The Chinese tycoon surpassed India’s wealthy by selling water



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Chinese billionaire Zhang Shanshan surpassed Mukesh Ambani, president of Reliance Industries of India, to become the richest man in Asia by selling the Opani vaccine. Zhang Shanshan is the founder of Nongfu Spring, a vaccine magnet and the largest bottled water company in China.

According to the Bloomberg Billionaires Index, Zhang’s total wealth has risen from 60.9 billion to ৮ 6.7 billion this year. He is the eleventh richest person in the world.

Zhang Shanshan, known as ‘Lone Wolf’, worked as a construction worker, newspaper reporter, pharmaceutical company and agent for a beverage company before starting his own business.

Last April, his vaccine company, Beijing Wantai Biological, was listed on the Chinese stock exchange.

Three months later, he did the same with his bottled water company, Nongfu Spring. This is what was listed on the Hong Kong Stock Exchange. Since then, Nongfu has become Hong Kong’s most volatile stock. The stock is up 155 percent since listing.

On the other hand, Beijing Wantai Biological Company shares are up more than two thousand percent. Zhang’s company is one of the companies developing a vaccine for the Kovid-19 virus.

Such an increase in shares has led Zhang to the top position in Asia.

According to a Bloomberg report, this is one of the fastest growing wealth events in history. Despite the collapse of the world economy at this time of the Crown epidemic, the fortunes of many wealthy people seem to be happier than ever. Even in Corona, the wealth of the rich has increased rather than decreased.



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