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In the world today
Zhang Yong

Zhang Yong

Z. Yong
-0.02% | - $-1.19M
$6.21 B ₹ 56,482 Cr
Real Time Net Worth #662 Ranking as of 21 Feb 2026 By Forbes

More on Zhang Yong

Gender

Male

Age

56Y

Country

Singapore

Born On

January, 1970

Deceased

No

Relationship Status

Married

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Restaurants)

Primary Organization

Haidilao International Holding

Titles

Co-Founder & Chairman

Sources of Wealth

Haidilao

Industry

Food & Beverage, Restaurants

About Zhang Yong


Z hang Yong is a Singaporean billionaire of Chinese origin who is the co-founder and chairman of Haidilao International Holding, one of the world's largest and most famous Chinese hot pot restaurant chains. His is a classic rags-to-riches story. A former welder in a state-owned tractor factory with no high school education, he and his wife, along with another couple, pooled their savings to open the first Haidilao restaurant in Sichuan province in 1994. With no restaurant experience, they decided to differentiate their business by focusing obsessively on providing exceptional customer service.

This strategy was a massive success. Haidilao became legendary for offering complimentary services like manicures, shoe shines, and snacks to customers who were waiting for a table. This created a powerful and loyal following and fueled the brand's explosive expansion from a single location into a global chain with hundreds of outlets. He took the company public on the Hong Kong Stock Exchange in 2018. He and his family have since relocated to Singapore and have become naturalized citizens, and he is often ranked as the richest person in his adopted country.

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Quick Reads


  • Co-founder and Chairman of the Haidilao hot pot restaurant chain.
  • A former factory welder, he is now often ranked as Singapore's richest person.
  • Built his company on a legendary model of exceptional customer service.
  • He co-founded the business in 1994 with his wife and another couple.
  • He took the company public in Hong Kong in 2018.

Early Life and Background


Zhang Yong is a Chinese businessman, the self-made billionaire Co-founder and Executive Chairman of Haidilao International Holding Ltd. (HKSE: 6862), the dominant global hot pot restaurant chain. His career is rooted in food service, hospitality, and entrepreneurial audacity.

Zhang's philosophical approach centers on scale, operational excellence, and long-term commitment to customer experience (pioneering the high-service, theatrical hot pot model). He co-founded Haidilao in 1994 with his wife, Shu Ping, recognizing the immense, untapped domestic and international demand for high-quality, themed dining experiences.

  • Haidilao International Holding (Co-founder & Chairman): The core publicly traded asset, the dominant global Chinese hot pot restaurant chain (operating over 1,300 restaurants globally).
  • Food Service Pioneer: His success is built on scale franchising/management and dominating the domestic and international market for experiential casual dining.
  • Investment Strategy: His philosophy is rooted in long-term investment in retail real estate and supply chain infrastructure and leveraging the massive global growth of the Chinese cuisine market.
  • Family Governance: He and his wife, Shu Ping, control the majority of the publicly traded company.

Career Journey of Zhang Yong


Zhang Yong's strategic genius was his commitment to extreme customer service. He co-founded Haidilao in 1994 in Jianyang, Sichuan Province. His structural contribution is immense: pioneering the modern, theatrical hot pot dining model (famous for manicure services for waiting customers) that transformed the Chinese food service sector. The company successfully executed its IPO on the Hong Kong Stock Exchange (HKSE) in 2018.

He and his wife have successfully expanded the chain globally (reaching over 1,300 locations). His wealth is secured by the colossal, long-term, stable profitability of the global food service and hospitality sectors.

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Zhang Yong's Timeline


1994:

Co-founds Haidilao with his wife, Shu Ping (Founding).

2010s:

Haidilao expands aggressively into international markets (Global Expansion Apex).

2018 (September):

Haidilao executes its successful IPO on the HKSE (Financial Milestone).

Ongoing:

Continues as Co-founder and Executive Chairman, guiding the global hospitality giant (Executive Oversight).

Major Business Ventures and Investments


Zhang Yong's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded hospitality giant, Haidilao International Holding Ltd. (HKSE: 6862), and his private investments.

  • Haidilao International Holding (Co-founder & Chairman): The core publicly traded asset, a major global Chinese hot pot restaurant chain (operating over 1,300 restaurants globally).
  • Food Service Pioneer: His success is built on scale franchising/management and dominating the domestic and international market for experiential casual dining.
  • Investment Strategy: His philosophy is rooted in long-term investment in retail real estate and supply chain infrastructure and leveraging the massive global growth of the Chinese cuisine market.

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Philanthropy and Social Impact


Zhang Yong's social impact stems from Haidilao's role as a massive global employer and provider of food service, creating thousands of jobs and pioneering specialized customer service training programs. The company contributes significantly to the global recognition of high-quality Chinese cuisine. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Zhang Yong maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the global food service sector.

Residing in Singapore (with operations globally), his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to retail scale, strategic management, and corporate governance.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Executive Chairman of Haidilao International Holding (global hot pot chain).
  • Haidilao is famous for its high-service, theatrical dining experience (including free manicures for waiting customers).
  • He and his wife, Shu Ping, control the majority of the company.
  • Haidilao operates over 1,300 restaurants globally.
  • His fortune is tied to the successful monetization and scale of the global Chinese cuisine market.
  • His philosophy emphasizes customer experience and operational excellence.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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