Kim Jung-ju
Jung-ju Kim is a South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon. He is the chairman and CEO of NXC Corporation, the holding company of Nexon, and a partner at Collaborative Fund, a New York based venture capital firm.
- 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.
