| CEO Name | Zhong Shanshan |
| Nationality | China |
| Net Worth Estimation | $60 billion |
Zhong Shanshan, CEO of Nongfu Spring Co., Ltd., achieved an estimated net worth of around $60 billion primarily from his dominant shareholding in Nongfu Spring and controlling stake in Beijing Wantai Biological Pharmacy. Booming bottled water sales and Wantai's successful IPO fueled rapid wealth accumulation, making him one of China's richest individuals.
Zhong Shanshan's estimated net worth of $60,000,000,000 far surpasses the typical range for water industry CEOs ($1,000,000-$900,000,000). His wealth exceeds the category's maximum by 6,566%, making him an extreme outlier.
Business Category: Water
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 900000000 USD
Zhong Shanshan Performance in Nongfu Spring Co., Ltd.
Zhong Shanshan, CEO of Nongfu Spring Co., Ltd., demonstrates decisive leadership by strategically expanding product lines and optimizing supply chains, enhancing market competitiveness. His data-driven decision-making and emphasis on innovation propelled Nongfu Spring to become one of China's top beverage companies. Under his guidance, the company's performance surged, reflected in substantial revenue growth and increased brand value, solidifying its industry dominance.
Latest News
Nongfu Spring Co., Ltd. and CEO Zhong Shanshan: Strong Market Performance and Strategic Stance
Nongfu Spring, led by CEO Zhong Shanshan, reported a 16% revenue increase in H1 2025, reaching RMB 25.62 billion, with net profits up by 22%; Zhong criticized price wars and live-stream sales, advocating for quality and innovation over low-price competition. The company's stock hit a multi-year high, and Zhong remains China's richest man with a net worth of $65.7 billion.
Source: http://www.morningstar.com/news/dow-jones/202508271702/nongfu-spring-shares-hit-multi-year-high-on-strong-earnings-guidance