Nexon late founder Kim's teenage daughter becomes world's youngest billionaire

Kim Jung-ju. [Photo by Nexon]

Kim Jung-youn, the teenage second daughter of Korea’s game pioneer and Nexon’s late founder Kim Jung-ju, has become the world’s youngest billionaire after inheriting a 30.78% stake worth $2.5 billion in the gaming giant’s holding entity NXC. Her older sister also inherited the same amount of stake, and the two heiresses will have to pay $1.5 billion inheritance tax each in Korea that has one of the highest inheritance taxes in the world, reported Forbes.

[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]