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According to the year-end report by business news agency Bloomberg, Chung San-san became the 11th richest man in the world, ahead of Jack Mata from China and Mukes Ambani from India. The value of his business interests increased by $ 70.9 billion to $ 77.8 billion (HUF 23 billion) this year, making him one of the fastest wealth holders in history.
The 66-year-old businessman is highly versatile, as his company empire spans a wide range of businesses, from journalism to mushroom cultivation to healthcare, but before 2020, his name was not known beyond the borders of China.
The businessman listed his vaccine manufacturing company, Beijing Wantai Biological Pharmacy Enterprise, on the Chinese stock exchange in April, and three months later listed his mineral water distributor Nongfu Spring in Hong Kong. Shares of the pharmaceutical company that makes the coronavirus vaccine have more than doubled since listing, and Nongfu Spring, one of the stars of the Hong Kong Stock Exchange, is also up 155 percent.
Chung stays away from politics and his wealth is not intertwined with that of other super rich families, which is why he is known as a lone wolf, writes the South China Morning Post.
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