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Move over Mukesh Ambani, China's Zhong Shanshan is now the richest Asian

Zhong's net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet

Zhong Shanshan
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Zhong, 66, isn’t involved in politics and his business interests aren’t entwined with other rich families.

Richard Macauley and Venus Feng | Bloomberg
Zhong Shanshan is a private billionaire who’s rarely quoted in the press.

Now, after an improbable career spanning journalism, mushroom farming and health care, he’s become Asia’s richest person, eclipsing India’s Mukesh Ambani and a group of Chinese tech titans including Jack Ma.

Zhong’s net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet, according to the Bloomberg Billionaires Index. It’s one of the fastest accumulations of wealth in history, and all the more remarkable considering that until this year he was little known outside of China.

Zhong, 66, isn’t involved