Jack Ma dethroned as China's richest - 'Lone Wolf' Zhong Shanshan moves up


Nongfu Spring founder Zhong Shanshan's (right) net worth reached US$58.7 billion on Sept 23, US$2 billion more than Jack Ma's. - Reuters

BEIJING (Bloomberg): A bottled-water and vaccine tycoon has become China's wealthiest person in a day also marked by massive losses among the world's tech elite.

Zhong Shanshan's net worth reached US$58.7 billion on Wednesday (Sept 23), US$2 billion more than Jack Ma's, according to the Bloomberg Billionaires Index.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Jack Ma , Zhong Shanshan , China , richest

   

Next In Aseanplus News

Asean News Headlines at 10pm on Wednesday (Jan 8, 2025)
Former TVB actress May Chan loses 71kg in a year
MACC arrests another 13 vehicle inspection officers
Victim was shot four times, say Johor cops
Singaporean triggered FBI probe with fake boat repair firm that was used to launder US$580,000
Pakistan sisters set father on fire after rape: police
Philippines arrests 400 foreigners in scam centre raid
Fuel prices Jan 9-15: RON97 and diesel up 5sen, RON95 unchanged
Strong ties, cooperation in many areas as Singapore and Malaysia mark 60 years of diplomatic links
Woman jailed in Singapore after bank account linked to her received nearly S$4.8mil in scam proceeds

Others Also Read