The net assets of bottled water and vaccine tycoon Zhong Yan have surpassed Alibaba's founder Ma Yun and become the richest man in China.

According to Bloomberg News, the net assets of Zhong Yan, the founder of the Health Hall, the chairman and general manager of Nongfu Shanquan, reached US $ 58.7 billion (806.08) on Wednesday (23rd), which was $ 2 billion than Alibaba founder Ma Yun.Zhong Yan is now the second richest man in Asia, second only to the managing director of the Indian Shinshi Industrial Group Mukesh Ambani, ranking 17th in the global richest list.

Zhong Yan, who won the title of Wolf because of the political and commercial circle, has increased by nearly $ 52 billion in 2020.The first public fundraising of the Bottle Water Company Nongfu Spring has become the most popular Hong Kong IPO, which is the most popular with retail investors. This month, it pushed Zhong Ye to the throne of the top three richest people in China.And before, the listing of Wantai Bio, a vaccine producer, has increased the net value of Zhong Yan to $ 20 billion in early August.

Although Zhong Yan's wealth has now surpassed Jack Ma, this technology tycoon may soon recapture the position of China's richest man; after Alibaba was listed in the United States, Ma Yun has occupied the top of the Chinese rich list for most of the past six years.Bit.The IPO of the Ant Group will further increase his wealth next month; if the company has achieved a target of $ 250 billion in valuation targets, Ma Yun's shareholding will be worth $ 28 billion.