Billionaire Profile
Chi Yufeng
Global Rank
#1834

Image: Public domain | via Wikimedia Commons

Chi Yufeng

CEO, Perfect World Co., Ltd.
CN
Real-Time Net Worth
$2.24B
As of December 2025
Age
54
Source
Software
Industry
technology
Citizenship
CN

Biography

Chi Yufeng, born September 15, 1971, is a prominent Chinese entrepreneur and the founder and chairman of Perfect World Investment & Holding Group. His primary source of wealth stems from the software and technology industries, which has allowed him to become a billionaire. Chi founded Beijing Hongen Education and Technology Co., Ltd. in 1996 and Perfect World Games in 2004, leading the latter to a Nasdaq IPO in 2007. He has received recognition as one of the "Outstanding Young Persons of China's Software Industry" and "Chinese Business Figures of the Year."

Wealth Over Time

In-Depth Profile

Early Life

Chi Yufeng was born on September 15, 1971, and showed an early interest in technology and innovation. He earned a bachelor's degree in chemistry from Tsinghua University in 1994 and an MBA from China Europe International Business School in 2004.

Rise to Success

Chi's career began with the founding of Beijing Hongen Education and Technology Co., Ltd. in 1996, which focused on educational software development. In 2004, he founded Perfect World Games, a leading online game developer and publisher. He led Perfect World Games' initial public offering on the Nasdaq in 2007. In 2008, he created Perfect World Pictures Co., Ltd., a film and television production company, and led the asset reformation of Perfect World Pictures and Perfect World Games to list on China’s A-shares market in 2016.

Key Business Strategies

Chi's business strategies included developing and publishing online games and expanding into film and television. He focused on quality and strategic partnerships, with the company's logo appearing in many Oscar-winning films. He also emphasized value, teamwork, and selflessness, which helped to achieve success and attract and retain employees.

Philanthropy

Perfect World has been involved in social welfare for many years, helping employees find their place in society. The company is also involved in volunteer work, organizing educational events in rural primary schools and donating money and books.

Career Milestones

1996

Founded Beijing Hongen Education and Technology Co., Ltd.

Focused on educational software development.

2004

Founded Perfect World Games

Leading Chinese online game developer and publisher.

2007

Led Perfect World Games IPO

Initial public offering on the Nasdaq.

2008

Created Perfect World Pictures Co., Ltd.

Film and television production company.

2016

Led asset reformation for A-shares listing

Listed on China’s A-shares market.

Philanthropy & Social Impact

Social Welfare

Social Welfare Programs

Undisclosed

Helps employees find their place in society.

Education

Educational Events and Donations

Undisclosed

Organizes events and donates money and books to rural primary schools.

Business Philosophy & Leadership

Notable Quotes

""If we want to become a very good company and be compatible with foreign markets, we must pay great attention to strategy and pursuit high quality of products and services.”"

Leadership Principles

Value and Teamwork

Emphasizes the importance of these values.

Selflessness

Promotes a selfless approach to leadership.

Focus on Quality

Prioritizes high-quality products and services.