Billionaire Profile
Yao Runhao
Global Rank
#2479

Image: Public domain | via Wikimedia Commons

Yao Runhao

CEO, Paper Games
CN
Real-Time Net Worth
$1.3B
As of December 2025
Age
37
Source
Online games
Industry
media-entertainment
Citizenship
CN

Biography

Yao Runhao, a 37-year-old Chinese entrepreneur, is the founder and CEO of Paper Games, a Shanghai-based company. His net worth is estimated at $1.3 billion, primarily derived from the success of his online gaming ventures. Yao's career began after graduating from Waseda University in Japan. He established Paper Games in 2013 and has achieved remarkable success. Yao's company developed Love and Deepspace, an AI-powered dating simulation game. This innovative approach to gaming has not only captivated millions but has also significantly boosted Paper Games' valuation and Yao's personal wealth. Yao Runhao's achievements highlight the potential of the media-entertainment industry.

Wealth Over Time

In-Depth Profile

Early Life and Education

Yao Runhao, born in China, developed a passion for video games during his childhood. He pursued higher education, attending Waseda University in Japan, where he studied economics. During his time at university, he began exploring the possibility of creating his own games, laying the foundation for his future career.

Rise to Success

After graduating, Yao returned to China and founded Paper Games in 2013. The company initially focused on mobile games for female audiences. His first dating simulation game was released in 2017. The company's breakthrough came with the launch of Love and Deepspace in January 2024. This game, featuring AI-powered virtual boyfriends, quickly gained immense popularity, amassing around six million monthly active users.

Key Business Strategies

Yao's success stems from his understanding of the gaming market and his focus on a specific niche. His strategy involves:

  • Identifying an Underserved Market: Yao recognized the potential of creating games tailored to female audiences, a segment often overlooked by the industry.
  • Leveraging AI and Voice Recognition: The integration of advanced AI technology into Love and Deepspace provided an immersive and interactive experience.
  • Focus on Emotional Engagement: Yao's games emphasize emotional depth and storytelling, creating a strong connection with the players.

Philanthropy

I am sorry, but I could not find any verified amounts or information regarding Yao Runhao's philanthropic activities.

Career Milestones

2013

Founded Paper Games

Established the Shanghai-based gaming company.

2017

Launched first dating simulation game

Released first dating simulation game, Mr. Love: Queen's Choice

2024

Launched Love and Deepspace

Released Love and Deepspace, an AI-powered dating simulation game.