Udayavni Special

Who is Zhong Shanshan, Asia’s second richest man?


Team Udayavani, Sep 26, 2020, 12:05 PM IST

Zhong Shanshan, who became Asia’s second-richest man behind Mukesh Ambani, founded China’s largest bottled water company Nongfu Spring. He also controls vaccine maker Beijing Wantai Biological Pharmacy

The net worth of Zhong Shanshan reached $58.7 billion on Wednesday, $2 billion more than Jack Ma

Nicknamed the ‘Lone Wolf’, the 66-year-old worked as a construction worker and newspaper reporter before starting his own business. After quitting journalism, he started several business projects in the 1990s.

He sold pills used to treat erectile dysfunction that were derived from turtle parts, which eventually came under regulatory scrutiny. Later, in 2000, he shifted to selling bottled-water. He has kept a low profile and made few public appearances.

Wang’s biggest asset is Wanda Commercial Management Group and his businesses include property development, cinemas and retail.

Zhong is now Asia’s second richest person, behind India’s Mukesh Ambani and 17th richest in the world.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Cong accuses RR Nagar BJP candidate Muniratna of bribing voters

K’taka COVID-19 update: 3130 new cases, 8715 discharges, 42 deaths on Oct 25

Modi didn’t accept even tea during 9-hour questioning by Gujarat riots SIT: Raghavan

Curtains come down on Mysuru Dasara celebrations without crowds

India ranks 6th most positive about teachers in 35-country survey

In fresh war of words, Kangana calls Uddhav Thackeray ‘worst product of nepotism’

LIVE: Mysuru Dussehra’s Jumbo Savari begins



Related Articles More

What is Listeria outbreak linked to Deli meats in US?

Can mouthwashes, nasal rinses provide protection against Covid-19?

What is Yellow Dust, that North Korea has warned could be carrying Covid-19?

Nada Habba: Here is all you need to know about Dasara Elephants

Why Polish women are protesting against new abortion laws?

MUST WATCH

Mysore Dasara 2020: A Simplified Historical Jambusawari

Dasara 2020: Covid Anxiety Disrupts Mysore

Viral Video: Man Seen Swimming through flooded streets

Fate of helpless funfair workers stranded in Mangalore

Story behind Vijayadashami celebration | Udayavani

Latest Additions

SC to deliver verdict on Oct 27 on pleas seeking court-monitored Hathras probe

Japan rejects nuclear weapons ban treaty

Kerala Gold Smuggling Case: Wanted Man Arrested in Kochi Upon Arrival from UAE

Cong accuses RR Nagar BJP candidate Muniratna of bribing voters

K’taka COVID-19 update: 3130 new cases, 8715 discharges, 42 deaths on Oct 25

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.