He is crowned Singapore's richest man for the second year running. His wife, Shu Ping, also a co-founder of the hot pot restaurant chain, joins him on the list this year, too. The list sees four new entrants including co-founder of Shenzhen Mindray Bio-Medical Electronics, Li Xiting, worth US$17.8 billion, who comes in at second place
Forbes has released its annual 50 Richest list for 2020 and in the top spot for the second consecutive year in Singapore is Zhang Yong, the billionaire co-founder of successful Sichuan hot pot restaurant chain Haidilao. This year, his wife, Shu Ping, joins him at the top. She is also a co-founder and director of their brand, which was founded in China back in 1994. Self-made billionaire Zhang, who is now a naturalised Singapore citizen, is also China’s richest restaurateur and currently owns over 300 Haidilao outlets all over the world. The couple’s combined net worth is US$19 billion.