“Since its foundation, Nexon has been able to grow thanks to the great love and interest it has received from children and teenagers. He also plans to donate an additional 2.5 billion won to the palliative care center and 1.3 billion won to the Daejeon children's hospital next year. The other Korean honored on the Forbes list, Nexon founder Kim Jung-ju has donated a total of 6.3 billion won ($5.3 million) to two children's hospitals: Daejeon Chung-nam Public Children’s Rehabilitation Hospital since 2019 and Nexon Children’s Palliative Care Center at Seoul National University Hospital, which is set to open in 2022. Focusing on the North Asian region, it is specialized in buyout and special situation funds. MBK is the largest independent private equity firm in Asia, with 27 trillion won ($22.8 billion) in assets under management. Education is the engine for changing the world,” Kim said. “I have been putting efforts into impact giving, focusing on education, culture and the arts.
KARTRIDER CHINA FULL
A total of 155 Korean scholars to date have received full tuition from the foundation. Two years later, he launched the nonprofit MBK Scholarship Foundation to award education grants on the basis of financial need. Kim founded MBK Partners in 2005 after leading the Asia arm of The Carlyle Group. In 2018, Kim donated $7 million to endow an associate professorship at Harvard Business School, another alma mater. In 2010, he donated $7.5 million to establish a new dorm at Haverford College in Pennsylvania, where he has graduated from. The library will be named the Seoul Public Kim ByungJu Library. The five-story, 9,000-square-meter library, will begin construction in 2023 and open in 2025. He has pledged to donate 30 billion won ($25.4 million) to the Seoul government for a new public library in the Korean capital. The people on the list have the vision to support solutions that look to make the world a better place, it added.įorbes focused on Michael Kim’s support for education.
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14, the list focuses on individual philanthropists in the Asia Pacific region who donate significant amounts of their personal fortunes, Forbes said. The two were among 15 philanthropists chosen by the American magazine for the honor in the Asia Pacific.įor its 15th roundup of Asia’s top philanthropists announced on Dec. Michael ByungJu Kim, the founder of South Korean investment firm MBK Partners, and Kim Jung-ju, founder of Nexon, the largest online gaming company in Korea, have been selected as Asia’s Heroes of Philanthropy by Forbes this year. Michael ByungJu Kim, founder of MBK Partners