Even for China’s richest man, it was a bold investment. Last month, beverage magnate Zhong Shanshan raised eyebrows when he announced plans to spend 40 billion yuan (US$5.5 billion) over the ...

Born in poverty in Hangzhou, China, Zhong Shanshan faced numerous hardships, including dropping out of school during the Cultural Revolution and working various manual jobs. With a strong desire for ...

Zhong Shanshan, chairman of Nongfu Spring and China’s “bottled water king,” has an axe to grind with two of the country’s biggest tech companies. Zhong slammed Pinduoduo, a Chinese e ...

Zhong Shanshan, founder of NONGFU SPRING (09633.HK), remarked that the low prices on the internet are destroying China's quality and economy as price is the life of a product rather than a mere ...

Zhong Shanshan, China's richest man and the founder and chairman of NONGFU SPRING (09633.HK), posted on his WeChat Moments, blasting the four major e-commerce platforms for causing a large number ...

Zhong Shanshan made his fortune in bottled water, but his early years were marked by struggle. He dropped out of primary school during China’s Cultural Revolution, which aimed to purge ...

The richest person in Asia in 2025, according to Forbes, will be Mukesh Ambani, with a fortune of nearly US$95 billion, followed by Gautami Adani and Zhong Shanshan in second and third place, ...

Nongfu Spring founder Zhong Shanshan's net worth has hit US$58.7 billion after a massive listing by the bottled water company in Hong Kong earlier this month. This makes him US$2 billion richer ...

Nongfu Spring's founder, Zhong Shanshan, revealed his intention to donate 4 billion yuan over the next decade to establish Qiantang University, which is currently under construction in Hangzhou.