1. Zong Qinghou, $10 billion
Chairman of beverage giant Wahaha returns to the top of the Forbes China rich list this year after giving up the No. 1 spot to Liang Wengen in 2011. Privately owned Wahaha posted sales of $10.8 billion in 2011, up 24% from a year earlier. One reason his net worth is $3.5 billion higher than last year: Wahaha told FORBES ASIA that Zong’s stake in the company is more than 80%, compared with a 29% figure filed with the Hangzhou city government, which a Wahaha spokesman said wasn’t complete.