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Thursday, 31 December 2020

China's Zong Shanshan, who sells bottled water, beats Mukesh Ambani to become Asia's richest man

Billionaires Index: China's Zong Shanshan, who sells bottled water, beats Mukesh Ambani to become Asia's richest man



Shanshan became the 11th richest man with a net worth of .8 77.8 billion
Mukesh Ambani became the 12th richest person in the world and the second richest person in Asia



Zhong Shanshan, who trades in bottled water in China, has become the richest man in Asia. Their networth has increased by 70 70.9 billion this year and now their total networth is 77 77.8 billion. Zong Shanshan has overtaken Reliance Industries Ltd chairman Mukesh Ambani in terms of net worth in Asia. Mukesh Ambani's total net worth now stands at .9 76.9 billion due to the continuous decline in RIL shares.

Also read 👮‍♀️પીએમ કિસાન સમ્માન નિધિ યોજનાનો 7માં હપ્તાના રૂ.2000 ખાતામાં થયા જમા જાણો લિસ્ટ

Increased wealth for these reasons
is linked to Shangshan Bottled Water Company Nongfu Spring and Corona Vaccine Beijing Ventai Biological Enterprise. Both of his companies have become very popular in China and Hong Kong due to the corona vaccine. Ventai's stock has risen more than 2,000 percent since the vaccine was introduced, while Nongfu's stock has risen more than 155 percent due to increased demand during the lockdown. Shanshan has also surpassed Jack Ma, China's richest man, in terms of making more money. Shanshan has also ventured into careers such as journalism, mushroom farming and healthcare.


Zhong Shanshan, 66, is known as Lone Wolf in China. Before starting his own business, Zong also worked as a construction worker, journalist, health sector and water sales agent. Zhong was born in Hangzhou, China, and dropped out of elementary school during the chaos of the Great Polytechnic Cultural Revolution. Zong founded his own beverage company, Nongfu Spring, in September 1996. The company launched its first packaged drinking water in 1997. Nongfu Spring's revenue in 2019 was 3.4 billion, up 20.47 percent from the previous year. The company raised 1 1 billion through an IPO.

Nongfu Spring, a company owned by Zhong Shanshan, launched the first packaged drinking water in 1997.




China, Asia's top 4 -5 elite
four of Asia's top -5 amiromanthi coupled with China. Zhang Shanshan is number one and Mukesh Ambani is number two. Number three is Colin Huang. His networth is .1 63.1 billion. Huang is the founder and CEO of e-commerce company Pinduoduo. Tencent's founder and chairman is fourth in pony with a net worth of 56 56 billion. Tencent is the parent company of WeChat, a popular social media platform in China. Jack Ma, chairman and founder of Alibaba, is the fifth richest man in Asia. Their total networth is .2 51.2 billion.

Also read ધોરણ 10 પાસ ઉપર પોસ્ટ માં સરકારી નોકરી

Mukesh Ambani has become the fourth richest man in the world. Mukesh Ambani
has raised about Rs 1.9 lakh crore this year from the sale of stake in Reliance Jio and Reliance Retail Ventures. As a result, Ambani has reached the fourth position in the list of the richest people in the world.

However, shares of Reliance Industries have been declining for a long time. This is affecting Mukesh Ambani's net worth. Now with a net worth of 76 76.9 billion, Mukesh Ambani is ranked 12th in the list of richest people in the world. Zhong Shanshan is the 11th richest person in the world.

Also read 🎉હેપી ન્યૂ યર 2021 ની શુભેચ્છા પાઠવો તમારા મિત્રો સાથે

Shares
of Reliance Industries rise by 57.87 per cent in 1 year Shares of Reliance Industries, led by Mukesh Ambani , have risen by 57.87 per cent in 1 year on the BSE. Shares of RIL closed at Rs 1,500.47 per unit on December 31, 2019. It reached a high of Rs 2368.80 per unit on December 16 this year. However, today as of 31st December 2020, it is trading at Rs. 2000.45 per unit. Shares of RIL are trading down 15 percent today compared to the highest level.




The 10 richest people in the world

RankNameNetworth #
1Jeff Bezos192
2Alan Musk167
3Bill Gates131
4Bernard Anault115
5Mark Zuckerberg103
6Warren Buffett87.0
7Larry Page81.9
8Steve Bilmer80.2
9Sergey Brin79.3
10Larry Allison79.2

- Networth is in the billions of dollars.
Source: Bloomberg Billionaire Index.

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