Billionaire Profile
Yao Runhao
Global Rank
#2695

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Yao Runhao

CEO, Online games
CHINA
Real-Time Net Worth
$1.337B
Estimated based on Online games stock value as of March 6, 2026
0% (24h)
Age
38
Source
Online games
Industry
technology
Citizenship
CHINA

Biography

Yao Runhao is the 38-year-old chairman and CEO of Paper Games, a Shanghai-based company that has found success in the gaming industry, specifically with female-oriented mobile games. His net worth is estimated at $1.3 billion, primarily from his majority stake in the company. Yao Runhao's wealth source is online games, and he has achieved this through innovative AI-driven dating simulation games like 'Love and Deepspace', which launched in January 2024. His career began modestly, developing mobile games while pursuing a master's degree at Waseda University in Japan. His achievements include founding Paper Games and leading the development of successful titles like 'Love and Producer' and 'Love and Deepspace', which have garnered millions of players and significant revenue.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Yao Runhao's journey began with a passion for gaming. He pursued a master's degree in economics at Waseda University in Japan around 2012. During this time, he started developing mobile games as a side project. His early efforts included a fashion game developed in collaboration with his wife, who had a background in fashion design.

Rise to Success

In 2013, Yao returned to China and established Paper Games. The initial fashion game evolved into the Nikki mobile series. In 2014, the company received funding from investment firm IDG. Over the years, the company launched several successful games, including dating simulation games like 'Love and Producer,' which gained popularity and significant revenue. In January 2024, Paper Games released 'Love and Deepspace,' an AI-powered dating simulation game that propelled Yao Runhao into billionaire status.

Key Business Strategies

Paper Games' success can be attributed to several key strategies. Firstly, the company focused on female-oriented games, understanding the preferences of its target audience. Secondly, they utilized AI and voice recognition to create immersive experiences in games like 'Love and Deepspace.' The ability to offer personalized interactions and strong emotional connections between players and characters has led to high player engagement and monetization.

Philanthropy

I am sorry, but I am unable to find any information on Yao Runhao's philanthropic activities.

Career Milestones

2013

Founded Paper Games

Established Paper Games after returning to China.

2017

Launched 'Love and Producer'

Released Paper Games' first dating simulation game.

2024

Launched 'Love and Deepspace'

Released the AI-powered dating simulation game that contributed to his billionaire status.