Singapore HQ & China Online Gaming Shanda Interactive Billionaire Co-Founder Chrissy Luo Qian Qian Sells Singapore 24,000 Sq Ft Bungalow at Tanglin Hill for $59 Million (S$76 Million), Bought for $30 Million (S$38.8 Million) in 2011, Shanda Interactive Founded in 1999 by Chen Tianqiao, Chrissy Luo & Chen Danian, Chen Tianqiao & Chrissy Luo are Husband & Wife, Chen Tianqiao & Chen Danian are Brothers
6th June 2026 | Hong Kong
Singapore headquartered & China online gaming Shanda Interactive billionaire co-founder has sold Singapore 23,979 sq ft bungalow at Tanglin Hill for $59 million (S$76 million), having bought for $30 million (S$38.8 million) in 2011. Shanda Interactive was founded in 1999 by Chen Tianqiao, Chrissy Luo & Chen Danian. Chen Tianqiao & Chrissy Luo are husband & wife, and Chen Tianqiao & Chen Danian are brothers. In 2025 December, Singapore headquartered & China online gaming Shanda Interactive billionaire Chen Tianqiao investment firm (Shanda Investment Group) announced to support the growth of AI company Tanka AI (AI & messaging application) including as investor. Shanda Group family office unit GRAB Ventures, invested in around 100 venture capital firms. Tanka AI was founded by serial entrepreneur Kisson Lin (Previously Meta & TikTok). In 2024 January, Chen Tianqiao was listed as the 2nd largest foreign owner of United States land & the 82nd largest owner in United States with the acquisition of 198,000 acres of Oregon timberland in 2015 for $85 million, with beneficial owner disclosed as Shanda Asset Management. Shanda was privatized in 2012 by founder Chen Tianqiao for $2.3 billion. Profile: “Tianqiao Chen is the founder of the Shanda Group, founded in 1999. Tianqiao is considered a pioneer of the online game and online literature industries in China and he has been described as one of the most innovative entrepreneurs of his time. In 2012, Chen and his family took Shanda’s parent company private and Shanda Group became a family-owned, global investment company. Mr. Chen and his wife, Chrissy Luo, have always been active in philanthropy. In late 2016, they created the Tianqiao & Chrissy Chen Institute and committed US $1 billion to support the advancement of fundamental brain science.” Shanda Group comprises of Shanda Interactive Entertainment, Shanda Investment (Public market investment, venture capital, incubator), Shanda Asset Management (Real estate, natural resource) & Philanthropy.”
“ Singapore HQ & China Online Gaming Shanda Interactive Billionaire Co-Founder Chrissy Luo Qian Qian Sells Singapore 24,000 Sq Ft Bungalow at Tanglin Hill for $59 Million (S$76 Million), Bought for $30 Million (S$38.8 Million) in 2011, Shanda Interactive Founded in 1999 by Chen Tianqiao, Chrissy Luo & Chen Danian, Chen Tianqiao & Chrissy Luo are Husband & Wife, Chen Tianqiao & Chen Danian are Brothers “
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Singapore HQ & China Online Gaming Shanda Interactive Billionaire Chen Tianqiao Investment Firm (Shanda Investment Group) to Support Growth of AI Company Tanka AI (AI & Messaging Application) Including as Investor, Shanda Group Family Office Unit GRAB Venture Invested in Around 100 Venture Capital Firms, Tanka AI Founded by Serial Entrepreneur Kisson Lin (Previously Meta & TikTok)
30th December – Singapore headquartered & China online gaming Shanda Interactive billionaire Chen Tianqiao investment firm (Shanda Investment Group) is supporting the growth of AI company Tanka AI (AI & messaging application) including as investor.Shanda Group family office unit GRAB Venture, which has invested in around 100 venture capital firms. Tanka AI was founded by serial entrepreneur Kisson Lin (Previously Meta & TikTok). In 2024 January, Chen Tianqiao was listed as the 2nd largest foreign owner of United States land & the 82nd largest owner in United States with the acquisition of 198,000 acres of Oregon timberland in 2015 for $85 million, with beneficial owner disclosed as Shanda Asset Management. Shanda was privatized in 2012 by founder Chen Tianqiao for $2.3 billion. Profile: “Tianqiao Chen is the founder of the Shanda Group, founded in 1999. Tianqiao is considered a pioneer of the online game and online literature industries in China and he has been described as one of the most innovative entrepreneurs of his time. In 2012, Chen and his family took Shanda’s parent company private and Shanda Group became a family-owned, global investment company. Mr. Chen and his wife, Chrissy Luo, have always been active in philanthropy. In late 2016, they created the Tianqiao & Chrissy Chen Institute and committed US $1 billion to support the advancement of fundamental brain science.” Shanda Group comprises of Shanda Interactive Entertainment, Shanda Investment (Public market investment, venture capital, incubator), Shanda Asset Management (Real estate, natural resource) & Philanthropy.”
