China's Zhong Shanshan surpasses Ambani, See Top 5 richest people in Asia

Dec 31 2020 02:57 PM
China's Zhong Shanshan surpasses Ambani, See Top 5 richest people in Asia

Zhong Shanshan, a private billionaire, has surpassed India's Mukesh Ambani and China's tech titans including Jack Ma to become the richest person in Asia.

As per the Bloomberg Billionaires Index, his net worth has increased by USD70.9 billion in 2020 to USD77.8 billion, making him the 11th richest person on the earth. This is praiseworthy as it marks the fastest accumulation of wealth in history, and outstanding in the sense as until this year he was little known outside of China.

Zhong, aged 66, is not  involved in politics and his business interests aren’t entwined with other rich families such as the property tycoons, which is why he’s known locally as the “Lone Wolf”

Mukesh Ambani also had an outstanding year with his fortune soaring USD18.3 billion to USD76.9 billion as he entered into deals one after the other with global tech and investment giants to transform his conglomerate entity into a e-commerce and tech titan.

See the five the richest person in Asia: (1) Zhong Shanshan (Wantai, Nongfu) - USD77.8 billion (2) Mukesh Ambani (Reliance) USD76.9 billion, (3) Colin Huang (Pinduoduo) USD63.1 billion, (4) Pony Ma(Tencent) USD56 billion (5) Jack Ma (Alibaba, Ant) USD51.2 billion