Zhang Hongfu

Zhang Hongfu

Zhang Hongfu (#942)

Global Rank #942
Country Rank #98
Country China

Zhang Hongfu is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 4 B
  • Bubble tea
  • China
  • M
  • 42 Years

Snapshot

Quick Facts

Global Rank #942
Country Rank #98
Net Worth $4.4B
Previous Worth $4.5B
Worth Change -$0.1B
Country China
Industry Bubble tea
Age 42 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 26 Jul 2026, 12:00 AM
Residence Zhengzhou, China
World Billionaires List China Billionaires Bubble tea

Profile Data

Personal Stats

Age 42
Source Of Wealth Bubble tea, Self Made
Residence Zhengzhou, China
Citizenship China
Net Worth Change -$0.1B -2.2% from previous worth
Previous Net Worth $4.5B
Current Net Worth $4.4B

Worth as of May 4, 2026

About Me

Zhang Hongfu is the CEO of Mixue Group, the world's second biggest seller of freshly-made drinks by annual cups sold after Starbucks. His elder brother Hongchao started a shaved ice shop in 1997 in China and opened the first Mixue Bingcheng store two years later. Hongfu joined in 2007. Nearly all-franchised, the Mixue Bingcheng chain offers bubble tea, lemonade, coffee and other drinks as well as ice cream at dirt-cheap prices across more than 50,000 stores, including nearly 5,000 overseas. The company went public in a $444 million Hong Kong IPO in March 2025. Hongchao is the chairman of the company and also a billionaire.

Wealth Growth

Net Worth Growth Over Time

Tracking Zhang Hongfu's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $4.4B (May 4, 2026)

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