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 now and receive FREE sooka plan for 1 month.
T&C applies.

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

The marble 'living Buddhas' trapped by Myanmar's civil war
China says Indonesian President Prabowo to visit this week
Thai couple’s online engagement captivates netizens
CIIE unlocks China's growth opportunities for world
N. Korea fires salvo of short-range ballistic missiles ahead of US election
Money launderer Su Baolin’s former Sentosa Cove plot sold for S$22mil
Over 15% of Malaysian diaspora live in four countries, says HR Ministry
Ringgit opens higher as US$ weakens post-NFP data
More than 2,000 M'sians came home under Returning Expert Programme, says HR Ministry
Bursa Malaysia drifts sideways as investors await start of US election

Others Also Read