Shi Yonghong & family
$2.3B
Born
Jan 01, 1969
Age
57
Source of Wealth
Restaurants
Residence
Chengdu, Sichuan
Citizenship
China
Marital Status
Married
Children
0
Education
- Shi Yonghong cofounded Sichuan hot pot chain Haidilao in 1994 with Zhang Yong, also a billionaire, and two friends who became their wives.
- The company, which had about $4.4 billion in sales from almost 1,300 locations in 2020, went public in Hong Kong in September 2018.
- Known for offering special services such as free manicures for waiting customers, Haidilao has expanded to the U.S., Japan, South Korea and Singapore.
- Shi, who owns his stake in Haidilao with wife Li Haiyan, has a stake in Yihai International, hot pot condiment maker that was spun off from Haidilao.
- Shi sits on the board of both companies.
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