News Other

PUBG is now partnered with China's richest man


Last Wednesday, the Hurun Report declared Tencent's chief executive officer and founder, Pony Ma Hauteng, as the richest man in China. You might recall that in September last year, Tencent acquired a stake in Bluehole. The PlayerUnknown's Battlegrounds developer and publisher, PUBG Corporation, is a subsidiary of Bluehole.

Tencent Games is also the largest gaming company in the world by revenue. Its portfolio includes shares in popular titles like League of Legends, and PlayerUnknown's Battlegrounds mobile rights in China, to name but a few. Hauteng founded Tencent 19 years ago, and today it is the world's biggest investment corporation.

According to the Hurun Global Rich List of 2018 which ranks the world's top 100 billionaires, Hauteng is the 15th richest man in the world, with a net worth of 47 billion USD. Amazon's Jeff Bezos is currently in the number one spot. It's interesting to note that over the past year, both Tencent and Hauteng's wealth skyrocketed. Since the previous report Hauteng moved up from the 23rd position, that's a jump of eight positions and a 114% growth! According to the same report, Tencent is the fourth largest company founded by a billionaire on the Hurun list.

It is a remarkable achievement for Hauteng as China also holds the world's most billionaires (third year in a row), beating the USA with 819 billionaires against 571. Over the past few years Tencent has gradually added gaming companies to their portfolio, and with such a healthy financial outlook, it can only mean good things for gaming,

Last month, the official PlayerUnknown's Battlegrounds mobile game released in China via iTunes and Google Play. Tencent promised to make two mobile versions of PUBG; one which is based on the PC and Xbox One versions of the game, and the other an arcade-style game.

Han: Twitter / MWEB GameZone: Instagram | Twitter | Facebook | YouTube

Other news from around the NET:

Recent Comments

Community on Disqus

Latest Reviews

Forza Horizon 4 Review

Forza Horizon 4 Review


With a gorgeous open world, epic car roster and a new seasonal system, this year's Forza is the best...

V-Rally 4 Review

V-Rally 4 Review


V-Rally 4 delivers some great off-road racing that all rally fans will enjoy.

comments powered by Disqus