But reclusive Zhong Shanshan has become Asia's richest man following the stock listings last year of his Nongfu Spring mineral water and separate pharma company Wantai Biological Pharmacy Enterprise, which has tapped into massive demand for Covid-19 test kits.
Zhong's net worth has surged to $85 billion and made him the seventh-richest person on the planet, Hurun Report, a China-based compiler of ''rich lists'', said last week.
Called a ''lone wolf'' by Chinese media for his rare public appearances and aversion to interviews, Zhong has achieved one of the fastest accumulations of wealth in history, according to Bloomberg.
He became the first Chinese entrepreneur to enter Hurun's top-ten global rich list this year, leaping out of nowhere to put him hot on the heels of Facebook's Mark Zuckerberg and American investor Warren Buffett.
This story is from the March 11, 2021 edition of Manila Bulletin.
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This story is from the March 11, 2021 edition of Manila Bulletin.
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