Kim Jung-Ju’s net worth, biography, fact, career, awards and life story

Net Worth: $1.6 Billion

Kim Jung-Ju Net Worth: Kim Jung-Ju is a South Korean entrepreneur who has a net worth of $1.6 billion. Kim Jung-Ju is the founder of Nexon, Korea’s largest online gaming company. Nexon created popular games such as Kart Rider and Maple Story. In 2010, Jung-Ju expanded by acquiring rivals Ndoors and Gamehi. Nexon now boasts over 350 million users all over the world in more than 72 countries, 64% of its revenues coming from outside South Korea. His wife Yoo Jung-Hyun is also a major shareholder. Now the country’s foremost online game producer, Nexon’s annual revenues are expected to exceed $900 million. Known as a big kid at heart, Kim Jung-Ju, the admitted longtime Lego bricklayer, recently bought BrickLink, the world’s biggest reseller of Lego parts. His sights were then set on an even younger customer base when he took over Norwegian outfit Stokke, which makes $2,000 baby strollers for the posh baby, which caused analysts to raise the inevitable question: What does a gaming company know about baby buggies? Jung-Ju made the world’s first online game (The Kingdom of the Winds) nearly 2 decades ago.

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Howard Marks’s net worth, biography, fact, career, awards and life story

Howard Marks Net Worth: Howard Marks is an American investor who has a net worth of $2.2 billion. Howard earned his fortune as the co-founder of LA-based financial empire Oaktree Capital Management. He was born Howard Stanley Marks in 1946 in Queens, New York. A Wharton graduate who also holds an MBA of University of Chicago, Marks started his career in 1969 working as an equity research analyst for First National Citibank (which later became Citicorp). Marks was eventually appointed Director of Research, and several years later, he was promoted to Vice President. In 1985, he joined TCW where he was responsible for investments in high-yield bonds and convertible securities. Marks also served as Chief Investment Officer for domestic fixed income, and TCW’s President of the asset management. After a decade of working, in 1995 he left TCW, and together with his co-worker Bruce Karsh, he launched Los Angeles-based Oaktree Capital Management in. The investment company grew fast, specializing on distressed debt, high-yield bonds, and private equity. In 2012, the two partners took Oaktree Capital Management public, selling approximately $90 million-worth stake. Currently, they hold 13% of the investment company, which owns $76 billion assets under management, and money from 75 of the 100 pension plans in U.S. Moreover, Marks is known for his writings to his clients known as “Oaktree memos” in which he writes about his investment strategies in detail and gives insight into his views of the economy. Real Estate: Howard and his wife Nancy own over $150 million worth of real estate around the country. In 2013 they sold their 9.5-acre Malibu property for $75 million to a Russian billionaire. The deal set a record for Malibu that would stand for years. The home has more than 300 feet of ocean frontage and a 20,000 square-foot mansion. Howard and Nancy paid $31 million for the home in 2002 then built a custom mansion after demolishing the previous property. In 2010 they bought a home in East Hampton for $30 million.In 2019 they paid $35 million for a second East Hampton home. In 2012 they bought an apartment overlooking Central Park in NYC for $52.5 million. In 2015 they bought a Beverly Hills mansion for $23 million. A few years later they bought the home next door for $10 million.
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