Haidilao chairman Zhang Yong’s net worth drops from S$18.6 billion to S$11.7 billion

Singapore — Zhang Yong, chairman of hot pot giant Haidilao, saw a S$6.9 billion drop in his net worth, following news of around 300 Haidilao outlets being closed or suspended due to poor performance. In 2019, Forbes named the 47-year-old restaurant tycoon Singapore’s richest man, with US$13.8 billion (S$18.6 billion). As of Tuesday (Nov 9), … Continue reading Haidilao chairman Zhang Yong’s net worth drops from S$18.6 billion to S$11.7 billion