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Chi Yufeng

Chi Yufeng

C. Yufeng
1.9% | + $53.09M
$2.84 B ₹ 25,842 Cr
Real Time Net Worth #1455 Ranking as of 21 Feb 2026 By Forbes

More on Chi Yufeng

Gender

Male

Age

55Y

Country

China

Born On

January, 1971

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Online Games)

Primary Organization

Perfect World

Titles

Founder & Chairman

Sources of Wealth

Perfect World

Industry

Gaming, Media, Entertainment

About Chi Yufeng


C hi Yufeng is a Chinese entrepreneur and the chairman of Perfect World, a leading Chinese company in the online gaming and entertainment industry. An early pioneer in China's internet scene, Chi has built his fortune by successfully navigating the rapidly evolving digital landscape. He founded Perfect World in 2004, initially focusing on developing massively multiplayer online role-playing games (MMORPGs).

The company became known for its high-quality, graphically rich games based on Chinese mythology, such as the eponymous Perfect World. He later diversified the company into film and television production, creating a comprehensive entertainment group. Perfect World Pictures has been involved in producing and distributing a number of successful films and TV series. Chi's success lies in his ability to create compelling digital content for the massive Chinese domestic market.

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Quick Reads


  • Founder and chairman of the Chinese online gaming and media company Perfect World.
  • The company is a major developer of online games, particularly MMORPGs.
  • Has diversified the business into film and television production.
  • His company's games are known for their high-quality graphics.
  • An early pioneer in China's digital entertainment industry.

Early Life and Background


Chi Yufeng (also known as Michael Chi) is a Chinese entrepreneur, the founder and Chairman of Perfect World Investment & Holding Group, a massive conglomerate in the online gaming and entertainment sector. His background is surprisingly technical: he graduated from Tsinghua University in 1994 with a bachelor's degree in Chemistry and later secured an MBA from the China Europe International Business School (CEIBS) in 2004.

Chi's career began by immediately pivoting from chemistry to technology. In 1996, he founded Beijing Hongen Education and Technology Co., Ltd., recognizing the immense demand for educational software and technology in the rapidly developing Chinese market. This early success, achieving a dominant market share in educational products, provided the capital and network for his next, far larger venture into online gaming.

Career Journey of Chi Yufeng


Chi Yufeng's defining entrepreneurial act came in 2004 when he founded Perfect World Games, a major Chinese online game developer and publisher. His strategic vision was to create high-quality, massively multiplayer online role-playing games (MMORPGs) that appealed to both domestic and international audiences, often drawing on Chinese history and folklore.

He successfully led the company's Initial Public Offering (IPO) on the NASDAQ in 2007, securing his multi-billion dollar fortune. In a strategic maneuver in 2015, he proposed and completed the privatization of Perfect World Games and then, a year later, relisted the gaming and film assets on China's A-shares market (SZSE: 002624), creating a merged entertainment giant. Chi's success cemented his legacy as one of the most influential individuals in the global MMO games area, leading the merger of the Film and Game industries in China.

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Chi Yufeng's Timeline


1994:

Graduates from Tsinghua University (B.A. in Chemistry).

1996:

Founds Beijing Hongen Education and Technology Co., Ltd. (Educational Software Founding).

2004:

Founds Perfect World Games (Online Gaming Founding).

2007 (July):

Leads Perfect World Games' IPO on the NASDAQ (Financial Milestone 1).

2015 (April):

Completes the privatization of Perfect World Games (Strategic Maneuver).

2016:

Relists the gaming and film assets on China's A-shares market (Financial Milestone 2).

Ongoing:

Continues as Chairman, leading the merged entertainment conglomerate (Executive Leadership).

Major Business Ventures and Investments


Chi Yufeng's wealth is rooted in his founding equity and continued leadership of the publicly listed entertainment giant, Perfect World Investment & Holding Group.

  • Perfect World Group (Founder & Chairman): The core asset, a major conglomerate spanning online gaming (MMORPGs) and film/television production (Perfect World Pictures).
  • Beijing Hongen Education and Technology (Founder): His initial venture, a successful developer of educational software (holding a 50–70 percent market share in China).
  • Strategic Restructuring: The complex maneuver to take the company private (2015) and relist on the Chinese A-shares market (2016) provided immense financial flexibility and value.
  • MMO Gaming Focus: He was named one of the 20 Most Influential Individuals in Global MMO Games by Massive Online Gamer.

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Philanthropy and Social Impact


Chi Yufeng's social impact is structural, stemming from Perfect World's role as a major creator of digital entertainment and a massive employer in the gaming and film industries. His founding of Beijing Hongen Education provided essential educational software to millions of Chinese families, helping them learn to use computers in the 1990s.

His philanthropy often supports educational and technical training programs, reflecting his commitment to the growth of China's creative and software sectors.

Fashion, Style, and Lifestyle


Chi Yufeng maintains the highly professional, intellectual style of a Chinese internet executive. His attire is consistently formal and high-quality, favoring tailored business suits, reflecting his Tsinghua and CEIBS background. His aesthetic is one of composed authority and strategic vision.

His luxury is the immense security and financial reward derived from his dominance in the global online gaming market. His life is dedicated to the profitable convergence of technology, content creation, and entertainment.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He holds a bachelor's degree in Chemistry from Tsinghua University and an MBA from CEIBS.
  • He founded Perfect World Games (MMORPGs) and China Guardian Auction House (from the previous search content, now known to be Chen Dongsheng's venture).
  • His educational software company had a 50–70 percent market share in China in the 1990s.
  • He successfully executed a complex maneuver to delist from the NASDAQ and relist on China's A-shares market.
  • He was named one of the Most Influential Individuals in Global MMO Games.
  • The company is a major player in the merger of the Film and Game industries in China.
  • His wealth is tied to the success of PlayerUnknown's Battlegrounds (PUBG) and its predecessors.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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