Kwon Hyuk-Bin – Billionaire
Kwon Hyuk-Bin
Smilegate Holdings
REAL TIME NET WORTH — as of 4/21/17
$6 B
Kwon Hyuk-Bin founded Smilegate in 2002 and has built it into one of the most successful gaming companies in South Korea. Following a partnership that started in 2008 with Chinese Internet giant Tencent, it released its most popular title, CrossFire, which generated nearly $1 billion in revenue in 2013. Kwon’s Smilegate Holdings, of which he owns 100%, became the largest shareholder of Korean mobile game developer SundayToz the following year. Also in 2014, Kwon launched an ambitious start-up incubation initiative called Orange Farm, which has grown to become the largest program of its kind in Korea run by a private company. Orange Farm aims to leverage Smilegate’s business network to help participating entrepreneurs obtain capital and implement marketing plans.
Source:forbes
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