Kim Jung-ju
Overview
- Source of Wealth
- online games
- Industry
- Technology
- Residence
- Organization
- Nexon
- Education
- Korea Advanced Institute of Science and Technology (Doctorate)Korea Advanced Institute of Science and Technology (Master of Science)Seoul National University (Bachelor of Arts/Science)
- Children
- 2
Assets
- Nexon420,700,000 shares @ --3659-JP
Biography
Kim Jung-ju is founder of South Korean online-gaming company Nexon; he is chairman of its holding company NXC.
In 2016 Kim was found not guilty of bribery charges after being indicted for giving money to a prosecutor, who was his good friend from university.
Kim resigned as a director of Nexon after the allegation. His acquittal was made on the lack of evidence that any favors were actually granted.
NXC diversified into cryptocurrency and now holds 83% of Korbit, an exchange based in Seoul.
In 2018 Kim pledged $93 million to startups and children's hospitals, and vowed that his children will not inherit his stake in the company.
About
Nexon is now South Korea's largest gaming company, with at least 350 million users in more than 72 countries.
Nexon launched the world's first online game, Baram e Nara (The Kingdom of the Wind), in 1994, and later produced such hits as MapleStory, Mabinogi, and KartRider.