David Choe Net Worth

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Last Updated on July 7, 2022 by Stanley Sanchez

David Choe is an American artist who has a net worth of $200 million. He is best known for his street art and for being the co-founder of the social media company, Facebook. Born in Los Angeles, California, Choe began painting on the streets when he was just a teenager.

He soon developed a unique style that caught the attention of the art world. His work has been featured in galleries and museums around the world. In 2005, he was commissioned by Facebook to paint murals at their headquarters.

His work has also been featured in films and television shows.

David Choe is an American artist who has a net worth of $200 million. He is best known for his street art and for painting the inside of Facebook’s first headquarters. Born in Los Angeles, California, Choe began painting graffiti when he was a teenager.

He eventually dropped out of high school and began to travel the world, painting wherever he went. Choe’s work has been shown in galleries and museums around the world, and he has also released several books of his art. In 2005, Choe was commissioned to paint the inside of Facebook’s first headquarters.

He was paid in stock, which is now worth an estimated $200 million. Choe is a prolific and controversial artist whose work often deals with sex, violence, and other taboo subjects. He has said that he hopes his art will make people “uncomfortable and think about things that they normally wouldn’t think about.”

Whether you love or hate his work, there’s no denying that David Choe is a very successful artist. His net worth of $200 million is a testament to that.

David Choe Net Worth

Credit: www.earnthenecklace.com

Why is David Choe so rich?

David Choe is an American artist who has built a considerable fortune through his unique and often controversial paintings and street art. Choe’s early art career began with graffiti and street art in Los Angeles, where he quickly gained notoriety for his provocative and often sexually explicit work. In the early 2000s, Choe was discovered by the founder of Facebook, Mark Zuckerberg, who commissioned him to paint murals for the social media company’s first office.

While Choe was initially paid in stock options for his work, he ultimately cashed out his shares for a staggering $200 million when Facebook went public in 2012. While Choe’s wealth is largely thanks to his early association with Facebook, he has also been successful in other business ventures, including designing apparel and launching a successful line of cannabis products. In short, David Choe is rich because he is a highly successful artist with a long list of high-profile clients and admirers.

His early work with Facebook has been especially lucrative, but he has also done well in other areas of business.

How much stock did David Choe get?

In 2006, Facebook hired artist David Choe to paint murals on their new office walls. For his work, Choe was paid in stock options instead of cash. At the time, Facebook was not yet a public company, so it is difficult to determine the exact value of Choe’s stock options.

However, it is estimated that Choe received between $200,000 and $300,000 worth of stock options. When Facebook finally went public in 2012, Choe’s stock options were worth an estimated $200 million. Choe has said that he plans to donate a significant portion of his Facebook fortune to charity.

Did David Choe sell his stock?

In 2006, Facebook offered artist David Choe stock options in lieu of payment for painting murals at their new Palo Alto headquarters. Choe initially declined the offer, opting instead to be paid entirely in cash. However, he was eventually persuaded to accept the stock options, and ended up owning 0.4% of Facebook.

At the time, Choe’s stake in Facebook was valued at around $200 million. However, when Facebook went public in 2012, Choe’s shares were worth an estimated $800 million. It is not clear if Choe sold any of his shares when Facebook went public.

However, in 2014, he did sell a painting for $1.65 million that he had created using Facebook stock certificates as the canvas. So it is possible that he has sold at least some of his shares in the company.

What was David Choe addicted to?

David Choe was addicted to heroin and cocaine. He started using drugs when he was a teenager and continued to use them throughout his adult life. Choe struggled with addiction for many years and had several stints in rehab.

In 2009, he finally got clean and has been sober ever since.

Graffiti Artist Becomes Millionaire After Asking Facebook for Stock Instead of Payment for Work

https://www.youtube.com/watch?v=xPdAiQEWi8Y

David choe wife

David Choe and his wife, Jane, have been married for over 20 years. They have two children together, and Choe has said that his wife is his best friend. Choe is a successful artist, and his wife has been supportive of his career from the beginning.

In a recent interview, Choe said that he and his wife are currently working on a project together, and that they are really excited about it.

Conclusion

David Choe is a world-renowned artist who has built a massive net worth through his unique and eccentric paintings. Choe’s art is characterized by its chaotic, free-form style, and often features sexually explicit or violent imagery. Despite his controversial subject matter, Choe’s work has been exhibited in some of the world’s most prestigious museums, and he has even been commissioned to paint murals for the likes of Facebook and Google.

In addition to his painting career, Choe has also dabbled in film, music, and writing, and has even released a line of cannabis products. All told, David Choe’s net worth is estimated to be around $200 million.

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