Zhong Shanshan's net worth has surged to US$85 billion and made him the seventh-richest person on the planet. - EN.NONGFUSPRING.COM
SHANGHAI (AFP): Bottled-water tycoon Zhong Shanshan has become China's wealthiest person, according to an annual ranking released Wednesday (Oct 27), 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 Jack Ma.
Zhong, in his late 60s, has seen his fortune swell 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.
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