Image Source : GOOGLE Zhong Shanshan, proprietor of largest Chinese beverage firm, replaces Mukesh Ambani as Asia’s richest particular person
Chinese billionaire businessman Zhong Shanshan has changed India’s Mukesh Ambani to turn out to be Asia’s richest particular person. He has additionally eclipsed Chinese tech giants together with Jack Ma within the listing.
The web value of Zhong, 66, surged USD 70.9 billion in 2020 to USD 77.8 billion, in keeping with Bloomberg Billionaires Index. He is now the eleventh richest particular person on the earth.
Zhong based Nongfu Spring, the biggest beverage firm in China. He can be the proprietor of Wantai — one of many main Chinese pharma firm.
Nongfu Spring, the maker of bottled water, turned out to be one among Hong Kong’s finest listings and its shares have jumped 155 per cent since their debut, and the shares of the vaccine firm have elevated over 2,000 per cent. The inventory market blockbuster of Nongfu’s itemizing strengthened his place. His vaccine making agency can be concerned in growing Covid-19 vaccines.
Mukesh Ambani, the proprietor of Reliance Industries, has a web value of USD 76.9 billion. Globally, he’s the twelfth richest on the earth now. His web value has grown by USD 18.3 billion.
Latest Business News