The owner of bottled water maker Nongfu Spring, Zhong Shanshan, remains China’s richest man for the fourth year in a row. This was reported on March 26 by the online publication ekd.me with reference to the Hurun Rich List study, which tracks people with a fortune of more than one billion dollars.
In 2024, the 70-year-old businessman’s fortune is estimated at 450 billion yuan ($63 billion). He is ranked 21st in the world ranking. E-commerce platform Pinduoduo founder Huang Zheng took second place with 385 billion yuan ($53 billion). Tencent CEO Ma Huateng fell to third place. He has 250 billion yuan (35 billion US dollars).
Although the number of Chinese billionaires has fallen by 155, the country still has the largest number of ultra-rich people: 814. The United States has 800, India, 271. The combined wealth of China’s richest people is approaching 19 trillion yuan (2.6 trillion dollars). ). This is 15% less than last year.
In the world ranking, Elon Musk has regained leadership with a fortune of 231 billion dollars, the publication notes. And the richest Russian, Vladimir Potanin, owner of Norilsk Nickel, is in 55th place with $25 billion.
Source: Rossa Primavera

I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.