Hurun Report has released the list of the richest people in the world. In this regard, the list of the richest people of China has been released on 29 October. The report once again caught everyone’s attention. Zhong Shanshan, founder of Nongfu Spring Company, has received the title of being China’s richest person for the fourth consecutive year.
The story of Zhong Shanshan seems no less than a film, in which the actor rises from poverty to reach the pinnacle of success. Zhong Shanshan was born in 1954 in Hangzhou. At that time China was going through political and economic turmoil. At that time, China was in the phase of a campaign called Great Leap Forward, the objective of which was to rapidly make the country an industrial power. Due to poverty, Zhong had to leave studies at an early age. He worked as a laborer in difficult times.
Second start of education and step into journalism
Zhong took the college entrance examination in the 70s. Failed the first time. He did not give up. Zhong later enrolled at Zhejiang Open University, where he got the opportunity to work while studying. In 1984, he became a reporter for Zhejiang Daily newspaper. He met many successful businessmen, inspired by whom he decided that one day he too would set up his own business. From here the real direction of his life started being decided.
First failures and beginning of entrepreneurship
In 1988, Zhong moved to Hainan Island. He started the business of mushroom, prawn and turtle farming there, but this experiment was unsuccessful. He later worked as a salesman in a beverage company named Wahaha and also spent some time in selling health supplements. These failures did not break him, but made him stronger. He learned from experience what people needed in the market.
Nongfu Spring, which changed the fate
Zhong Shanshan founded his company Nongfu Spring in 1996. At that time, distilled water was prevalent in China. Zhong chose a new path. They launched water with natural minerals in the market. This move was bold and unique at that time, which made the company popular overnight. Today Nongfu Spring is China’s largest bottled water producer. It is counted among the leading beverage companies of the world. From 2012 to 2020, it maintained the top position in China’s packaged drinks sector.
According to Forbes, his wealth is worth $76 billion.
According to Forbes report, Zhong Shanshan’s net worth is estimated at $76.2 billion. Apart from Nongfu Spring, he has also been the owner of pharmaceutical company Wantai Pharmacy Enterprise, which he left in 2021 due to personal reasons. The wealth of India’s Mukesh Ambani and Gautam Adani is 110 billion USD and 71.4 billion USD respectively.
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