David Zhao / RITUAL / August 16

David Zhao (Forbes 30U30) is a trailblazing entrepreneur and visionary leader, currently serving as the Co-founder and Managing Partner of Chubby Group, a prominent US-based F&B holding company. Hailing from Shanghai, China, David has been instrumental in transforming perceptions of Asian cuisine, shaping its image in the public eye.

David's journey began with a bold vision to shatter the stereotype of cheap Chinese takeout and introduce an upscale dining experience rooted in Asian traditions. Through the fusion of Michelin-starred concepts with traditional Asian food, he has elevated the dining experience, incorporating premium ingredients like Wagyu meat and delivering impeccable service.

Under his astute leadership, David Zhao and his partner have built an empire that now boasts an annual revenue exceeding $200 million. The portfolio of restaurants, including renowned establishments such as The X Pot, Wagyu House, Chubby Cattle, Mikiya, and Niku X, exemplifies David's commitment to redefining Asian cuisine in the Western world. Notably, he continues to innovate by integrating advanced technologies such as robot servers and fully automated kitchens. Moreover, he has pioneered the successful integration of Web3 and a groundbreaking NFT loyalty program, wherein members enjoy exclusive VIP benefits and ‘free food for life’! With the unwavering support of the community and investors, David aims to expand Chubby Group’s footprint from 20 locations to an impressive tally of 50 across America by the year 2025.

Beyond his entrepreneurial endeavors, David is deeply committed to personal growth, wellness, finance, philanthropy, and education. Through his social media platforms, he shares practical knowledge, tools, and tips to empower individuals to succeed in their respective fields, offering insights into business strategies, restaurateurship, and self-growth.