Zhong Shanshan, the founder and controlling shareholder of Nongfu Spring, tops an annual list of Chinese billionaires for the second straight year. Photo: Weibo
Zhong Shanshan, the founder and controlling shareholder of Nongfu Spring, tops an annual list of Chinese billionaires for the second straight year. Photo: Weibo

Tencent, ByteDance, Alibaba founders see fortunes plunge as China billionaire list loses nearly 300 members

  • The number of billionaires on the annual Hurun China Rich List falls to 1,305, while their overall wealth declines by 18 per cent to US$3.5 trillion
  • Nongfu Spring founder Zhong Shanshan tops the list for the second year, while Hong Kong tycoon Li Ka-shing surpasses Pony Ma and Jack Ma

Zhong Shanshan, the founder and controlling shareholder of Nongfu Spring, tops an annual list of Chinese billionaires for the second straight year. Photo: Weibo
Zhong Shanshan, the founder and controlling shareholder of Nongfu Spring, tops an annual list of Chinese billionaires for the second straight year. Photo: Weibo
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