Zhang Xuansong

Net Worth

$1.114B

0% (24h)

Zhang Xuansong is the chairman of Yonghui Superstores, a major player in the Chinese supermarket industry. He co-founded the company with his brother, Zhang Xuanning, and has been instrumental in its growth since its founding in 2001. With a career spanning over two decades, Zhang has overseen Yonghui's expansion into a leading retail chain, focusing on fresh food and a modern shopping experience. His wealth stems from his significant stake in Yonghui Superstores. He was 44 years old in 2015 when he joined the ranks of the world's billionaires with a net worth of $1.4 billion. As of March 10, 2026, Zhang Xuansong is #3185 on Forbes' 2026 Billionaires list.

The Full Dossier

Early Life

Zhang Xuansong was born in China. Details of his early life and education are limited in the available resources. However, it is known that he co-founded Yonghui Superstores with his brother, Zhang Xuanning, and has been a key figure in the company's development from its inception.

Rise to Success

Zhang Xuansong's career is closely tied to the success of Yonghui Superstores. Founded in 2001, the company quickly grew into a major player in the Chinese supermarket industry. Zhang has served as the chairman, guiding the company through significant growth phases. Under his leadership, Yonghui Superstores expanded its operations, focusing on hypermarkets, marketplace, and supermarkets.

Key Business Strategies

Yonghui Superstores' success can be attributed to several key business strategies. The company has emphasized fresh food, and has adopted technology and digitization to enhance operation and organization efficiency. Zhang has also focused on increasing investment in science and technology to improve the competitiveness of the core business. Yonghui Superstores was listed on the Shanghai Stock Exchange in 2010.

Philanthropy

Specific details about Zhang Xuansong's philanthropic activities and the amounts donated are not available in the current search results.

Career Timeline

2021

Nominated Chairman of Yonghui

Nominated as chairman of the board of directors.

2015

Became a Billionaire

Zhang's net worth reached $1.4 billion due to gains in Yonghui's share price.

2010

Yonghui Superstores Listed on Shanghai Stock Exchange

The company's listing marked a significant milestone, providing capital for expansion and further solidifying its market position.

2001

Co-founded Yonghui Superstores

Zhang Xuansong co-founded Yonghui Superstores with his brother Zhang Xuanning, laying the foundation for the company's future growth.