China's richest person usurping Jack Ma. So much for China's campaign against plastic. The top spot on Hurun's Rich List belongs to Zhong Shanshan, founder of bottled water company Nongfu Spring, who has a net worth of $60.5 billion. At the same time, he has become richer than Mukesh Ambani of India and Jack Ma of China. Chinese billionaire Zhong Shanshan made more than $70 billion in 2020 to become the new richest person in Asia, Richard Macauley and Venus Feng reported for Bloomberg. 0%. Facebook Zhong beat people. In recent times, his name has shown up in English media because he is now believed to be the richest man in Asia, beating out Mukesh Ambani for the honor. Shanshan founded Nongfu Spring in 1996, which is now China's largest beverage company. Zhong Shanshan is a Chinese businessman. He's a bottled water magnate and vaccine investor who grew his fortune by $70 billion in 2020. Bottled water giant's founder becomes China's second richest after; China's bottled water king is now richer than; Zhong Shanshan built a fortune on China's unquenchable demand; How bottled water catapulted Zhong Shanshan to world's richest list Zhong Shanshan's wealth amounts to $77.8bn, putting him ahead of Indian business magnate Mukesh Ambani and China's Alibaba founder Jack Ma. He is the owner of Nongfu Spring Company. Bottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday, as a government campaign to rein in the super-rich took a big bite out . It also means that he can live the life of the rich and fabulous, complete with yachts, private jets . This Article is From Feb 26, 2021 Mukesh Ambani Is Richest Asian Again As China's Zhong Shanshan Loses $22 Billion Mukesh Ambani spent most of the past two years leading the ranking of Asia's. Mr Ma founded the tail / retail Internet giant Alibaba. China 's elusive billionaire Zhong Shanshan, whose fortune surged after two of his companies went public in 2020, has now become Asia 's richest person, pushing ahead of several others . Overview. At one point on Tuesday Mr Zhong's fortune surpassed the $51.3bn net worth of Pony Ma, the founder of Chinese internet group Tencent and China's second-richest man, according to Bloomberg . Shanshan founded bottled water Nongfu Spring in 1996. Zhong Shanshan Net Worth. Qilai Shen/Bloomberg, ImagineChina/Newscom, Marlene Awaad/Bloomberg From the man behind TikTok to a bottled water mogul, China's billionaires have . His fortune makes him the world's 11th richest person according to the Bloomberg Billionaires Index. Soon after, Zhong Shanahan's Position as the richest Asian man was cemented when his net worth hit a mind-blowing $94 billion. He became the sixth richest person on the planet behind personalities like Mark Zuckerberg, Bernard Arnault, Bill Gates, Jeff Bezos, and Elon Musk. The Bloomberg Billionaire Index had showed that Adani Group's net worth was $66.5 billion at the time, compared to Zhong Shanshan's $65.6 billion. Billionaire Jack Ma has been dethroned as China's richest man. Wealth: 91 billion USD; Zhong Shanshan is a Chinese billionaire and businessman, who joined the Top 10 richest people in 2022. SHANGHAI—Bottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday, as a government campaign to rein in the super-rich took a big bite out of the fortunes of perennial front-runners like Alibaba co-founder . Source: Instagram. Zhong's total has reached $ 85 billion and mad. Shanshan's net worth reached $58.7 billion on Wednesday, September 23, 2020, $2 billion more than Ma's networth. It's core business is research, manufacturing and sales of health supplements.. The magazine said Mr Zhong is worthy / worth over $58 billion. Nov 3, 2021 China's 100 Richest. That title now belongs to China's Zhong Shanshan, a vaccine magnate and the . Zhong owns 84 percent of Nongfu Spring. China's top businessman Zhong Shanshan on Thursday rose to become Asia's richest man with a worth of nearly $77.8 billion. This surge in treasure also made Zhong the 11th richest person in the world. First, he worked as a worker in a production company, then he was a reporter in a newspaper and after that, he ventured into business. Both Shan Use the Same Character. Zhong Shanshan, founder of Hangzhou-based beverage maker Nongfu Spring,. File photo. Zhong's net worth is. The Reliance Industries chairman net worth is $80 billion and the Chinese tycoon worth $76.6 billion, down more than $22 billion from a peak just last week, the Bloomberg Billionaires Index said. Zhong Shanshan, chairman of Nongfu Spring and owner of Beijing Wantai Biological Pharmacy Enterprise, currently holds the title of China's richest man. Water tycoon is China's richest as wealth crackdown batters Jack Ma. Richest Man In China Was A Carpenter Who Failed College Entrance Exam Twice Bottled-water tycoon Zhong Shanshan has become China's wealthiest person, worth $60.5 billion Photo: CNS / STR KEY POINTS. He was succeeded by Zhong Shanshan, a bottled-water and vaccine tycoon. Reliance Industries (RIL) Chairperson and Managing Director Mukesh Ambani is no longer the richest person in Asia. Zhong Shanshan's wealth increased by a total of seven billion dollars this year. China's bottled water company owner Zhong Shanshan becomes the second richest man after Mukesh Ambani in Asia. of the total wealth of the 500 richest people in the world. Zhong Shanshan. He surpassed Jack Ma last month to become the richest Chinese and overtook Mukesh Ambani and Warren Buffett to become the world's 6 th Richest Person. Zhong Shanshan, the owner of Nongfu Spring − China's largest bottled water producer − is now the nation's richest person. "Zhong Shanshan" by DHalps is licensed under CC BY-SA 4.0 The business magazine Bloomberg named Mr Zhong Shanshan as China's richest man in its latest / late Billionaires Index. Zhong is notable in that he is the only individual among China's top five richest people who does not hail from the . He is now ranked at the 14th spot on the Bloomberg Billionaires Index with a net worth of $67.6B, as of May 21, 2021. Zhong Shanshan | $75.1b | China | Diversified Group | Zhong is Chairman of Nongfu Spring, a bottled water company. Zhong Shanshan has an amazing journey to becoming a self-made millionaire which began with decades of hard labor and dedication. # 15 Zhong Shanshan $76.9B Random fact: Studied the planting of orange trees for eight years to perfect his juice. It expanded his fortune from 18.9 billion dollars to over 50 billion dollars. In fact, Zhong saw his wealth surge more than $13.5 billion to nearly $92 billion since the start of 2021. Zhong Shanshan is a private billionaire who's rarely quoted in the press. 3. Zhong Shanshan, chairman of China's bottled water company Nongfu Spring, has become the sixth richest man in the world, according to the Bloomberg Billionaires Index. He later had jobs as a construction worker, a newspaper reporter and a beverage sales agent before starting his own business. International Business News: Chinese billionaire Zhong Shanshan is now the sixth richest person in the world with a fortune of $91.7 billion, according to Bloomberg's Billionaires He is worth $60.5 billion, according to the Hurun Rich List, up seven percent. Zhong is now Asia's second-richest person, behind India's Mukesh Ambani, and is the 17th wealthiest in the world, ahead of Charles Koch and Phil Knight. จง ซานซาน (Zhong Shanshan) วัย 66 ปี มหาเศรษฐีชาวจีน กลายเป็นคนที่ร่ำรวยที่สุดในเอเชียหลังจากที่สินทรัพย์ของเขาพุ่งทะลุ มูเกช อัมบานี่ มหาเศรษฐีชาว . Zhong Shanshan's net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet.While Mukesh Ambani was at one point the world's fourth-riche.. As a result, Zhong is his family name, while Shanshan is his personal name. Called a "lone wolf" by Chinese media for his rare public appearances and aversion to interviews, Zhong has achieved one of the fastest accumulations of wealth in history . Zhong is worth $57.2bn (£44.7bn, €49bn) after a rise in his company's share price, overtaking Tencent's Pony Ma and Alibaba founder Jack Ma, who are worth $56.9bn and $50.4bn, respectively. The Hangzhou-based beverage business had revenues of 22.9 billion yuan ($3.3 . Zhong Shanshan's net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet.While Mukesh Ambani was at one point the world's fourth-richest . (With inputs from Bloomberg.) With a net worth of $58.7 billion, this Billio. This makes him $2 billion richer than the period / previous number one, Jack Ma. He is the founder and largest shareholder of Midea Group, China's biggest exporter of air. Photo: Nongfu Spring Zhong Shanshan, chairman of Nongfu Spring and owner of Beijing Wantai Biological Pharmacy Enterprise . 10. Zhong Shanshan chairs Nongfu Spring, a bottled water company, which listed its shares in Hong Kong in September 2020.; Hangzhou-born Zhong dropped out of elementary school during China's chaotic Cultural Revolution. It is Zhong Shanshan, bottled water conglomerate of China. (Image: STR/CNS/AFP) Zhong Shanshan has become Asia's richest man following the stock listings last year of his Nongfu Spring mineral water and separate pharma company Wantai Biological Pharmacy Enterprise, which has tapped into massive demand for Covid-19 test kits 1 view Gallery Globally,. Zhong Shanshan's net worth reached $58.7 billion on Wednesday, $2 billion more than Jack Ma's, according to the Bloomberg Billionaires Index. Colin Zheng-Huang, Zhong Shanshan, Jack Ma . Zhong Shanshan has . Nongfu Spring's initial public offering in September 2020 massively increased Zhong's wealth. Zhong Shanshan's net worth has surged to $85 billion and made him the seventh-richest person on the planet, Hurun Report, a China-based compiler of "rich lists", said last week. Introduction Zhong Shanshan is a Chinese businessman and entrepreneur. After working as a construction worker or journalist, he decided to found his own company. At number. The Chinese in rich list race with Adani, Ambani With a net worth of $63.6 billion, Shanshan is right after Ambani with $76.5 billion and Adani with $66.5 billion. He Xiangjian is the fifth richest Chinese man on the billionaires' list, with a net worth of $32.3 billion. Zhong Shanshan, the founder of the popular Chinese bottled water brand Nongfu Spring, has overtaken Alibaba founder Jack Ma to become the country's wealthiest person, according to the Bloomberg . Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion. If you are thinking if Zhong is another tech entrepreneur, well, he is . China's richest man, Zhong Shanshan is worth $77.5 billion, fortune earned from sale of bottled water by Olumide Adesina December 19, 2021 in Billionaire Watch Zhong Shanshan is officially the richest man in China, according to Bloomberg's Billionaires index. 1. What is Zhong Shanshan's net worth? It also makes tea and other beverages. It's core business is research, manufacturing and sales of health supplements.. Zhong Shanshan Wikipedia Sanu Lama is the richest man in China and a business tycoon. Launch from Bloomberg, Zhong's net worth jumped US $ 70.9 billion this year to US $ 77.8 billion. Zhong Shanshan, the chairman of Nongfu Spring, has survived hardships and controversies to make oceans of money out of bottled water Zhong Shanshan, China's richest man and the founder of Nongfu . Mumbai: Zhong Shanshan, chairman of Chinese bottled-water company Nongfu Spring, has become the sixth wealthiest person in the world, according to Bloomberg Billionaires Index. According to The Bloomberg Billionaires Index, Zhong's net worth has surged $70.9 billion making him the richest man in Asian above both Mukesh Ambani and . Zhong Shanshan finally managed to occupy the top seat in the list of richest people in Asia this year beating Mukesh Ambani who had been sitting for a long time. According to Bloomberg's Billionaire Index, Zhong Shanshan is the 11th richest person in the world with a net worth of 77.8 billion. His is worth $77.8bn, making him the world's 11th richest person . Now, after an improbable career spanning journalism, mushroom farming and health care, he's become Asia's richest . Zhong Shanshan is the 6th richest person in the world — currently worth more than Warren Buffett and just behind Mark Zuckerberg, who is in 5th place. Zhong Shanshan, China's richest man and the founder of Nongfu Spring. Not a bad outcome for a sixth grade drop-out/two-time. (With inputs from Bloomberg.) Zhong is now the sixth richest man in the world after surpassing the likes of Larry Page and Mukesh Ambani. According to Bloomberg assessment, Zhong, 66, a bottled water and . 2021 has so far been kind to the Chinese giant too; between 30th December and the end of the first week of . This was the first company founded by Zhong in 1993. He hit the headlines last week when he toppled Indian billionaire . The 66-year-old billionaire, who chairs both . Hong Kong (CNN Business) Meet China's new richest man. SHANGHAI Bottled water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released yesterday, as a government campaign to rein in the super-rich took a big bite out of the fortunes of perennial front runners such as Alibaba co-founder Jack Ma. The 66-year-old holds a fortune worth US$68.9 billion, according to Bloomberg's Billionaires Index, and was briefly even Asia's richest person - dethroning India's Mukesh Ambani earlier this year. Zhong Shanshan (left), and Jack Ma Yun (right). But reclusive Zhong Shanshan has become Asia's richest man following the stock listings last year of his Nongfu Spring mineral water and separate pharma company Wantai Biological Pharmacy . Zhong Shanshan has come from Hongzhou, Zhejiang Province, China. Who is Zhong Shanshan? Zhong Shanshan has dethroned Alibaba - Get Alibaba Group Holding Ltd. Report founder Jack Ma to become China's richest man. READ NEXT: Elon Musk's Six Most Expensive Things Regardless of his overall ranking, Zhong Shanshan is by far the richest person in China and the richest person on the continent of Asia. Given such a status, it means that he can afford to mingle with celebrities and statesmen alike. Zhong Shanshan Getty Images A bottled-water magnate has beaten out two tech tycoons for the title of China's richest person. Zhong's wealth skyrocketed last year when his company raised $1 billion in a Hong Kong IPO last September. Zhong Shanshan has seen his wealth surge $7bn (£5.1bn) this year, helping him leapfrog India's Mukesh Ambani and China's Jack Ma. . The Bloomberg Billionaire Index had showed that Adani Group's net worth was $66.5 billion at the time, compared to Zhong Shanshan's $65.6 billion.
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