Chen Tianqiao

Tianqiao Chen
陈天桥
Mr. Tianqiao Chen, pictured in 2015
Born 1973 (1973)
Zhejiang, China
Alma mater Fudan University
Occupation Founder Shanda Group, Co-founder Tianqiao and Chrissy Chen Institute
Spouse(s) Chrissy Luo

Tianqiao Chen (Chinese: 陈天桥; pinyin: Chén Tiānqiáo), born 1973 in Xinchang County, Zhejiang,[1] is a Chinese Singaporean[2] businessman. He started Shanda Group as an online games company with his family in 1999.[3]

Shanda became the first Chinese online games company listed in the U.S. on Nasdaq (NYSE: SNDA) in May 2004. The company became the largest Internet company in China by market capitalization in August 2004. Shanda is known for creating and promoting a freemium model for online games subscription in China. The company was taken private in early 2012, and Tianqiao Chen and his family subsequently sold all their stakes in Shanda Games in Nov 2014 when the company became a global private investment firm.

He is the board president and co-founder of Shanda Interactive Entertainment Limited. According to the Hurun Report Global Rich List 2014.,[4] he currently ranks as 98th richest person in Mainland China, and 717th richest in the world. In 2010 Forbes listed him as the 10th richest individual in the People's Republic of China[5] and the 828th richest in the world.[6] In February 2017, Tianqiao Chen was appointed to the Board of Directors at Legg Mason (NYSE: LM) as Vice Chairman of the Board.[7] He has a highly influential minority stake (22.1%) in Community Health Systems (CHS) of Franklin, Tennessee, America's second-largest investor-owned hospital company with 130 hospitals.[8]

See also

References

  1. ↑ "Missing China mogul reappears in Singapore with US$1 billion for brain research". Today. Retrieved 16 August 2017.
  2. ↑ Rashiwala, Kalpana (Jan 20, 2017). "Shanda gaming co-founder buys GCB for $23 million". The Business Times.
  3. ↑ "Chinese billionaire with ambitions to reshape investment models". Financial Times. (subscription required)
  4. ↑ Hurun Report Global Rich List 2014
  5. ↑ "China's Richest: #10 Chen Tianqiao". Forbes. Retrieved 24 June 2011.
  6. ↑ "The World's Billionaires: #828 Chen Tianqiao". Forbes. 3 October 2010. Retrieved 24 June 2010.
  7. ↑ "BRIEF-Legg Mason appoints Tianqiao Chen and Robert Chiu to its board". Reuters.
  8. ↑ Barkholz, D. Chen's 22% CHS stake carries clout - with or without a board seat. Modern Healthcare. August 17, 2017
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