March 02, 2021
Zhong Shanshan, the 65-year-old founder and controlling shareholder of Nongfu Spring, is Asia’s wealthiest person, according to Hurun Report.
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One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to have expanded last year, according to a list by Hurun Report.
China surpassed the United States last year to become the first country with more than 1,000 dollar-denominated tycoons, with 1,058 billionaires last year compared with 696 in the US, according to the latest Hurun Global Rich List 2021. Of the 610 newly minted tycoons globally, 318 were in China, compared with 95 in the US based on Jan 15 valuations, Hurun said.