#Asia's new richest person is a #Chinese vaccine investor who made $70 billion in 2020, surpassing Indian billionaire #MukeshAmbani

#ZhongShanshan

https://www.businessinsider.in/retail/news/asias-new-richest-person-is-a-chinese-vaccine-investor-who-made-70-billion-in-2020-surpassing-indian-billionaire-mukesh-ambani/articleshow/80041769.cms

Chinese billionaire #ZhongShanshan made more than $70 billion in 2020 to become the new richest person in #Asia, Richard Macauley and Venus Feng reported for Bloomberg.

#MukeshAmbani

Shanshan's net worth is estimated at $77.8 billion, making him the 11th-richest person in the world right behind Oracle cofounder #LarryEllison.

#ZhongShanshan #MukeshAmbani

The 66-year-old billionaire has dethroned Indian businessman #MukeshAmbani, who's worth $76.9 billion, as #Asia's richest man.

#ZhongShanshan

#ZhongShanshan is the chairman of both bottled water company Nongfu Spring and vaccine maker Beijing Wantai Biological Pharmacy Enterprise.

Together, the two companies reported more than $3.6 billion in revenue in 2019.

The 66-year-old billionaire is known as the "Lone Wolf" because he's not involved in politics or business groups, per Bloomberg. He rarely makes public appearances or speaks to the media, according to Chinese publication The Paper.

#ZhongShanshan

"I am a solitary person, and I don't care what my colleagues are doing or thinking," Shanshan once said, according to the Paper.

#ZhongShanshan

#MukeshAmbani's two-year reign as #Asia's richest person has come to an end.

Chinese bottled water billionaire and vaccine investor #ZhongShanshan has surpassed the Indian businessman to become the continent's wealthiest man, Bloomberg reported.