Cai Haoyu

Cai Haoyu (; born July 29, 1987), also known as Hugh Tsai, is a Chinese businessman, investor, and video game producer. He is best known as the co-founder and CEO of the video game company miHoYo. The Chinese magazine New Fortune ranked Cai in 73rd place on the "2022 New Fortune 500 Rich List" that ranks the 500 richest people in China.

Early life Cai was born in Jinan, Shandong, in 1987. His parents, Cai Zhili and Lu Zizhen, who both work as computer subject-related instructors of , began teaching him about computers after noticing his interest for it beginning when he was five years old and exhibiting his aptitude for it.

Cai attended Jinan Baliqiao Primary School , Jinan Foreign Language School, and Shandong Experimental High School. In 1996, he received the "Top Ten Teenagers in Tianqiao District, Jinan City" award.

Also at an early age, the young Cai exhibited entrepreneurial proclivities, which also influenced him as a youth to "conduct business." One of his first business ventures as a teenager was when he bought Xiaolingtong cordless telephones for cheap and sold them for a profit. As a junior in high school, he sold watches as a side venture. By the time Cai reached college, he became an active stock investor, where in one instance, his speculative success in stocks allowed him to earn a windfall profit over (US$) in a single month.

Career At SJTU, Cai became roommates with Liu Wei and Luo Yuhao.

Cai and his roommates secured a (US$) grant from the Shanghai Technology Innovation Center's Eagle Program. It began as a literary open source community. Cai is the chairman of miHoYo, which by 2021, made over ¥10billion (US$1.4billion) in revenue.

In May 2022, New Fortune, a Chinese magazine, published the "2022 New Fortune 500 Rich List" ranking the 500 richest people in China. Cai made his first appearance on the list in 73rd place at ¥56billion (US$8.7billion). Among the first 100 people on the list, Cai was the only person who made his fortune in the Chinese video game industry. miHoYo responded to the press that Cai would "continue to devote himself to the research and application of cutting-edge technology, the development of new projects, and the connection of domestic and overseas R&D resources." In late 2023, Cai announced the formation of Anuttacon, a California-based startup company, which would later announce its first game, titled Whispers from the Star, in 2025.

Family Cai Haoyu is based in Shanghai after graduating from Jiaotong University, but his parents and relatives still stay in Shandong, and he goes back to his hometown of Jinan every Spring Festival to visit his parents. Cai still has some close friends in Shandong and continues to maintain contacts and business contacts.