Zong Qinghou

Zong Qinghou is a Chinese billionaire businessman, and the founder, chairman and CEO of the Hangzhou Wahaha Group, the leading beverage company in China. He was ranked as China’s richest man in 2012 and second-richest in 2013, according to the China Rich List, published by Hurun Report.

  • Zong Qinghou turned privately-owned Hangzhou Wahaha Group into one of China’s largest homegrown sellers of bottled water, teas and milk drinks.
  • Zong founded Hangzhou Wahaha as a store in a children’s school in the city of Hangzhou in 1987.
  • Zong is an outspoken advocate of lower taxes to support economic growth in China.
  • His daughter Kelly is the heir apparent.