Park Kwan-ho Wemade Chairman's Stock Value Soars 500% in Three Months... Enters Top 10 Stock Millionaires
[Asia Economy Reporter Park Jihwan] With the recent surge in investment in non-fungible tokens (NFTs), gaming stocks have continued their winning streak, leading Park Kwan-ho, Chairman of Wemade, to enter the top 10 domestic stockholders for the first time.
On the 21st, financial information firm FnGuide surveyed the equity valuation of 17,961 individual shareholders holding stocks of domestic listed companies as of the closing price on the 18th. Park Kwan-ho, Chairman of Wemade, recorded 3.3602 trillion KRW, ranking 10th. Narrowing the scope to gaming companies only, this is the second highest in the gaming industry after Jang Byung-gyu, Chairman of Krafton (3.8161 trillion KRW, 8th place).
The value of Park’s Wemade shares was only 565.2 billion KRW as of August 18 this year. However, due to the recent sharp rise in Wemade’s stock price, it increased by 494.49% over three months.
Wemade launched its own blockchain platform ‘Wemix’ earlier this year and brought gaming companies such as Joycity, Supercat, Dalkomsoft, NHN, and Action Square into its ecosystem. Its subsidiary, Wemade Max, is a specialized blockchain game developer. Following the success of ‘Mir4,’ a blockchain-based NFT ‘Play-to-Earn’ game, Wemade has led the NFT trend in the gaming industry, causing its stock price to soar.
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The top 1 to 9 richest stockholders were Lee Jae-yong, Vice Chairman of Samsung Electronics (13.1169 trillion KRW), Hong Ra-hee, former director of Samsung Museum Leeum (9.8358 trillion KRW), Kim Beom-su, Chairman of Kakao (7.361 trillion KRW), Lee Boo-jin, President of Hotel Shilla (6.542 trillion KRW), Lee Seo-hyun, Chairwoman of Samsung Welfare Foundation (6.0929 trillion KRW), Bang Si-hyuk, Chairman of HYBE (5.4249 trillion KRW), Chung Mong-koo, Honorary Chairman of Hyundai Motor (4.96 trillion KRW), Jang Byung-gyu, Chairman of Krafton (3.8161 trillion KRW), and Chung Eui-sun, Chairman of Hyundai Motor (3.44 trillion KRW), respectively.
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