Chairman of Zhongshan Mountain, Nongfushan Quan, who is the highest in Asia
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[아시아경제 최은영 기자] Zhong Shanshan, 65, the founder of China’s bottled water company Nongfushanquan, has risen to the top of Asia.
According to the Bloomberg Billionaire Index on the 31st (local time), Zhongshan’s wealth has increased significantly from $70.9 billion (about 77,139.2 billion won) to $78 billion (84.84 trillion won) this year. This is the number one property in Asia and 11th in the world.
Bloomberg said, “It is unusual for Zhongshan Mountain to increase its wealth this year when it listed Nongfushanquan and the vaccine manufacturer Wantai Bio.”
After listing, the share price of Nongfushanquan rose 155%, and the share price of Wantaibao rose about 20 times.
However, since Zhongshan is seldom engaged in foreign activities, it is also referred to as a’mystery sign’ in China. Bloomberg rated him as “one of the fastest accumulating wealth in history, but little known in the media.” He was nicknamed’lone wolf’ because he was not involved in the political situation in China and did not have business relations with other seniors.
Zhongshan Mountain founded Nongfushanquan, a bottled water company, in Hangzhou, Zhejiang Province in 1996. The mineral water of Nongfushanquan uses water from the national protected water source of Cheandaohu, Hangzhou, Zhejiang Province, which is famous for its clean water in China.
Meanwhile, the fortune of Indian conglomerate Mukesh Ambani, who gave Zhong Shan Shan the No. 1 position in Asia, is estimated to have reached 76.9 billion dollars, an increase of 18.3 billion dollars this year.
One of China’s leading entrepreneurs, Alibaba founder Chairman Ma Yun’s fortune has plummeted from $61.7 billion in October to $51.2 billion today.
It seems that the reason why Ma has been rushing into a difficult situation is due to the recent pressure from the Chinese authorities on Alibaba.
On October 24, Ma Yun served as a speaker at the Shanghai Bund Financial Summit attended by Vice President Wang Qi-Shan and President of People’s Bank Lee Kang, and pointed out the problem of China’s financial system as’lack of function’.
He also publicly criticized the Chinese government’s fintech regulation, saying, “Just as you can’t manage an airport by managing a train station, you can’t manage the future in the past.”
Since then, the government’s pressure is increasing, as the listing of Ant Group, a fintech subsidiary of Alibaba Group, has been delayed indefinitely.
Intern reporter Choi Eun-young [email protected]