Haidilao's Zhang Yong Debuts At No. 1 On The 2019 Forbes Singapore Rich List [Forbes]
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Source: Forbes
Haidilao's Zhang Yong Debuts At No. 1 On The 2019 Forbes Singapore Rich List SINGAPORE (August 29, 2019) – Hot-pot billionaire Zhang Yong, founder of Haidilao International, is Singapore’s richest with a net worth of US$13.8 billion, according to the 2019 Forbes Singapore Rich List. He makes his debut on this year’s list, which can be found here Zhang, who was featured previously among China’s richest, is now a naturalized Singapore citizen and resident. His company is also increasingly global in its expansion. He replaces real estate siblings Robert and Philip Ng of Far East Organization, who are now at No. 2 with a combined wealth of $12.1 billion. The Ng family’s fortune continues to benefit from premium prices for its high-end properties, which remain undented by the recent political ructions in Hong Kong or by Singapore’s slowing economy. The Ng brothers had previously occupied the top spot on the Singapore Rich List every year this decade. A recent Singapore government forecast
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