Shift Up Founder Becomes Billionaire in South Korean Gaming Industry

South Korea's gaming industry has once again proven its ability to mint millionaires, as Shift Up's founder and CEO, Kim Hyung-tae, became a billionaire following the highly anticipated IPO of the online game developer. With shares soaring in their trading debut, Kim's stake in the company reached a valuation of around $3 billion, making him one of the wealthiest individuals in the gaming sector. At just 45 years old, Kim holds a 39% stake in Shift Up, while his wife, Chae Ji-yoon, also has a small stake in the company. Together, their net worth is estimated at a whopping $1 billion, cementing their status as prominent figures in the gaming ......

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