After dethroning Mukesh Ambani as Asia’s wealthiest, Chinese billionaire Zhong Shanshan surpasses Warren Buffett on global rich list. Zhong Shanshan’s fortune rose by $13.5 billion in 2020, to $93.1-billion making him the sixth richest person on the planet. Warren Buffett, the Chairman of Berkshire Hathaway, has a net worth of $88.2 billion.
Zhong Shanshan has also helped 4 family members become billionaires. His younger sister, Zhong Xiaoxiao, and three of his wife’s siblings each hold a 1.4% stake in Nongfu worth $1.3 billion.
It’s only the second time a Chinese billionaire has broken into the world’s Top 10 — property tycoon Wang Jianlin hit No. 8 in 2015.
Zhong Shahshan’s wealth likely to enter the $100 billionaires club soon
The bottled water tycoon, Zhong Shanshan is on track to become the world’s 6th person with a net worth in excess of $100 billion after Tesla’s CEO Elon Musk ($195 billion), Amazon’s CEO Jeff Bezos ($185 billion), Microsoft co-founder Bill Gates ($134 billion), LVMH chairman Bernard Arnault Bernard Arnault ($116 billion) and Facebook’s Mark Zuckerberg ($102 billion).
Top 10 Richest people in the world
- Elon R Musk: $195 billion
- Jeff Bezos: $185 billion
- Bill Gates: $134 billion
- Bernard Arnault: $116 billion
- Mark Zuckerberg: $102 billion
- Zhong Shanshan: $93.1 billion
- Warren Buffett: $88.2 billion
- Larry Page: $83.6 billion
- Sergey Brin: $81.0 billion
- Larry Ellison: $80.0 billion