The net worth of Zhong Shanshan continues to grow ever so quickly. After dethroning Mukesh Ambani from the title of Asia’s richest man, Shanshan has now overtaken Warren Buffet to reach the 6th position in the list of world’s richest individuals. The net worth of the Chiniese billionaire currently stands at $91.7 billion and he is not much far from entering the elite club of $100 billion.
The chairman of bottled water company Nongfu Spring, Zhong Shanshan was born in the city of Hangzhou in China. The Beijing Wantai Biological Pharmacy Enterprise is also chaired by Mr Shanshan, which specializes in manufacturing hepatitis test-kits and vaccine. In the year 2019, the company earned a revenue of 1.2 billion yuan. However, Zhong Shanshan’s net worth rocketed only after the IPO listings of both these companies.
Since making its debut in the Hong Kong Stock Exchange in April 2020, the vaccine company’s shaves have increased 2,500 percent. On the other hand, the share value of the bottled water company rose by 155 percent since getting listed in September 2020.
The journey of Zhong Shanshan is that of a rags to riches story. From dropping out of elementary school to working as a construction worker to getting ahead of Warren Buffett in the list of Bloomberg Billionaires Index! Another interesting fact is that the Chinese billionaire is known as the Lone Wolf because he keeps himself away from any type of social circles.