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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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.
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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Co-founds Haidilao with his wife, Shu Ping (Founding).
Haidilao expands aggressively into international markets (Global Expansion Apex).
Haidilao executes its successful IPO on the HKSE (Financial Milestone).
Continues as Co-founder and Executive Chairman, guiding the global hospitality giant (Executive Oversight).
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.
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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.
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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-0.14% | -$7.40M
-0.14% | -$2.84M
This profile is compiled from verified biographical and financial records:
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