Zhong Shanshan Net Worth

Zhong Shanshan Net Worth

Zhong Shanshan net worth

Current Net Worth$64.1Billion (USD – 6,410 Crores), (Rupees – 4.81 Lakhs Crores)

Zhong Shanshan short biography

Net Worth$64.1 Billion
Born1954 (Age – 66)
Identified asChinese businessman
StatusFounder & Chairperson of the Nongfu Spring
EducationPrimary School (Dropped Out)
NationalityChina
ResidenceHangzhou, China
Spousal statusMarried (Lu Xiaoping)
Children3
Zhong Shanshan short biography

Zhong Shanshan has a net worth of $64.1 Billion (Rupees – 4,81,592), making him one of the top richest men in the world among Alice Walton, Rob Walton, and Phil Knight and also the top 3 richest men in China.

He is a wealthy Chinese businessman.

He is the primary owner of the Beijing Wantai Biological Pharmacy Enterprise.

Nongfu Spring, a bottled water firm that went public in Hong Kong in September 2020, is founded and chaired by Zhong Shanshan.

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Zhong Shanshan biography

Full NameZhong Shanshan
Height5.7 feet, 173 cm
Weight71 Kg
Zhong Shanshan biography

Zhong Shanshan was born in the Chinese city of Hangzhou in 1954.

Education

During China’s tumultuous Cultural Revolution, Zhong, an Hangzhou native, dropped out of primary school.

During China’s tumultuous Cultural Revolution, he dropped out of primary school and went to work in construction.

He began studying Chinese in 1977 at what is now Zhejiang Radio & TV University.

Career

Zhong worked as a journalist for the Zhejiang Daily before going into business in 1988.

He relocated to Hainan, a Chinese island off the coast, in 1988. During his tenure on the island, he sold mushrooms, shrimp, and turtles.

He established a bottled water firm in Hangzhou in 1996, which became Nongfu Spring. Nongfu Spring ceased extracting natural minerals from its water in 1999.

Under Zhong’s guidance, the firm expanded to become China’s largest bottled water manufacturer and one of the world’s largest beverage corporations.

Nongfu Springs natural water was the most popular bottled water in the country in 2012, according to Nielsen research.

The initial public offering of Nongfu Spring in September 2020 significantly boosted Zhong’s wealth. It boosted his fortune from $18.9 billion to more than $50 billion.

Beijing Wantai Biological Pharmacy, which went public on the Shanghai Stock Exchange in April 2020, is likewise under Zhong’s management.

This was more than any other country had done in the previous year. Zhong controlled 75% of Beijing Wantai Biological Pharmacy by September 2020.

Private & early life

Zhong is married to Lu Xiaoping, with whom he has three children.

He has a low public profile, and Chinese media have dubbed him a “lone wolf.”

He bought an apartment in Hangzhou’s Xihu District, where he currently resides.

Net worth statistics

  • March 2019 – $1.8 B
  • April 2020 – $2.0 B
  • April 2021 – $68.9 B

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