Singapore HQ & China Online Gaming Shanda Interactive Billionaire Chen Tianqiao Listed as 2nd Largest Foreign Owner of United States Land & 82nd Largest Owner in United States with Acquisition of 198,000 Acres of Oregon Timberland in 2015 for $85 Million with Beneficial Owner Disclosed as Shanda Asset Management, Shanda Privatized by Founder in 2012 for $2.3 Billion
11th January 2024 – Singapore headquartered & China online gaming Shanda Interactive billionaire Chen Tianqiao has been listed as the 2nd largest foreign owner of United States land & the 82nd largest owner in United States with the acquisition of 198,000 acres of Oregon timberland in 2015 for $85 million, with beneficial owner disclosed as Shanda Asset Management. Shanda was privatized in 2012 by founder Chen Tianqiao for $2.3 billion. Profile: “Tianqiao Chen is the founder of the Shanda Group, founded in 1999. Tianqiao is considered a pioneer of the online game and online literature industries in China and he has been described as one of the most innovative entrepreneurs of his time. In 2012, Chen and his family took Shanda’s parent company private and Shanda Group became a family-owned, global investment company. Mr. Chen and his wife, Chrissy Luo, have always been active in philanthropy. In late 2016, they created the Tianqiao & Chrissy Chen Institute and committed US $1 billion to support the advancement of fundamental brain science.” Shanda Group comprises of Shanda Interactive Entertainment, Shanda Investment (Public market investment, venture capital, incubator), Shanda Asset Management (Real estate, natural resource) & Philanthropy.”
Tianqiao Chen, Shanda Group Founder, Chairman & CEO
Tianqiao Chen is the founder of the Shanda Group which, since 1999, has had three subsidiaries listed on NASDAQ and one on KOSDAQ. Tianqiao is considered a pioneer of the online game and online literature industries in China and he has been described as one of the most innovative entrepreneurs of his time. In 2012, Chen and his family took Shanda’s parent company private and Shanda Group became a family-owned, global investment company. Mr. Chen and his wife, Chrissy Luo, have always been active in philanthropy. In late 2016, they created the Tianqiao & Chrissy Chen Institute and committed US $1 billion to support the advancement of fundamental brain science. By first creating strategic partnerships with Caltech, Huashan Hospital and Shanghai Mental Health center the couple quickly established themselves in the sector. Since then, they have built on this strong foundation by creating the Chen Frontier Labs and launching programs to support hundreds of young scientists and brain-focused conferences around the world. Tianqiao holds a Bachelor of Arts degree in Economics from Fudan University.
Chrissy Luo, Shanda Group Founder, Vice Chairwoman & President
Chrissy Luo is founder, Vice Chairwoman and President of Shanda Group. She is also the founder of the Tianqiao and Chrissy Chen Institute which she and her husband created in 2016 to help advance fundamental brain science. Directly involved in Shanda’s day-to-day operations, as President, Chrissy oversees company-wide operations, group communications, and the group’s timberland operations., Since its inception, she has held a number of executive positions at the company including the role of Group CFO from 1999 – 2004. Prior to co-founding Shanda, Chrissy was an investment banker at Zhe Jiang Jin Xin Security Company in Shanghai. As experienced philanthropists, Chrissy and her husband emphasize patience, flexibility and due diligence as the hallmark of strategic philanthropy and thoughtful giving. With their commitment to donate a total of one billion dollars to brain research, they are creating a historic initiative that they hope will help humanity better understand ourselves and the world. To support science and education and to serve the community, Chrissy became a member of the California Academy of Sciences’ Board of Trustees in September 2022. She is also on the board of Governors at the Huntington Library, Art Museum, and Botanical Gardens and a member of the China Leadership Board at the 21st Century China Center at University of California, San Diego. Chrissy has a Bachelor of Economics degree from the China Institute of Finance (now part of the University of International Business and Economics).
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