The richest person in Asia that was previously occupied by Mukesh Ambani must be handed over to Zhong Shanshan. The wealth of the billionaire from China has jumped $70.9 billion this year to $77.8 billion. Apart from that, he is also the 11th richest person in the World. The increase in the amount of his assets is one of the fastest in history.
Zhong is noted to have several business fields, such as media, agriculture, and health. In addition, it is known that Zhong is not involved in China’s practical politics.
The Success Factors of Zhong Shanshan
The factors considered to be the key to Zhong’s success this year are Beijing Wantai Biological Pharmacy Enterprise and Nongfu Spring he leads. In April, Zhong launched his pharmaceutical company to the public. A few months later, Nongfu Spring which produces bottled water also followed.
Due to the decision, Nongfu’s shares have jumped 155% since their debut, and Wantai is up more than 2,000% after becoming one of the companies developing the COVID-19 vaccine.
On the other hand, Mukesh Ambani’s wealth has actually increased. Mukesh’s wealth has increased by US $ 18.3 billion to US $ 76.9 billion.
Meanwhile, Jack Ma, who became the richest person before Mukesh Ambani, this year is quite difficult because China’s digital business has experienced quite a number of obstacles. His fortune is now US $ 51.2 billion, down from the highest level of US $ 61.7 billion in October.
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