Wang Sicong, son of property tycoon Wang Jianlin, China's richest man, made a profit of about 194 million yuan ($30 million) in just 8 months by a wise investment in a South Korean film company.

Wang and his private equity firm, Pusi Capital invested $10 million in the South Korean visual effects group Dexter Studios this April. After being successfully listed in KOSDAQ, a trading board in South Korea on Dec. 22, the firm’s market value increased to $260 million.

It not only tripled the initial assessment of Wang, but also earned him 194 million yuan (about $30 million) in eight months.

Founded in January 2012, Dexter has been involved in the production of many box-office hits including Chronicles of the Ghostly Tribe.

Wang’s Pusi Capital started in 2009 with 500 million yuan investment allegedly from his father.

According to the company’s official website, Pusi Capital has invested in 22 projects, 6 of which are listed in the capital market. Game industry occupies a lion share in those investments, including E-Sports game league buyout and share acquisitions.

The South Korea media also cited Wang as saying that he plans to invest $100 million in South Korea’s culture and entertainment industry next year during an interview when Dexter got listed.

Known in China as a high-profile “second-generation rich”, Wang had his name mentioned in 2015 Hurun China Rich List with a wealth of 4 billion yuan ($625 million) months ago.