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Zong Qinghou


  Male      Chinese      Business Person



About Author

Zong Qinghou (Chinese; born 1945) is a Chinese entrepreneur, founder, Chairman and CEO of the Hangzhou Wahaha Group, the leading beverage company in China. He was ranked as China's richest man of 2012 and second-richest man of 2013, according to the China Rich List, published by Hurun Report. On the Global Rich List, he is 35th richest man in the world, with an estimated net worth of US$20 billion., Zong is a delegate to the Chinese National People's Congress.

Zong is a native of Zhejiang, and has had little formal education. After graduating from secondary school, Zong worked at the Zhoushan salt farm. He returned home in 1979 on the retirement of his mother, who was a teacher. He eventually returned to Hangzhou, and only found menial work at a local school due to the low level of his education. In 1987, he targeted a minigrocery in a school in Shangcheng District,Hangzhou, selling milk. Zong headed the embryonic Wahaha business, which distributed fizzy soft drinks, ice and stationery. Together with two retired schoolteachers, he borrowed the sum of CNY 140,000, to start producing milk drinks for distribution...


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