Early Life and Education
Shi Yuzhu was born in 1962 in Huaiyuan County, Anhui, China. He demonstrated a passion for reading and knowledge early in life. He graduated from Zhejiang University with a degree in mathematics, later pursuing postgraduate studies in software engineering at Shenzhen University.
Rise to Success
Shi Yuzhu's entrepreneurial journey began in the 1980s. He initially gained recognition in the computer hardware industry before achieving significant success in online gaming. In 1991, he created a massive following with Zhuhai Giant Hi-Tech Group, driven by the popularity of a single video game. Despite challenges, including the collapse of Zhuhai Giant due to debt, Shi made a remarkable comeback. He founded Giant Interactive Group in 2005, which went public in the U.S. in 2007. He is known for a bold business style and unconventional marketing tactics.
Key Business Strategies
Shi's business strategy has consistently involved identifying and capitalizing on market opportunities. His online game, ZT Online, was an instant hit. He has also shown an aptitude for investing, with stakes in China Minsheng Bank and Huaxia Bank. Shi has shown a willingness to adapt and diversify, including venturing into the Chinese rice wine market.
Philanthropy
Specific details on his philanthropy amounts are not readily available in the search results.