Portrait of Shi Yonghong & family

Rank #2012

Shi Yonghong & family

Net worth $2.1B

Restaurants · China

Born
Jan 01, 1969
Age
57
Source
Restaurants
Residence
Chengdu, Sichuan
Citizenship
China
Marital status
Married
Children
0
Education

Net worth over time

Biography

  • 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.

Financial assets

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