IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Wahaha chief loses mantle

This article was originally published in Foodnews

ZONG Qinghou, the owner of Chinese beverage group Wahaha, has slipped from first to second in a list of China’s richest men produced by Huran Report. Qinghou has a fortune of USD10.7 billion, not enough to prevent Liang Wengen, chairman of construction firm Sany with a fortune of USD11 billion, taking top spot. Yan Bin, whose company Ruoy Chai International Group has exclusive distribution rights for Red Bull energy drinks, was fourth with USD7.8 billion. China now has 271 US dollar billionaires, up from 189 in 2010.


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts