"Nongfu Spring Co. -- China's bottled water king, owned by the country's richest man, Zhong Shanshan -- is promoting its vitamin drinks and soda."
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"At that level, Zhang, who owns about a quarter of ByteDance, could be worth more than $60 billion, placing him alongside Tencent Holdings Ltd.'s Pony Ma, bottled-water king Zhong Shanshan and members of the Walton and Koch families in the U.S., according to the Bloomberg Billionaires Index."
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"He is now China's third-richest person after Zhong Shanshan of bottled-water company Nongfu Spring Co. and Tencent Holdings Ltd.'s Pony Ma."
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"Bottled-water tycoon Zhong Shanshan took the top spot with an estimated net worth of 550 billion yuan, or about $85 billion. "
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"The enthusiasm last year boosted the fortunes of top executives including those at Nongfu Spring Co.'s Zhong Shanshan -- now Asia's richest person -- and Blue Moon Group Holdings Ltd.'s Pan Dong."
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"Zhong Shanshan of bottled-water maker Nongfu Spring Co., who became Asia's richest person at the end of 2020 and started the year by taking Warren Buffett's spot as the world's sixth wealthiest, has added $16.2 billion in 2021. "
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"China's Zhong Shanshan has vaulted past Warren Buffett to claim the sixth slot after shares of his bottled-water company surged, adding $15.2 billion to his fortune."
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"Chinese bottled water billionaire and vaccine investor Zhong Shanshan has surpassed the Indian businessman to become the continent's wealthiest man, Bloomberg reported."
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"Amazon.com Inc.'s Jeff Bezos lost $7.9 billion Tuesday, while Zhong Shanshan added more than $30 billion to his fortune -- making him the third-richest person in China -- after shares of the bottled-water company he founded surged following an initial public offering."
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