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Chinese water tycoon Zhong Shanshan is Asia's richest man


Chinese water tycoon Zhong Shanshan is Asia s richest man
AFP/Beijing
AFP
Zhong s net worth has surged to $85 billion and made him the seventh-richest person on the planet.
Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China s seemingly unquenchable demand for his ubiquitous red-capped bottled water.
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 Enterprise, which has tapped into massive demand for Covid-19 test kits.
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. ....

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