Zhong Shanshan

Zhong Shanshan (, born 1954) is a Chinese business magnate and billionaire. He is the founder and chairperson of the Nongfu Spring beverage company and majority owner of Beijing Wantai Biological Pharmacy Enterprise.

As of 2025, Zhong has a net worth of US$77.5 billion, and was ranked among the top 25 in the Bloomberg Billionaires Index. His wealth is derived mainly from his business stakes and interests in the Chinese beverage and pharmaceutical industries.

Early life Zhong was born in Hangzhou in 1954. He dropped out of primary school during the Cultural Revolution He then went on to work at the Wahaha beverage company as a sales agent, and sold healthcare supplements. This allowed for increased market expansion across the country and transformed it into a larger company. According to Nielsen research data, Nongfu Spring's natural water became the most popular bottled water in the country in 2012. Starting in 2012, Nongfu Spring was the number one seller of packaged beverages in China. It maintained this dominance for 8 consecutive years.

Nongfu Spring's initial public offering in September 2020 massively increased Zhong's wealth. It expanded his fortune from 18.9 billion dollars to over 50 billion dollars. This made him China's wealthiest or second-wealthiest person, according to Bloomberg and Forbes respectively. By September 2020, Zhong owned a 75% stake in Beijing Wantai Biological Pharmacy.

Personal life Despite his business success and immense wealth, Zhong maintains a low public profile, and has been called a "lone wolf" by Chinese media. He purchased an apartment in Xihu District, Hangzhou, where he primarily resides. Nongfu Spring's headquarters are also located in Xihu district.