China has a new richest man: Zhong Shanshan overtakes Jack Ma

China has a new richest man: Zhong Shanshan overtakes Jack Ma

Of Zhong Shanshan, the Chinese from the popular and the founder of the brand of bottled water has to overcome my Nongfa Spring Alibaba (BABA) Jack Ma country’s founder will become polluted money for the man, according to the Bloomberg Billionaires index.
China’s Zhong was the third richest person at his company went public a month after the blockbuster listing in Hong Kong. Mercury, which reached $ 58.7 billion in net worth, exceeding $ 56.7 billion in 1000, according to Bloomberg calculations.
Zhong is also a new state puts him ahead of Carl pony, who founded Tencent (TCEHY). This does not apply, Jack Ma and Pony Ma, Zhong-tech, not an entrepreneur. The subject of Nongfa Spring outside its maker is the head of the vaccine, Beijing Wantaim Biological restructuring. The crowd at the Shanghai public in a year which also helped boost the wealth Zhong.

“You are typically expected to be the number one in China, and from [technology]”Robert Hoogewerf, chairman of the wealth research firm Hurun Report.

Note that there is more low-profile compared to other Zhong reclusive top business leaders, who earned the nickname the “lonely wolf”.

“Note that it’s not many friends entrepreneur,” said Hoogewerf, a longtime watch, which is based in Shanghai, China. “He just gets kind in their business.”

However, even prior to the latest victory, Zhong’s track record is impressive.

“Zhong Shanshan is one of the few people in China to build $ 10 billion business and not just one, but two $ 10 billion,” he Hoogewerf. “It’s quite remarkable.”

A new form of the breed of billionaires

Of the creation of wealth in China, the rapid him from the peace of Zhong He also went up sapien.

Earlier this year, China is already home to the world’s most billionaires, and India, which combined with the United States, according to a global list rich in natural digestas part Hurun Report.
According to Bloomberg calculations, Zhong’s $ 20 billion net worth of the last month – tripled his fortune in the plan is just a matter of weeks.

The boom expected to continue.

In recent months, a parade of initial public offerings has unfolded over the world, especially in China.

Hong Kong is the world’s most popular venue for the stock market this year, according to listings, after the tech-heavy Nasdaq has only New York, according to Refinitiv data provider.

Shanghai’s Star Market, the Nasdaq tech-style board launched next year, was also recently seen a huge swell in activity. IPOs and secondary listings raised a combined $ 21.6 billion for this year, according to Refinitiv.
And it is widely believed that even before the mega-IPO V. Group, Alibaba’s financial services arm, which he expected to be one of the biggest in the history listings. Ant is preparing to hit the markets in Shanghai and Hong Kong this year, which have not changed in more than $ 30 billion.

Jack Ma easily fall title of country’s richest weak.

Group # 39 & ant, Chinese's biggest IPO in the history of
A report released by Deloitte on Wednesday said that “many other developments are set to sustain above the trend of the largest in the Chinese mainland and Hong Kong over the rest of this year, including tests of cross-male rules and new tech index in Hong Kong.

That they are more likely to crops and billionaires in China, Hoogewerf to be.

He also estimates that about 100 new billionaires created in China since the year of the IPO boom. That’s one every four days. Two times a week, “he said.

Marcus report and pay attention to this.

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