China Beverage Giant Hangzhou Wahaha Group Chairman & Heir Kelly Zong Fuli with $2 Billion Family Fortune Facing Hong Kong Lawsuit (Temporary Injunction Order) Filed in 2024 December by 3 Half-Siblings (Jacky Zong, Jessie Song & Jerry Song) to Prevent Disposal or Dealing with Assets Held in HSBC Bank Account under Jian Hao Ventures (Reported to Hold $1.8 Billion), Hangzhou Wahaha Group Founded by Kelly Zong Fuli Father Zong Qinghou (Age 79) Who Died in 2024 with Estimated Then-Fortune of $6 Billion, 3 Half-Siblings Claim $700 Million Trust Assets Promised by Zong Qinghou

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China Beverage Giant Hangzhou Wahaha Group Chairman & Heir Kelly Zong Fuli with $2 Billion Family Fortune Facing Hong Kong Lawsuit (Temporary Injunction Order) Filed in 2024 December by 3 Half-Siblings (Jacky Zong, Jessie Song & Jerry Song) to Prevent Disposal or Dealing with Assets Held in HSBC Bank Account under Jian Hao Ventures (Reported to Hold $1.8 Billion), Hangzhou Wahaha Group Founded by Kelly Zong Fuli Father Zong Qinghou (Age 79) Who Died in 2024 with Estimated Then-Fortune of $6 Billion, 3 Half-Siblings Claim $700 Million Trust Assets Promised by Zong Qinghou

12th July | Hong Kong

China beverage giant Hangzhou Wahaha Group Chairman & heir Kelly Zong Fuli with $2 billion family fortune is facing Hong Kong lawsuit (Temporary injunction order) filed in 2024 December by 3 half-siblings (Jacky Zong, Jessie Song & Jerry Song) to prevent disposal or dealing with assets held in HSBC Bank account under Jian Hao Ventures (Reported to hold $1.8 billion).  Hangzhou Wahaha Group was founded by Kelly Zong Fuli father Zong Qinghou (Age 79) who died in 2024 with an estimated then-fortune of $6 billion.  The 3 half-siblings are claiming $700 million trust assets promised by Zong Qinghou.  In 2024 July, China beverage giant Hangzhou Wahaha Group Vice-Chair & General Manager Kelly Zong Fuli resigned 5 months (15/7/24) after her appointment, with shareholders raising questions on her management.  Kelly Zong Fuli is daughter of the late China billionaire & founder of beverage giant Hangzhou Wahaha Group Zong Qinghou who had died at age 79 (25/2/24).  In 2024 March, China billionaire & founder of beverage giant Hangzhou Wahaha Group Zong Qinghou died at age 79 (25/2/24).  In 1987, Zong Qinghou founded Hangzhou Wahaha Group (which means laughing child) with CNY 140,000 loan ($38,000).  In 2009, Zong Qinghou won control of a Hangzhou Wahaha Group business (joint venture) from France business partner Danone (Owns bottled water brands including Evian) with a $500 million buyout (80% control).  In 2012, Zong Qinghou became China’s richest man with more than $20 billion fortune.  In 2023, Zong Qinghou had an estimated personal fortune of around $6 billion. 

“ China Beverage Giant Hangzhou Wahaha Group Chairman & Heir Kelly Zong Fuli with $2 Billion Family Fortune Facing Hong Kong Lawsuit (Temporary Injunction Order) Filed in 2024 December by 3 Half-Siblings (Jacky Zong, Jessie Song & Jerry Song) to Prevent Disposal or Dealing with Assets Held in HSBC Bank Account under Jian Hao Ventures (Reported to Hold $1.8 Billion), Hangzhou Wahaha Group Founded by Kelly Zong Fuli Father Zong Qinghou (Age 79) Who Died in 2024 with Estimated Then-Fortune of $6 Billion, 3 Half-Siblings Claim $700 Million Trust Assets Promised by Zong Qinghou “

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China Beverage Giant Hangzhou Wahaha Group Vice-Chair & General Manager Zong Fuli Resigns 5 Months after Her Appointments with Shareholders Raising Questions on her Management, Zong Fuli is Daughter of the Late China Billionaire & Founder of Hangzhou Wahaha Group Zong Qinghou Who Died at Age 79 Earlier in 2024, Estimated Personal Fortune of $6 Billion

19th July 2024 – China beverage giant Hangzhou Wahaha Group Vice-Chair & General Manager Zong Fuli has resigned 5 months (15/7/24) after her appointment, with shareholders raising questions on her management.  Zong Fuli is daughter of the late China billionaire & founder of beverage giant Hangzhou Wahaha Group Zong Qinghou who had died at age 79 (25/2/24).  In 1987, Zong Qinghou founded Hangzhou Wahaha Group (which means laughing child) with CNY 140,000 loan ($38,000).  In 2009, Zong Qinghou won control of a Hangzhou Wahaha Group business (joint venture) from France business partner Danone (Owns bottled water brands including Evian) with a $500 million buyout (80% control).  In 2012, Zong Qinghou became China’s richest man with more than $20 billion fortune.  In 2023, Zong Qinghou has an estimated personal fortune of around $6 billion.

China Billionaire & Founder of Beverage Giant Hangzhou Wahaha Group Zong Qinghou Died at Age 79, Founded Wahaha Group in 1987 with CNY 140,000 Loan, Estimated Personal Fortune of $6 Billion, China Richest Man in 2012 with More than $20 Billion Fortune

2nd March 2024 – China billionaire & founder of beverage giant Hangzhou Wahaha Group Zong Qinghou had died at age 79 (25/2/24).  In 1987, Zong Qinghou founded Hangzhou Wahaha Group (which means laughing child) with CNY 140,000 loan ($38,000).  In 2009, Zong Qinghou won control of a Hangzhou Wahaha Group business (joint venture) from France business partner Danone (Owns bottled water brands including Evian) with a $500 million buyout (80% control).  In 2012, Zong Qinghou became China’s richest man with more than $20 billion fortune.  In 2023, Zong Qinghou has an estimated personal fortune of around $6 billion.

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