Reclusive Chinese water tycoon is now Asia's richest person


Zhong Shanshan's net worth has surged to US$85 billion and made him the seventh-richest person on the planet. - AFP

BEIJING (AFP) :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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , Zhong Shanshan , richest , Asia

   

Next In AseanPlus

Thai woman sentenced to death for cyanide poisoning in first of 14 murder trials
Kenneth Ma and Moses Chan secure "No.1 brother" status in TVB anniversary group photo
Brunei signs landmark agreement to export processed beef products to Singapore
Nearly 40% of 3.4 million displaced in Myanmar are children: UN
Thai vets consider trimming tusks of elephant brought back from Sri Lanka to improve mobility
‘Justice Bao’ warns against falling for scams in Singapore Chinese opera videos with social messages
Four explosions rock Narathiwat’s Muang district, no injuries reported
Former Miss Hong Kong Louisa Mak announces pregnancy months after honeymoon
Trial that lets pilots at SIA, three other airlines fly more direct routes extended till April 2025
Online gambling ensnares 960,000 Indonesian students

Others Also Read