#490

Zong Fuli

China 44 years old

Overview

Source of Wealth
Beverages
Residence
Hangzhou
Education
Pepperdine University (Bachelor of Science)

Biography

Zong Fuli, also known as Kelly, is the daughter of beverage giant Hangzhou Wahaha Group's late founder Zong Qinghou.

Her wealth is based on a company stake inherited in 2024, after the elder Zong passed away earlier in the year.

Once Wahaha's chairman and CEO, Kelly stepped down in September 2025.

She already stepped down once in 2024, before being reinstated months later after resolving an unspecified shareholder dispute at the time.

In 2025, she was sued in Hong Kong over $2.1 billion worth of trust assets by three plaintiffs who claim to be her half siblings.

About

Started in Hangzhou in 1987, the company's name Wahaha mimics the sound of a laughing child.