Kakao’s Backing Boosts Korean Gaming Entrepreneur To Billionaire Ranks

Kakao’s Backing Boosts Korean Gaming Entrepreneur To Billionaire Ranks

Kim Jae-young, the founder of South Korean online game developer Lionheart Studio, is now a billionaire after a $925 million investment from local internet giant Kakao, becoming the third gaming entrepreneur in the video game-obsessed country since last year to…