Future Human
The Chinese Buddhist Billionaire Who Wants to Fix Your Brain
China’s first internet titan is throwing billions at the mysteries of our gray matter
Chen Tianqiao could easily be mistaken for someone enjoying retirement. It’s not just his attire: a short-sleeved white shirt with a floral pattern down the middle, relaxed blue trousers, a pair of camo sneakers. Chen, who founded the online gaming company Shanda in 1999 and piloted it to an IPO in 2004, could enjoy an early retirement if he wanted. As China’s first true internet tycoon, he was a billionaire by age 30. And then he disappeared.
In 2010, Chen moved to Singapore with his family and took Shanda private while selling off what shares he still owned in its subsidiary companies. He wouldn’t have been the first dotcom billionaire to get out of the game young and spend the rest of his life enjoying his money. But that’s not why Chen stepped away from the business world. In the mid-2000s, when Shanda was at its peak, he began suffering intense, debilitating anxiety attacks that were compounded by a cancer scare. “I remember some nights, I wake up, and my heart is going boom, boom, boom,” Chen says. “I realized something terrible was happening to me.” The only way to survive was to leave the company he had created.