Nexon announced on Tuesday that its founder Jungju Kim (also known as Jay Kim) passed away in February.
Kim founded Nexon in 1994, after graduating Seoul National University with a degree in computer science.
Kim left the board of directors in 2016, and sold his controlling stake of the company to NXC Corp in 2019.
Last year, Nexon invested 92.4 billion yen (about US$874 million) into companies including Hasbro, Bandai Namco Holdings, Konami Holdings, and Sega Sammy Holdings.
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