RedCarpetLife
Billionaires
Business
Luxury Lifestyle
Lists
World Leaders
Fashion & Style
Tools
Featured Articles
Learn Finance with Arthalogy
Advertise with RedCarpetLife
Contact Us
Careers at RedCarpetLife
Meet Our Authors
About Us
Correction or Feedback
Terms of Use
Privacy Policy
2531
In the world today
Xu Zhenhua

Xu Zhenhua

X. Zhenhua
0% | + $0.00M
$1.5 B ₹ 13,643 Cr
Real Time Net Worth #2531 Ranking as of 21 Feb 2026 By Forbes
Check Your Ranking

More on Xu Zhenhua

Gender

Male

Age

47Y

Country

China

Born On

January, 1979

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Gaming)

Primary Organization

Moonton Games

Titles

Co-Founder

Sources of Wealth

Online Games

Industry

Media-Entertainment, Technology

About Xu Zhenhua

X u Zhenhua is a co-founder of Moonton Games, the Shanghai-based developer behind the global mobile hit "Mobile Legends: Bang Bang." Born in Shanghai, he graduated from university in 2000 and entered the gaming industry in 2002. He spent several years at Tencent, working on various online game projects, before leaving to co-found Moonton in 2014.

As a key leader at Moonton, Xu helped steer the company's strategy, leading to the creation of one of the world's most popular mobile MOBA games. His career reached a major milestone in 2021 when ByteDance acquired Moonton for approximately $4 billion, a deal that made him a billionaire. He continues to be involved in the company's leadership as it operates under ByteDance's ownership.

Advertisement

Quick Reads

Early Life and Background

Xu Zhenhua is a Chinese businessman and self-made technology billionaire, the Cofounder of Moonton Games, a business bought by TikTok parent ByteDance for approximately $4 billion in 2021.

Xu worked at Chinese online game leader Tencent before taking the plunge as an entrepreneur himself. He cofounded Moonton with Justin Yuan, who is also a billionaire.

  • Core Company: Moonton Games, best known for "Mobile Legends: Bang Bang".
  • Major Event: Bought by ByteDance for $4 billion in 2021.
  • Prior Experience: Worked at Chinese online game leader Tencent.

Career Journey of Xu Zhenhua

Xu Zhenhua leveraged his experience at Tencent to create highly successful mobile gaming IP. The company's flagship game, "Mobile Legends: Bang Bang," became a massive global hit, driving the company's valuation.

The successful sale of Moonton to ByteDance for approximately $4 billion in 2021 secured his billionaire status. His cofounder, Justin Yuan, is also a billionaire from the venture.

Advertisement

Xu Zhenhua's Timeline

Pre-2021:

Worked at Tencent before founding Moonton Games.

2021:

ByteDance buys Moonton Games for approximately $4 billion.

Major Business Ventures and Investments

Xu Zhenhua's wealth is concentrated in the liquid proceeds from the sale of Moonton Games to ByteDance and his continued equity in the gaming sector.

  • Moonton Games (Cofounder): Developer of global hit "Mobile Legends: Bang Bang".
  • Acquisition: Sold to ByteDance for approximately $4 billion in 2021.
  • Sector Focus: Mobile gaming and interactive entertainment.

Advertisement

Philanthropy and Social Impact

Fashion, Style, and Lifestyle

Advertisement

Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He cofounded Moonton Games, which developed the hit game "Mobile Legends: Bang Bang".
  • ByteDance bought Moonton for approximately $4 billion in 2021.
  • He worked at Chinese online game leader Tencent before becoming an entrepreneur.

Advertisement

More Profiles

Clemens Toennies

Clemens Toennies

#2842

+0.21% | +$2.64M

Niels Peter Louis-Hansen

Niels Peter Louis-Hansen

#902

+0.22% | +$10.29M

You May Like

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

Sponsored Content