Cult game creator builds US$1.7bil stake after 620% rally

Characters of Wemade Co 'Mir4' mobile game displayed at the company's headquarters in Seongnam, South Korea, on Wednesday, Oct 6, 2021. — Bloomberg

When a twenty-something Park Kwan Ho created the Legend of Mir more than two decades ago, he was driven mostly by his love for online gaming. Money was the last thing on his mind, says the shy, first-generation South Korean developer.

Now at 48, the one-time game hobbyist is finally starting to taste the financial success that’s eluded him since he founded Wemade Co in 2000, thanks to the release of Mir’s fourth iteration globally in August.