Recently, the Hurun Research Institute released the "2016 Hurun Charity List." Zong Qinghou, Xu Shihui, and Chen Hongdao are the three tycoons from the food industry on the list. They are not only excellent entrepreneurs but also generous philanthropists.
> >>>
Beverage King Zong Qinghou
Zong Qinghou's family donated 63.2 million yuan over the past year, ranking 32nd, the highest among food industry donors. On the 2016 Hurun Charity List, Zong Qinghou's family donated 63.2 million yuan for education, disaster relief, poverty alleviation, and social welfare projects. Last year, Zong Qinghou's wealth reached $19 billion (approximately 124.8 billion yuan), ranking 41st globally.
Zong Qinghou started from scratch. In 1989, he led about 100 workers from a school-run factory to develop and launch Wahaha children's nutritional liquid, establishing Hangzhou Wahaha Nutritional Food Factory. The product quickly became popular. In 1991, Zong Qinghou made a bolder move: he merged the state-owned old factory, Hangzhou Canned Food Factory, which had over 2,000 employees, and formally established Wahaha Food Group Company. That year, output value reached 217 million yuan. In 2003, revenue exceeded 10 billion yuan, making it the fifth-largest beverage producer globally. Now, Wahaha has grown into a "super battleship" with annual revenue exceeding 70 billion yuan.
> >>>
Herbal Tea Tycoon Chen Hongdao
Chen Hongdao, the herbal tea tycoon, donated 32.8 million yuan in 2016, ranking 52nd, mainly for poverty alleviation and education. Last year, his wealth was $2.4 billion (approximately 15.7 billion yuan).
As chairman of JDB Group, Chen Hongdao is an extremely low-profile entrepreneur who rarely appears in public media. His most notable donation was during the Wenchuan earthquake in 2008, when he donated 100 million yuan in the name of JDB. This was a huge sum at the time and caused a stir. Although the internet was just developing rapidly in 2008, after the donation, netizens launched a "buy out Wanglaoji" campaign, making Wanglaoji a sought-after beverage nationwide. In 2007, Wanglaoji's sales revenue was 9 billion yuan, but after the 100 million yuan donation, Wanglaoji's herbal tea became famous nationwide, and its 2008 sales revenue surged to over 10 billion yuan.
> >>>
Low-Profile Fujian Richest Man Xu Shihui
Xu Shihui's family donated 16 million yuan over the past year, ranking 89th. Since Dali's listing in November last year, Xu Shihui's family wealth has risen. In 2016, his wealth increased by 261% to $6.5 billion, ranking 202nd globally, up 802 places from last year. He also became the richest person in Fujian. Xu Shihui's family wealth in 2016 was $6.5 billion (approximately 42.7 billion yuan).
Xu Shihui, chairman of Fujian Dali Food Co., Ltd., is extremely low-profile and rarely accepts media interviews. However, he is very philanthropic. In February 2016, Fujian Dali Group held the sixth Love and Respect for the Elderly Fund Distribution Ceremony in Hui'an County, distributing 8 million yuan to over 8,000 elderly people aged 60 and above. From 2010 to 2015, Dali Group distributed funds to more than 40,000 elderly people in three townships (Luocheng, Zishan, and Huangtang) around the Spring Festival, totaling 36.7 million yuan.
In addition to the three food industry tycoons above, Xu Jiayin, as a tycoon crossing into the food industry, also made the list!
> >>>
Xu Jiayin: Crossing into the Food Industry
Xu Jiayin donated a total of 840 million yuan over the past year, ranking fifth. Evergrande Group signed a targeted poverty alleviation agreement with Dafang County in Guizhou. Evergrande plans to invest 3 billion yuan in poverty alleviation funds without compensation within three years. Currently, the first batch of 1 billion yuan has been in place. Xu Jiayin currently holds 74% of Evergrande Real Estate. With wealth of 74 billion yuan, he ranked 91st on the "2016 Hurun Global Rich List."
Attached: 2016 Hurun Rich List (Chinese Food & Beverage Tycoons Beyond Top 100)
Rank | Name | Wealth (Billion USD) | Company | Category | Age | City 126 | Yan Bin | 92 | Huabin Group | Beverages | 61 | Beijing 187 | Liu Yonghao Family | 68 | New Hope | Dairy | 64 | Chengdu 202 | Xu Shihui Family | 65 | Dali Foods | Snacks & Beverages | 58 | Quanzhou 297 | Cai Yanming Family | 50 | Want Want | Snacks | 58 | Taiwan 309 | Wei Yingzhou Brothers Family | 48 | Tingyi | Snacks & Beverages | 61 | Tianjin 452 | Yang Kai | 37 | Huishan Dairy | Dairy | — | Shenyang 478 | Pang Kang | 36 | Haitian Flavoring | Condiments | 59 | Foshan 741 | Liu Xiaodong | 26 | Bairun | Cocktails | 48 | Shanghai 792 | Chen Hongdao | 24 | JDB | Beverages | — | Beijing 1022 | Liang Yunchao Family | 20 | By-Health | Health Products | 46 | Zhuhai 1308 | Wang Han | 16 | Junyao | Dairy | 28 | Shanghai 1308 | Wang Jinjun | 16 | Junyao | Dairy | 47 | Shanghai 1308 | Xu Cheng Family | 16 | Hsu Fu Chi | Candy | 63 | Dongguan 1388 | Li Wenda | 15 | Lee Kum Kee | Condiments | 86 | Hong Kong 1505 | Feng Xiaohua | 14 | Nanhua Sugar | Condiments | 59 | Nanning 1505 | Meng Qingshan Family | 14 | Meihua | Condiments | 67 | Langfang 1601 | Cheng Xue | 13 | Haitian Flavoring | Condiments | 45 | Foshan 1819 | Sun Mengquan Family | 11 | Luhua | Edible Oil | 65 | Yantai 1819 | Tao Huabi | 11 | Laoganma | Condiments | 68 | Guiyang 1964 | Cao Defeng & Meng Haidi | 10 | Standard Foods | Food | 70 | Taiwan 1964 | Huang Jiadi | 10 | Huang's | Dairy | 53 | Nanning 1964 | Li Fucheng Family | 10 | Fucheng Wufeng | Food | 69 | Langfang 1964 | Liu Haibin | 10 | Bairun | Flavors & Fragrances | 52 | Shanghai
-END-
China's best learning platform for FMCG distributors Focusing on providing professional, practical, and actionable tutorials for enterprises and distributors Committed to helping Chinese FMCG distributors grow rapidly
The most professional and practical knowledge base in the FMCG industry
Reply with the red number below to get corresponding content Reply with number 1 to view the complete knowledge base | 001 Excellent Article Selection | 002 Distributor Market Operations | 003 Terminal Visit Management | 004 Sales Supervisor Skills | 005 Sales Improvement Techniques | 006 Channel Expansion | 007 Managing Distributors | 008 Distributor Development | 009 Distributor Internal Operations Management | 010 Team Management | 011 Efficient Distribution Techniques | 012 Sales Manager's 18 Skills | 013 KA Operation Methods and Strategies | 014 First Lesson for New Salespeople | 015 Internet, Brands | 016 Distributor B2B Transformation |
[Long press QR code to follow]