Zhong Shanshan, a Chinese billionaire has become Aisa's richest person leaving behind India's Mukesh Ambani and a group of Chinese tech titans that include Jack Ma.
According to the Bloomberg Billionaires Index, Zhong's net worth has increased from $70.9 billion to $77.8 billion this year. This is being considered as one of the fastest accumulations of wealth in history and it is also remarkable that he was little known outside China until this year.
Locally known as "Lone Wolf", 66-year-old Zhong isn't involved in politics and his business interests aren't in sync with other businesspersons or rich families.
He credits two unrelated fields for his success. He took vaccine maker Beijing Wantai Biological Pharmacy Enterprise Co. public in April, then months later Nongfu Spring Co., a maker of bottled water, became one of Hong Kong's hottest listings. Nongfu shares surged by 155% since debut and Wantai's raised more than 2,000%.
India's richest person Mukesh Ambani also had a great year. His striking deals to transform Reliance Industries Ltd. into a technology and e-commerce titan and then his wealth surged from $18.3 billion to $76.9 billion.
Jack Ma's wealth now counts $51.2 billion which lesser than earlier which was $61.7. He was the Aisa's richest person before Ambani took over the spot this year.
