The richest person is China is a bottled water tycoon, knocking Alibaba founder Jack Ma from his mantle. Zhong Shanshan founded Nongfu Spring in 1996 in the Zhejiang province on China's Eastern coast.

Earlier this year, China reversed some of these policies in response to low GDP growth. All net worth figures are based on the Bloomberg Billionaires Index as of April 14 at 3:30 p.m. ET.

Zhang Yiming, the 41-year-old founder of ByteDance, the parent company of TikTok, has been crowned the wealthiest person in .