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Zong Qinghou (Chinese: 宗庆后; 11 October 1945 – 25 February 2024) was a Chinese billionaire businessman, and the founder, chairman and CEO of the Hangzhou Wahaha Group, China's leading beverage company. [4] As of March 2022, his net worth was estimated at US$8.7 billion. [2]
Zong Qinghou, the rags-to-riches founder of one of China’s biggest beverage makers, has died. The self-made billionaire, who was once China’s richest man, ...
Danone and Wahaha's general manager Zong Qinghou signed a deal in December 2006, allowing Danone to buy a majority stake in the non-JV operations. However, Zong had second thoughts about the deal and reneged, [4] claiming the offer was underpriced. [5] It is alleged that he wanted to squeeze a higher price out of Danone. [4]
The company was originally a local government owned sales company founded in 1987–8. For most of the time since creation, it has been run by Zong Qinghou (宗庆后), who exercised operational control over the day-to-day operations.
The criticism was triggered by the death last month of Zong Qinghou, the founder of Wahaha Group, one of Nongfu’s biggest competitors. Zong was a revered nationalist figure who famously took on ...
The recent death of Zong Qinghou, the founder of competing brand Wahaha, could also be fanning the social media frenzy. Some accuse Zhong of undermining his former partner, Zong. (Zhong used to be ...
The following are partial lists of the Forbes list of Chinese billionaires (converted into USD) and is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2022. [1]
Zong is also a Cantonese-derived spelling for the surname Zhuang (庄/莊). According to a 2013 study it was the 217th most common surname, shared by 450,000 people or 0.034% of the population, with Jiangsu being the province with the most people.