Chi Yufeng – Billionaire

• Chi Yufeng chairs Shenzhen-listed entertainment firm Perfect World.
• Chi holds an undergraduate degree in chemistry from prestigious Tsinghua University and a MBA from CEIBS.

Chi founded Beijing Hongen Education and Technology Co., Ltd. in 1996. The company aimed to help millions of Chinese families learn to use computers in the 1990s. At present, Hongen educational products occupy a 50%-70% share of China market^[2].

Chi founded Perfect World Games in 2004 and served as the CEO and then co-CEO until March 2013. Chi led the company’s initial public offering on the Nasdaq in July, 2007. In January 2015, he submitted a proposal to the board of directors to take the company private and completed the privatization in April 2015^[3][4].

Chi created Perfect World Pictures Co., Ltd. in 2008. And he led the asset reformation of Perfect World Pictures and Perfect World Games to list on China’s A-shares market (ticker: 002624) in 2016.

Now, Perfect World is one of the largest Film & Game merging entertainment companies in China^[5].

Source:

1. forbes
2. wikipedia