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Bloomberg

China Scion's Fight With Half-Siblings Sends Succession Warning

For decades, Kelly Zong had been known as the only child to her late billionaire father, the founder of beverage empire Hangzhou Wahaha Group Co. His effort to groom her as a successor was hailed as a model for Chinese entrepreneurs during the one-child policy era. But Kelly is now grappling with two overlapping legal challenges stemming from unresolved matters left behind by her father — cases that could set a legal precedent for wealth succession in China and cast a shadow over the reputation of one of the country's most iconic beverage empires.