Economy

The life of Zhong Shanshan, the richest person in Asia

Chinese billionaire Zhong Shanshan

picture alliance / dpa / HPIC / Jiang Xin

It was a good year for Chinese entrepreneur Zhong Shanshan. As early as last January, his fortune was worth around seven billion dollars. In the course of 2020, the Chinese businessman’s wealth grew by tens of billions. Within a few months he became one of the richest people in the world.

Back in September, Zhong hit the headlines when he overtook Alibaba founder Jack Ma, the wealthiest person in China to date. By the end of December, however, the 66-year-old’s fortune had grown by a further $ 17 billion, making him the richest person in Asia. Zhong’s net worth peaked at $ 95 billion in early January and is currently around $ 91 billion, according to the Bloomberg Billionaires Index. He even ranks just ahead of Warren Buffett.

Zhong began his career as a construction worker before working as a newspaper reporter in the 1980s. Today he is chairman of two companies: bottled water maker Nongfu Spring and vaccine maker Beijing Wantai Biological Pharmacy Enterprise. The billionaire Zhong is considered a “lone wolf”. Very little is known about his private life either; there are no reports of wasteful spending habits. In the picture gallery you can find out what is known about Zhong Shanshan and his lifestyle.

Insights into the life of the new richest person in Asia

This article was translated from English by Steffen Bosse. You can find the original here.

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