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Zong Qinghou, the Chinese beverage billionaire who took on Danone and won, dies

·1 min


Chinese Billionaire Zong Qinghou Passes Away #

Zong Qinghou, the founder of a major beverage company in China, has died at the age of 79. Zong, once the country’s richest man, passed away due to an illness. He grew his business from a small cart selling ice pops to a conglomerate offering various drinks and food products. Zong gained national recognition for reclaiming full control of his company from a French partner. His death has been mourned across China, and he is survived by his wife and daughter, who is set to succeed him. Zong’s frugal lifestyle and strong work ethic were well-known throughout his career.