Reuters Aly Song
Chinese billionaire Zhong Shanshan, 65, has become the richest person in China and Asia for 2020, after successfully investing in bottled water and vaccines.
The “Bloomberg” index of billionaires revealed that Shanshan’s fortune increased from $ 70.9 billion to $ 77.8 billion during 2020, which pushed him to the eleventh place on the list of the richest in the world and the first Asian, surpassing the Indian billionaire Mukesh Ambani.
Chung launched the “Beijing Wentai” biopharmaceutical company specialized in making vaccines in April, and its shares rose by more than 2000%, as it worked to develop a vaccine for the “Corona” virus.
The “Nongfu Spring” company for the manufacture of carbonated water, which is also him, has become one of the most well-known companies in Hong Kong, after its shares jumped by 155% since its inception.
The Chinese refer to Chung as “the lone wolf”, due to his distancing from political action and his lack of association with famous wealthy families such as China’s real estate tycoons.