Zhang Yong
$5.5B
Born
Jul 01, 1970
Age
55
Source of Wealth
Restaurants
Residence
Singapore,
Citizenship
Singapore
Marital Status
Married
Children
0
Education
- Restaurateur Zhang Yong is chairman of Sichuan hotpot chain Haidilao International Holding, which went public in 2018.
- Haidilao has nearly 1,400 restaurants in Greater China. It is renowned for its spicy dishes and attentive customer service, including free manicures for waiting customers.
- It spun off its overseas business Super Hi, which went public in Hong Kong in 2022 and had a dual listing on Nasdaq in 2024. Super Hi has over 100 restaurants in international markets.
- Having never finished high school, the entrepreneur says he didn't even know how to prepare the typical Sichuan hotpot when he started.
- Three friends, including Shu Ping who became his wife, helped with seed money, but he ran the place. In 2022, he stepped down as CEO to focus on long-term strategies.
- Haidilao means deep-sea fishing, or literally "scooping the bottom of the ocean."
- Zhang often spent the night in his first restaurant on a foldaway bed. His worst memory was breaking a $100 aquarium he had saved up for to display fresh seafood.
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