Zong Qinghou


Zong Qinghou

China's richest man is the chairman and majority shareholder of Hangzhou Wahaha Group, a consumer goods company–beverages, food, baby formula–he founded with two retired primary school teachers and a $22,048 loan in 1987. Wahaha, which means "laughing child" in Mandarin, is the third-largest soft drink maker in China, trailing Coca-Cola and Tingyi.

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