David Choe, a multifaceted individual from Los Angeles, is an American artist, musician, actor, and former journalist and podcast host. He’s been involved in urban culture and entertainment, creating art for various magazines.
David has a connection with Giant Robot, an Asian pop culture website and store. His paintings often show things like desire, degradation, and exaltation, and he has a unique and raw style he calls “dirty style.”
What is David Choe Net Worth?
As of 2023, David Choe’s net worth to be around $300 million. This massive amount of money shows how successful Choe has been in various areas like art, music, journalism, and hosting a podcast. His smart investments, especially in technology, have contributed to his financial success.
How Did David Choe Become Famous?
Facebook President Sean Parker was drawn to David’s graffiti work in the early 2000s. Parker commissioned Choe to adorn the walls of Facebook’s Silicon Valley headquarters. Choe informed Parker that he was seeking $60,000 when it came time to haggle over the price.
After speaking with Sean, CEO Mark Zuckerberg agreed but recommended that Sean accept company stock in lieu of cash. It was a pretty astute recommendation. The precise number of Facebook shares that David received is unknown.
As of right now, his ownership is not substantial enough for the business to disclose in its financial statements. But at the time of Facebook’s IPO, we can say with some degree of certainty that David Choe’s equity was valued at about $200 million.
Given how much Facebook’s stock has gained in value since its IPO, it’s highly likely that he had stakes that were worth $300–500 million at different points in time.
How Did David Choe Make His Money?
David Choe expresses himself using a variety of media, and his work has a gritty aesthetic. All of these have resulted in revenue generation. Choe is more than just a creator.
In addition, he has dabbled in acting, music, journalism, and podcasting. His creations, which capture urban culture, have played significant roles in the entertainment sector.
In 2006, he made and handed out about 200 copies of his graphic novel “Slow Jams” at Comic-Con. Later, he applied for the Xeric Grant and got $5,000 to print 1,000 more copies. The book was released in 1999, priced at $4, but now, it’s been selling for hundreds of dollars on eBay.
He was able to demonstrate the breadth of his skill as he continued to hone his approach in the early 2000s. Because of his artistic versatility, analyzing his works is always interesting and novel.
Choe has undoubtedly earned the greatest money as an artist. He did, however, make this money indirectly because the majority of his assets were linked to the rise in Facebook’s stock price rather than the intrinsic value of his artwork.
Even still, he has achieved far more success as an artist than any artist could hope for, and in addition to his Facebook mural, he has received praise for many other works. For instance, he painted Barak Obama’s image during the 2008 presidential campaign with the word “Hope.”
Choe’s career as an actor has also taken off. He played the lead role of Isaac Cho in Netflix’s “Beef,” and he also designed the majority of the episode title cards, demonstrating his significant contribution to the critically praised program.
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David Choe Real Estate Investment
David Choe made smart and valuable investments in real estate. One notable example is his purchase of a 6,500-square-foot mansion in the Los Feliz area of Los Angeles, which he acquired for $3.1 million.
Demonstrating his investment savvy, Choe placed the property on the market in September 2022 with an asking price of $6.9 million, more than double his purchase price.
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