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China’s billionaire count rises by 70

China’s billionaire count rises by 70

Mainland China saw 70 billionaires minted this year, bringing the total count to 470, with wealth gains linked to the tech sector, a report has shown.

Chinese beverage giant Wahaha’s heiress Kelly Zong to appeal over frozen $1.8B bank account at center of inheritance battle with half-siblings

Chinese beverage giant Wahaha’s heiress Kelly Zong to appeal over frozen $1.8B bank account at center of inheritance battle with half-siblings

Court freezes $1.8B bank account at center of inheritance battle between Chinese beverage giant Wahaha's heiress Kelly Zong and half-siblings

Court freezes $1.8B bank account at center of inheritance battle between Chinese beverage giant Wahaha's heiress Kelly Zong and half-siblings

5 things to know about the $2B inheritance battle at Chinese beverage giant Wahaha

5 things to know about the $2B inheritance battle at Chinese beverage giant Wahaha

Succession at China’s largest soft-drinks producer, Hangzhou Wahaha Group, and the legacy of its late billionaire founder Zong Qinghou are under question amid a family feud for inheritance involving his offspring.

July 19, 2025 | 04:02 pm PT

Inside the $2B inheritance battle over China’s top beverage empire Wahaha between heiress Kelly Zong and her alleged half-siblings

Inside the $2B inheritance battle over China’s top beverage empire Wahaha between heiress Kelly Zong and her alleged half-siblings

Kelly Zong, chairwoman of China’s largest soft-drinks producer Hangzhou Wahaha Group, is facing a US$2 billion inheritance battle with three individuals who claim to be her half-siblings and children of her father, the late billionaire Zong Qinghou.

July 18, 2025 | 04:07 pm PT

China beverage giant heiress Kelly Zong faces $2B inheritance lawsuit from so-called half-siblings

China beverage giant heiress Kelly Zong faces $2B inheritance lawsuit from so-called half-siblings

Kelly Zong, the heiress of China's beverage giant Hangzhou Wahaha Group, is being sued by three people claiming to be her half-siblings over the control of US$2 billion in inherited wealth.

July 12, 2025 | 02:00 am PT

PDD founder Colin Huang sees net worth tumbling nearly $6B

PDD founder Colin Huang sees net worth tumbling nearly $6B

Colin Huang, the founder of Chinese e-commerce giant PDD Holdings, experienced a $5.7 billion drop in his wealth overnight as the company’s Nasdaq-listed shares crashed on Tuesday due to lackluster quarterly earnings.

May 28, 2025 | 10:47 pm PT

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