Kwon Hyuk-Bin
Smilegate Holdings
$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.
Kwon Hyuk-Bin is a Korean businessman who has an estimated net worth of $5.64 billion as of March 2017, according to Bloomberg.
Kwon Hyuk-Bin started his career after graduating from Sogang University. He founded game startup, Smilegate in 2002. During the first four years, Kwon changed his marketing strategy and switched his focus to China by cooperating with game distributions.
His company collaborated with Tencent and launched the online game, Crossfire in 2008. It was the most successful game created by Kwon’s company.
Kwon Hyuk-Bin was born on 1974. He completed his Bachelor’s Degree at Sogang University.
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