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The magazine Bloomberg has named Mr Zhong Shanshan as China's richest man. The magazine said he is worth over $58 billion. He is $2 billion richer than the previous number one, Jack Ma, who is boss of the Internet giant Alibaba. Mr Zhong made his money from his Nongfu Spring bottled water company. He also makes vaccines. He is now 17th on the global rich list. He might move up that list in the future.
Zhong Shanshan, 66, was once a builder. He started his water company in 1996, just as China's market for bottled water started. Bottled water is a big industry in China. Most people prefer bottled water to tap water. Zhong's vaccine company is helping to fight against COVID-19. It is making a vaccine with the help of university researchers. Chinese media call Mr Zhong a "lone wolf" because he is rarely seen in public. He likes to keep himself to himself.
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