Meet Zhong Shanshan — Asia’s New Richest Man
He made $70 billion in 2020, and over $20 billion in the first week of the new year alone. But who exactly is Zhong Shanshan?
We all have different standards of what constitutes a good year. Maybe your start-up attracted its first investors. Maybe your business pioneered pathways into new markets. Maybe your stocks actually did what your broker promised.
Or, maybe, in a year of lockdowns, political turmoil and a rampaging virus, you simply managed to earn a living wage.
Whatever your definition of financial success was in 2020, it likely pales in comparison to the year that Chinese investor Zhong Shanshan had.
In fact, you’d be hard-pressed to better Shanshan; as 2020 came to an end he was an incredible $70 billion richer, edging out Indian billionaire Mukesh Ambani to become the richest man in Asia, and the 11th richest man in the world.
2021 has so far been kind to the Chinese giant too; between 30th December and the end of the first week of January, Shanshan’s fortune grew again to $91.7 billion, making him the sixth richest person in the world.