Blockbuster Korean IPO Makes Video Game Artist a Billionaire

  • Shift Up shares jump 18% Thursday after $320 million IPO
  • Founder and CEO Hyung-Tae Kim owns a stake worth $1.2 billion
Hyung-Tae KimVictory: Nikke and console game Stellar Blade. Photographer: Jean Chung/Bloomberg
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Hyung-Tae Kim was well-known as a video game illustrator, but it was barely keeping a roof over his head.

After gaining fame for a series of popular Korean titles, the college dropout had founded his own company in 2013 but was finding it difficult to ensure his family and employees could put food on the table.