Water tycoon is China’s richest as wealth crackdown batters Jack Ma

  • Date: 27-Oct-2021
  • Source: Kuwait Times
  • Sector:Economy
  • Country:Kuwait
  • Who else needs to know?

Water tycoon is China’s richest as wealth crackdown batters Jack Ma

BEIJING: Bottled-water tycoon Zhong Shanshan has become China’s wealthiest person, according to an annual ranking released yesterday, as a government campaign to rein in the super-rich took a big bite out of the fortunes of perennial front-runners like Alibaba co-founder Jack Ma. Zhong, in his late 60s, has seen his fortune swell following the stock […]

The post Water tycoon is China’s richest as wealth crackdown batters Jack Ma appeared first on Kuwait Times.

BEIJING: Bottled-water tycoon Zhong Shanshan has become China’s wealthiest person, according to an annual ranking released yesterday, as a government campaign to rein in the super-rich took a big bite out of the fortunes of perennial front-runners like Alibaba co-founder Jack Ma. Zhong, in his late 60s, has seen his fortune swell following the stock […]