China's Zhong Shanshan Replaces Mukesh Ambani As Asia's Richest Person

Indian business magnate Mukesh Ambani has been replaced by Chinese national Zhong Shanshan as Asia's richest person. Zhong is the founder of China's largest bottled water company 'Nongfu Spring'. As per the Bloomberg Billionaires Index, Shanshan's net worth has soared from $70.9 billion to $77.8 billion, surpassing Ambani's $76.9 billion. Notably, Nongfu's shares have risen to about 155% since their launch, one of the fastest wealth-growing records.