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Zhong Shanshan

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China Zhong Shanshan
Net worth $68.1 billion
Forbes 2026 list, March 24, 2026[1]
World rank 27th (Forbes 2026)[1]
Source of wealth Beverages, pharmaceuticals
Companies Nongfu Spring (founder, chairman); Beijing Wantai Biological Pharmacy (majority owner)
Citizenship China
Born 1954, Hangzhou, China
Known for Founding Nongfu Spring bottled water
Net worth figures are estimates by the source named and change every day.
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Zhong Shanshan is a Chinese businessman who founded the bottled water and drinks company Nongfu Spring and is the majority owner of Beijing Wantai Biological Pharmacy.[2] On the Forbes 2026 billionaires list, a snapshot taken on March 24, 2026, he was 27th in the world with an estimated $68.1 billion.[1]

Net worth

  • September 2020: Nongfu Spring's stock-market listing lifted his fortune from $18.9 billion to more than $50 billion.[2]
  • January 2021: about $95 billion; Forbes called him China's richest person and sixth in the world.[2]
  • March 2026: $68.1 billion, 27th on the Forbes list.[1]

How the fortune was made

Zhong was born in Hangzhou in 1954 and left primary school during the Cultural Revolution to work in construction.[2] He became a journalist at the Zhejiang Daily, then quit in 1988 to go into business on the island of Hainan, where he sold mushrooms, prawns and turtles.[2] In 1996 he founded the bottled water company in Hangzhou that became Nongfu Spring.[2] In 1999 it stopped taking the natural minerals out of its water, which set it apart in a market where distilled water was the norm.[2] By September 2020 he also owned 75% of Beijing Wantai Biological Pharmacy.[2]

Sources

  1. ↑ 1.0 1.1 1.2 1.3 Forbes, "Zhong Shanshan", 2026 World's Billionaires list (snapshot of March 24, 2026), read November 3, 2026. Net worth is a Forbes estimate.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 Wikipedia, "Zhong Shanshan", read November 3, 2026. Billionaire Wiki's text is written in its own words; facts are checked against this article and its sources.