Nexon introduced on Tuesday that its founder Jungju Kim (often known as Jay Kim) handed away in February. He was 54.

NXC Corp, the holding agency of Nexon, acknowledged to Yonhap News Agency, “The deceased had been receiving treatment for depression, and we are sad that it seemed to have worsened recently.”

Kim based Nexon in 1994, after graduating Seoul National University with a level in laptop science. He moved the headquarters of Nexon from Seoul to Tokyo in 2005. Kim left the board of administrators in 2016, and offered his controlling stake of the corporate to NXC Corp in 2019.

After Kim left the board of administrators he pursued funding and philanthropic actions, together with contributions in well being and training such because the Purme Foundation Nexon Children’s Rehabilitation Hospital in Seoul and the Nexon Foundation for constructing youngsters’s hospitals.

Nexon focuses on free-to-play cell and on-line video games, akin to MapleStory, SINoALICE, and the unique Kemono Friends sport. The firm has additionally developed such video games as The Kingdom of the Winds, KartRider, Dungeon&Fighter, and Mabinogi.

Last 12 months, Nexon invested 92.4 billion yen (about US$874 million) into corporations together with Hasbro, Bandai Namco Holdings, Konami Holdings, and Sega Sammy Holdings.

Sources: Nexon, Yonhap News Agency, 4Gamer (Gueed)


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