Kim Jung-youn, the teenage daughter of the late Kim Jung-ju, the founder of Nexon who died in February at the age of 54, is the world’s youngest billionaire after inheriting a stake in the online gaming giant.
, is the world’s youngest billionaire after inheriting a stake in the online gaming giant.
Jung-youn and her older sister, Jung-min, inherited a 30.78% stake each in NXC, their father’s personal holding company, according to a regulatory earlier this month. NXC is the largest shareholder in Nexon, with a nearly 48% stake. Together with the sisters’ existing shares in NXC, their stakes in the company are worth $2.5 billion each. After deducting their inheritance tax bill, whichcalculates at over $1.5 billion each , Jung-youn’s and Jung-min’s net worths are estimated at $1 billion each.
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