Bottled Water Tycoon Tops Hurun China Rich List as Jack Ma Drops Out of Top Three yicaiglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yicaiglobal.com Daily Mail and Mail on Sunday newspapers.
Zhong Shanshan, the founder of Nongfu Spring, tops the Hurun China Rich List, as mainland property tycoons drop out of the top 10 altogether for the first time amid Beijing’s crackdown on the sector.
Bottled water, vaccine development, short video platform TikTok and electric vehicle technology propelled the big earners on China's rich list this year, as embattled property moguls and others facing regulatory scrutiny slipped down the rankings.