HomeBig DataNexon founder Jung-Ju Kim passes away at 54

Nexon founder Jung-Ju Kim passes away at 54

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Jung-Ju “JJ” Kim, the founding father of on-line recreation writer Nexon, handed away at age 54. Nexon introduced that he handed away in Hawaii on February 28.

Nexon didn’t present a reason behind dying, but it surely famous that he had been present process remedy for melancholy and the signs had gotten worse of late, in keeping with the Korea Herald.

Min Kim, a former Nexon chief who helped deliver Nexon to the U.S., stated in a social submit that “JJ” had a novel persona. Although Nexon made him rich, Jung-Ju dealt with routine duties like paining his small residence in New York Metropolis, Kim stated.

The Nexon founder additionally engaged in philanthropy that touched tens of millions of younger individuals and included main contributions in well being and training together with the Purme Basis Nexon Kids’s Rehabilitation Hospital in Seoul, South Korea and the Nexon Basis for constructing kids’s hospitals.

Nexon CEO Owen Mahoney supplied his condolences.

“It’s troublesome to specific the tragedy of shedding our pal and mentor Jay Kim, a person who had an immeasurably constructive impression on the world,” stated Mahoney, in a press release. “As a founder and visionary chief, Jay inspired these round him to disregard the skeptics and belief their inventive instincts. He will likely be deeply missed by his Nexon household and lots of buddies.”

Kim based Nexon in 1994, and launched the world’s first multiplayer on-line role-playing recreation, The Kingdom of the Winds. The corporate later launched large hits together with MapleStory, KartRider, Mabinogi, and Dungeon & Fighter. Kim grew to become a billionaire after Nexon went public on the Tokyo Inventory Alternate in 2011. That yr, the corporate generated greater than $830 million in gross sales. Nexon now has 45 video games.

Kim left the corporate in 2016. Kim remained a big shareholder as CEO of NXC, which owns 47% of Nexon. Kim stepped down from the NXC function in 2021. Alex Iosilevich is chief funding officer of NXC and J.Ok. Lee is CEO of NXC.

In a message to workers, Mahoney stated:

“I’m unhappy to share some tragic information.  Our founder and pal, Jay Kim, handed away yesterday whereas touring in Hawaii. I acknowledge this comes as a sudden and horrible shock to everybody within the Nexon household.

The world acknowledges Jay as a visionary and pioneer in international leisure.  However these of us fortunate sufficient to know him as a pal and mentor will bear in mind him as a person who impressed others to make the world a greater place.  Jay challenged us to innovate, to disregard the skeptics, and to belief one another.  We acknowledge his extremely distinctive spirit and bear in mind him as a heat, great pal.

Like lots of you, I really feel a horrible vacancy and private sense of loss. For greater than 25 years Jay guided and impressed me, making a profoundly constructive impression on my understanding of each management and friendship.  We first met once we have been each younger, and Nexon was a handful of individuals in a small room in Gangnam. Since then he has challenged me to assume in another way concerning the world and what’s potential.  He was by far probably the most unique thinker I’ve ever met.

Jay deeply beloved Nexon and the individuals in it. He believed that by making Nexon a real international chief, we may encourage and delight individuals around the globe. Jay had a fantastic intuition for hiring expertise and right now Nexon’s management workforce is united in realizing his imaginative and prescient.

Within the days forward, we’ll plan a becoming tribute to Jay.  Within the meantime, I can consider no higher tribute than to commit ourselves to being the innovators, the leaders, and the buddies that Jay challenged us to be.”

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