2004 China Rich List
Zong Qinghou - 2004 China Rich List:No.48
| 2004 wealth (US m): |
230 |
| 2003 wealth (US m): |
145 |
| age: | 59 |
| birthplace: | Hangzhou, Zhejiang |
| company: | Wahaha Group |
| head office: | Zhejiang |
| industry: | Soft drinks, children clothes |
| listing: | None |
| personal info: | This year the big news for Wahaha has been the expansion of its Future Cola drink to the US market and continue with developing its children’s clothes brand. With sales last year of US$1.2 billion, Wahaha has close to 20,000 employees. Starting out selling school stationery, Zong soon switched the business to children’s drinks, before taking part in a high-profile joint venture with Danone, the French drinks business in 1996. Zong led a management buy out in 2002 and is a delegate to the National People’s Congress. |
| other list rank: |
