Nongfu Spring founder Zhong Shanshan becomes China's richest man.
founder Jack Ma, whose respective holdings were worth $56.3 billion and $50.4 billion, according to Forbes.
The paper gains also mean China's wealthiest man now ranks 17th in the world, just below Google co-founders Larry Page and Sergey Brin, according toZhong owns 84.4% of the bottled water giant, which is up roughly 77% from its public offering on Sept. 8 in Hong Kong, when the company raised about $1.1 billion in one of the largest public offerings for the exchange so far this year.
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