Top 20 richest people in China
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Zong Qinghou (宗慶后)
The founder of China's largest beverage producer Wahaha, Zong Qinghou sees his wealth drop this year as higher raw materials costs eroded profit margins. Zong has lately expressed an interest in diversifying his revenue from beverages into retail even as main business is growing. Wahaha's name comes from the sound of a child's laughter.
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