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Zhong Shanshan
  • Net Worth : $62 Billion
    0.00%
    Real Time Net Worth as of 2024/07/13
  • Wealth Source : Beverages, pharmaceuticals
  • Industry : Food & Beverage
  • Date of Birth : 1954/11/30
  • Age : 69
  • Gender : Male
  • Citizenship : China

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Zhong Shanshan
  • Net Worth : $62 Billion
    0.00%
  • Wealth Source : Beverages, pharmaceuticals
  • Industry : Food & Beverage
  • Date of Birth : 1954/11/30
  • Age : 69
  • Gender : Male
  • Citizenship : China

Zhong Shanshan Net Worth 2024

Year Net Worth

From working as a construction worker to owning a billion-dollar business, Zhong Shanshan’s net worth is interesting. This man is a self-made billionaire and the wealthiest man in China.

The Chinese entrepreneur founded Nongfu Spring, a beverage company worth over $62.9 billion.

Zhong Shanshan’s net worth is $61.7 billion, making him the wealthiest man in China and the 15th in the world.

He made money from manufacturing bottled water in his company, Nongfu Spring. He also owns shares in Beijing Wantai Biological Pharmacy Enterprise, a vaccine company worth over $8 billion.

Let’s look at how Zhong Shanasha made so much money after dropping out of college.

Who is Zhong Shanshan?

Zhong Shanshan was born in December 1954 in Hangzhou, eastern China. He quit primary school at the time of the Chinese Revolution. While trying to get back into college, Zhong failed his college entrance exams twice but finally got admitted to a national university.

Zhong Shanshan became a journalist and reporter before quitting in 1988 to begin his entrepreneurial career. In March 1993, he first established a health product brand called Yangshengtang.

Zhong ventured into the bottled water business in 1996, founding Nongfu Spring in an island province called Hainan in southern China.

The entrepreneur also diversified his business ventures by acquiring a majority stake in a medical product company called Beijing Wantai Biological Pharmaceutical Enterprise Co.

Fast forward to 2020. His company, Nongfu, was listed on the Hong Kong Stock Exchange. Wantai BioPharm also started trading publicly on the Shanghai exchange that same year.

zhong shanshan net worth - comparewise

What is Zhong Shanshan’s net worth?

Learning about Zhong Shanshan’s net worth can be a great motivation and inspiration for young entrepreneurs. It proves you can work to the top through profitable business ventures. You can calculate his net worth using our free net worth calculator.

To calculate net worth, add up all of Zhong’s assets to get an estimated value, then do the same for his liabilities. Once you get that information, you want to subtract the liability from his total asset value. The result would be his estimated net worth.

According to Forbes, however, Zhong Shanshan’s net worth is estimated at $61.7 billion, putting him in the 15th spot on the world’s billionaire list. The sources of his wealth include:

  • Nongfu Spring Beverage Company
  • Beijing Wantai Biological Pharmaceutical Enterprise Co
  • Properties and other assets

Conclusion

With a $61.7 billion net worth, Zhong is undoubtedly the wealthiest entrepreneur in China. Although Zhong left the Wantai board in January 2021, he had already made a fortune out of the company. At last, it is safe to say Zhong Shanshan is the true definition of a self-made billionaire.

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FAQs about Zhong Shanshan's Net Worth

How old is Zhong Shanshan?

Zhong Shanshan is 68 years old as of 2023.

Is Zhong Shanshan married?

Zhong has a wife named Lu Xiaoping, and together they have three children.

How much is Nongfu Spring worth?

Zhong’s company, Nongfu Spring, is worth over $62.9 billion in market capitalization.

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January 4, 2024
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