China’s busy IPO season creates a new crop of billionaires in first half

China’s busy IPO season creates a new crop of billionaires in first half

Photo by Andrea Natali on Unsplash

Zhong Shanshan, whose schooling was interrupted during China’s cultural revolution, worked in construction, as a reporter and in the bottled-water business. Today, he’s worth $17 billion after his drug company went public in April and the shares surged 26-fold.