Zhong Shanshan: Asia's new richest person

3 years ago

Zhong Shanshan: Asia's new richest person

Asia has got new richest person Zhong Shanshan aka "lone wolf" after pandemic with his vaccine-making firm and bottled water company Zhong’s wealth rose $7billion this year replacing India's Mukesh Ambani and China's Jack Ma Alba.

Zhong Shanshan has become 11th richest person according to the Bloomberg Billionaires Index. He is worth $77.8 billion. 

Zhong's has helped flourished journalism, mushroom farming and healthcare.

At first Zhong took vaccine maker Beijing Wantai Biological public in April and listed its shares to Chinese stock market then after three months later he listed shares of Nongfu Spring, a bottled water company, in Hong Kong.

Since then, Nongfu Spring has become one of Hong Kong's hottest listings and its shares have jumped 155% since it’s opening.

Beijing Wantai Biological's shares are up more than 2,000% and is among those developing a Covid-19 vaccine.

This has made Mr Zhong one of the richest man in Asia and is one of the fastest accumulations of wealth in history, according to Bloomberg.