What is Kim Tack-Jin's Net Worth?
Kim Tack-Jin is a South Korean businessman who has a net worth of $1.1 billion. Kim Tack-Jin made a fortune in the online gaming industry. While still at the Seoul National University, he developed software that let users practice typing in Korean. Shortly upon his graduation, he set up NCSoft, a South Korea-based online video and mobile game developing company. Just one year after its 1997 foundation, the company launched its first game, Lineage, after which it turned into the world's top online game company.
Other popular games produced by the company are Aion, Guild Wars, Wildstar and City of Heroes. Today, NCSoft has expanded beyond the boundaries of South Korea opening subsidiaries in the U.S.A., Thailand, Japan, China and England. With around 3,000 employees, the company has estimated revenues of $686.6 million (2012). Reportedly, Kim Tack-Jin sold 25% of his stake at Nexon in June 2012. That earned him $685 million and left him approximately 10% of the company's stakes.
