Zhang Yong

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Zhang Yong is a prominent Singaporean billionaire and influential entrepreneur, best known as the founder and chairman of the Haidilao International Holding Ltd., one of the world’s largest hotpot restaurant chains. Born on March 24, 1971, in Jianyang, Sichuan Province, China, Zhang's journey to becoming a billionaire is a classic rags-to-riches story that exemplifies entrepreneurial grit and innovation.

Zhang started his career working in various menial jobs, including welding, before entering the restaurant business. In 1994, he opened the first Haidilao restaurant in Jianyang with a modest investment. The name Haidilao, which means "fishing for a needle in the ocean," reflects the meticulous attention to detail and high standards that Zhang has consistently upheld in his business.

Haidilao quickly gained popularity for its exceptional customer service and high-quality food. Zhang introduced several innovative concepts, such as offering free manicures and snacks to waiting customers, which distinguished Haidilao from other hotpot restaurants and garnered a loyal customer base. His customer-centric approach and emphasis on creating a unique dining experience played a pivotal role in the brand’s rapid expansion.

Under Zhang's leadership, Haidilao expanded internationally, with hundreds of outlets across China and around the world, including in the United States, Japan, South Korea, and Singapore. The company went public in 2018, further boosting Zhang's wealth and solidifying Haidilao’s position as a global culinary phenomenon.

Zhang Yong’s business acumen extends beyond the restaurant industry. He has diversified his investments into other sectors, including technology and real estate, enhancing his financial portfolio and influence in the business world.

Despite his success, Zhang is known for his humble demeanor and low profile. He often emphasizes the importance of hard work, perseverance, and innovation, values that have been integral to his success.

Zhang Yong is a visionary entrepreneur whose leadership has transformed Haidilao into a global brand. His innovative approach to customer service and strategic business expansions have earned him a place among the world's most successful and influential business figures.

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