The list of the wealthy in the People's Republic of China underwent a major transformation in 2021, after the new billionaire Zhong Shanshan topped the ranking.

He owns bottled water and beverage empire Shanshan (Nongfu Spring), whose company went public in 2020.

Shanshan wasn't the only billionaire to surpass China's richest man last year, Alibaba founder Jack Ma. Zhang Yaming, founder of ByteDance, owner of the TikTok app, has grown rapidly with a fortune estimated at $52.8 billion, after rising by nearly $40 billion since 2019.

According to Statista, Cheng Yukuen of battery maker CATL came in third place, after his fortune grew rapidly to $49.7 billion, adding 43.3 billion dollars. Billion dollars to his fortune in just two years.

Despite a modest fortune gain, Tencent CEO Bonnie Ma Huateng also took precedence over the co-founder of Alibaba, who was one of the first entrepreneurs to They have been affected by China's crackdown on technology companies. Between 2019 and 2021, he added an estimated $600 million only to his fortune.

It is reported that the billionaire founder and CEO of Tesla, Elon Musk, tops the list of world billionaires, with a fortune that may be the highest in history, amounting to 320 billion dollars, according to Forbes data. The richest person in China is the 19th richest person in the world, with a net worth of $66.3 billion.