Zhong Shanshan becomes the richest person in China crossing Jack Ma | Big Umbrella
Zhong Shanshan of China crossed Alibaba founder Jack Ma with $2 billion according to the Bloomberg Billionaires Index. His company, Nongfu Spring Corporation Limited, founded in 1996, has hit $58.7 billion after a huge listing by the bottled water company in the market of Hong Kong.
Everyone calls him ‘Lone Wolf’. That is meant a wolf staying alone. Zhong Shanshan was once a construction worker. The Chinese media referred to him as a ‘lone wolf’ for his rare public appearances and his unwillingness to give interview in the media. He is now 66-year-old. He worked as a media person in ‘Zhejian’ in the past.
He is also the investor in vaccines. He is the Chairman of Beijing Wantai Biological Pharmacy Enterprise Co Ltd. The company is currently developing a COVID-19 nasal spray vaccine in collaboration with a reputed university. His company has been listed on the mainland in April this year.
He became the richest man in China just by selling bottled water and vaccines. The net worth of his asset is $58.7 billion. That is about Rs 45,000 crore in Indian currency. Jack Ma, who was previously the richest man in China, has a net worth of $200 billion, or Rs 15,000 crore in Indian currency. This information has been disclosed in the Bloomberg Billionaire Index.
Like to read more, click on originally published at https://www.bigumbrella.co.in on September 26, 2020.
