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Searches did bring up one Duke Zhu as managing director of Macarthur Fortune, who has recently been appointed as a director of Jagex and chairman of the board, as you might expect, but no details of the funds other holdings were apparent.įukong reportedly encountered financial issues in 2019, which meant that the vast majority of its income was from Jagex alone. Macarthur Fortune isn’t easy to trace via the usual searches, so it’s hard to see who actually now controls the developer. However, there is some confusion around the identity of the new owners. And the deal has been rumoured as far back as the January of last year, with the eventual buyer being rumoured from the summer. That’s no huge surprise with jagex having a record year in 2019 and passing the $1bn lifetime revenue marker for Runescape.
That figure makes the company worth considerably more than when it was last sold in 2016 to Fukong Interactive (part of Shanghai Hongtou Network) for $300m. The new owner is described in a statement as “global asset management company, Macarthur Fortune, as part of its Platinum Fortune LP fund.”
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You can read the full text of the rules here.Jagex has today announced that it has been acquired by a new owner for the princely sum of $530m (£424m).
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