BillionaireNet
Fuli
Z
Rank #492
CHINAFood & BeverageBeverages

Zong Fuli

Net Worth
$7.496B
0% (24h)
Zong Fuli, also known as Kelly Zong, is a prominent Chinese businesswoman and heiress to the Hangzhou Wahaha Group, China's leading beverage company. Born in 1982, she is the daughter of the late Zong Qinghou, who founded Wahaha. Zong Fuli's career began within the family business, where she rose through the ranks after studying international business at Pepperdine University in the United States. As the only child, she was groomed to succeed her father, eventually becoming the chairman and CEO. Her current net worth is estimated at $7.5 billion, derived from her inheritance of her father's stake in Wahaha. Zong is now tasked with reviving the company's sales and navigating challenges in a competitive market.

The Full Dossier

Early Life and Education

Zong Fuli, often referred to as Kelly Zong, was born in 1982 in Hangzhou, China. She spent her teenage years in the United States, attending San Marino High School and later earning a Bachelor of Science degree in international business from Pepperdine University in Malibu, California. Her time in the U.S. shaped her worldview, instilling independence and a global perspective.

Rise to Success

After graduating from Pepperdine, Zong returned to China and joined Hangzhou Wahaha Group in 2004. She started in the company's Xiaoshan No. 2 base, gaining experience in the production workshop, and advanced through the ranks. In 2007, she became the president of Hongsheng Beverage Group, a Wahaha subsidiary, leading it to significant revenue growth. Zong also took on responsibilities for the group's import and export operations.

Key Business Strategies

Zong Fuli's approach to business involves modernizing the Wahaha brand to attract younger consumers. She introduced new marketing strategies, including brand ambassadors, product placement on TV shows, and collaborations with influencers. In 2021, she became the vice chair and general manager of Wahaha Group. As chairwoman and CEO, she is focused on strengthening terminal construction, increasing the number of freezer placements, and improving Wahaha's market share.

Philanthropy

Zong Fuli has also been involved in philanthropic initiatives. In 2024, she donated to establish a food science school at Xi'an Jiaotong University.

Career Timeline

2024

Chairman and CEO

Took over as chairman and CEO of Hangzhou Wahaha Group after her father's passing.

2021

Vice Chair and General Manager

Appointed vice chair and general manager of Wahaha Group.

2018

Director of Brand Public Relations Department

Became the director of the brand public relations department of Wahaha Group.

2007

President of Hongsheng Beverage Group

Became president of a Wahaha subsidiary, leading significant revenue growth.

2004

Joined Wahaha Group

Began her career at Wahaha Group, starting at the Xiaoshan No. 2 base.

Philanthropic Impact

Education$0.1B

Food Science School at Xi'an Jiaotong University

Donated to establish a food science school at Xi'an Jiaotong University.

Wealth Trajectory