What Is Do Kwon’s Net Worth? (Latest Reports)
|Net Worth||$15 Million|
|Born||September 6, 1991|
|Age||31 years old|
|Birthplace||Seoul, South Korea|
|Source of Wealth||Entrepreneur, Cryptocurrency Developer|
Do Kwon is a South Korean Entrepreneur cryptocurrency developer, and crypto investor. His net worth is assessed to be around $15 million in 2023.
He is the co-founder and CEO of Terraform Labs, the Singapore-based parent company of the defunct stablecoin TerraUSD and cryptocurrency Luna.
TerraUSD and Luna collapsed in May 2022, erasing nearly $45 billion in market capitalization in a single week and causing hundreds of billions of dollars in losses in the larger crypto market.
Kwon is under legal and social pressure as a result of his role in the Terra crash. Citizens from several countries, including South Korea, Singapore, and the United States, are suing Kwon.
Would you like to learn more about him?
Let’s explore some additional fascinating facts about Do Kwon now that we are aware of his net worth.
Do Kwon Biography/ Wikipedia/ Wiki
|Real Name||Kwon Do-Hyung(권도형)|
|Also known as||Do Kwon|
|Birth Date||September 6, 1991|
|Age||31 years old|
|Education/ College||Stanford University|
|Height||5 ft 10 in (1.78 m)|
|Weight||75 kg (165.34 lbs)|
|Net Worth||$15 Million|
|Profession||Entrepreneur, Cryptocurrency Developer|
How Was Do Kwon’s Early Life And Education?
Do Kwon’s full name is Kwon Do-Hyung(권도형). He was born in Seoul, South Korea on September 6, 1991.
He went to Daewon Foreign Language High School in South Korea for high school.
After graduating from Stanford University with a BS in computer science in 2015, he worked briefly as a software engineer for both Microsoft and Apple.
How Did Do Kwon Start His Career?
Kwon returned to South Korea in January 2016 to work on his startup, Anyfi.
Do Kwon and entrepreneur Daniel Shin co-founded Terraform Labs Pte. Ltd. in January 2018. Terraform Labs later released a cryptocurrency called Luna in 2018.
Kwon also worked on several blockchain projects while at Terraform Labs, including Mirror, Prism, Astroport, and Anchor.
Following the demise of sister currencies Luna and TerraUSD in May 2022, Terraform Labs launched the Luna 2.0 cryptocurrency in June 2022.
However, investors and critics reacted negatively to the release of Luna 2.0, now known as LUNA on trading platforms. TerraUSD and Luna are now known as TerraClassicUSD and LUNC, respectively, as a result of the crash.
Terraform Labs made headlines after UST began to deviate from its peg to the US dollar on May 9, 2022. UST fell to 10 cents over the next week, while Luna fell from an all-time high of $119.51 to “virtually zero.”
In one week, the collapse wiped out nearly $45 billion in market capitalization.
In September 2022, a $56.9 million class action lawsuit was filed in Singapore’s High Court against Kwon, Terraform Labs, Nikolaos Alexandros Platias, and the Luna Foundation Guard.
Do Kwon’s Personal Life
Kwon has a daughter named Luna born in April 2022.
An individual investor who claims to have lost $2 million entered Kwon’s high-rise condominium building on May 12, 2022, and demanded an apology.
As a result, Kwon’s wife filed a police report and requested emergency police protection, and South Korean authorities began investigating the incident.
How Does Do Kwon Make His Money?
The following are his main revenue sources from which he has made $15 Million:
- Earning as an Entrepreneur
- Earning as a Crypto Investor
Do Kwon Social Media Profiles
Major Career Highlights
- Do Kwon was named to Forbes’ 30-under-30 list in 2019.
Success Lessons Do Kwon
- Believe in yourself.
- Stay on your ground.
Do Kwon is a South Korean entrepreneur and cryptocurrency investor. He is the co-founder and CEO of Terraform Labs, the Singapore-based parent company of TerraUSD, a defunct stablecoin, and Luna, a cryptocurrency.
I truly hope that reading about his experience has motivated you to start pursuing your aims.
As per recent updates, the net worth of Do Kwon is $15 Million…!
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Frequently Asked Questions
Here are some of Andrew Hamilton‘s frequently asked questions, including his age, height, weight, girlfriend, biography, and other details…
Who is Do Kwon?
Do Kwon is the co-founder and CEO of Terraform Labs, which is developing Terra, a Web3 digital currency.
What is Do Kwon’s net worth?
The net worth of Do Kwon is projected to be more than $15 Million.
What is Do Kwon’s age?
Do Kwon was born on September 6, 1991, and is 31 years old.
What is Do Kwon’s height?
Do Kwon is 5 ft 10 in (1.78 m) tall.
What is Do Kwon’s relationship status?
Do Kwon is married.
Where is Do Kwon from?
Do Kwon is from Seoul, South Korea.
How much Bitcoin or cryptocurrency does Do Kwon own?
Do Kwon owns a substantial amount of cryptocurrency and bitcoin, but the exact amount is unspecified.
(PS: This is not Do Kwon‘s precise net worth.)