China's Zhong Shanshan replaces Mukesh Ambani as Asia's richest person

Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries Chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion. The Bloomberg Billionaires Index showed that Zhong's net worth has surged $70.9 billion making him the richest man in Asian above both Mukesh Ambani and China's Jack Ma.