Zhong Shanshan is setting new wealth records.

The chairman of Nongfu Spring Co., a bottled-water company that’s ubiquitous in China, is now richer than Warren Buffett as his fortune surged US$13.5 billion ($17.79 billion) since the start of the year to US$91.7 billion ($120.84 billion) on Jan 5, according to the Bloomberg Billionaires Index.

Zhong, 66, is now the sixth-wealthiest person on the planet. Nongfu shares jumped 18% in the first two trading days of 2021, taking the advance since their September listing to more than 200%. They gained 0.7% on Jan 6.

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