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Money and Wealth

ByteDance Cofounder Zhang Yiming Becomes China’s Richest, Surpassing Beverage Tycoon Zhong Shanshan

Zhang Yiming, cofounder of TikTok's parent company ByteDance, has overtaken Zhong Shanshan, Chairman of beverage giant Nongfu Spring, to become the richest person in China. Zhang, 40, has secured the top spot with a net worth of $45.6 billion, slightly ahead of Zhong’s $43.3 billion. Zhang stepped down as chairman...
Banking and FinanceSuccess and Leadership

Kelly Zong, the daughter of the Late Chinese Billionaire Zong Qinghou, Takes Over as CEO of the Wahaha Group

Kelly Zong, also known as Zong Fuli, the daughter of the late Chinese billionaire Zong Qinghou, has officially assumed control of Hangzhou-based beverage giant Wahaha Group, according to a local business registration system. The Qichacha business registration platform confirms that Zong is now the company's chairman and CEO and has...
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