Kim Dotcom Net Worth 2020

Short introduction

Kim Schmitz aka Kim Dotcom is an entrepreneur who causes a lot of attention especially with its projects such as “megaupload” and “mega”.

Kim has lived in New Zealand for several years, and he not only has German citizenship but also Finland.

The process that lasted for years made his life in public as difficult entrepreneurs. The FBI has investigated him since 2012 concerning suspicion of violating copyright law.

Kim Dotcom has defended him from the beginning of this accusation, he did not realize guilt and argued that he only provided services for platform users on the platform such as “megaupload”.

Early life

Kim went to Heinrich endangering high school and said that he had a childhood that was difficult to mark with his father’s alcohol addiction.

At the age of 16 he was first known to the public as a hacker under the pseudonym “Kimble”. Very early he made a name for himself in this scene, expanding his computer skills and initially dealing with weak points in the telephone system. With this procedure he can get information in the user’s message. It was his first line, so to talk, make money.

He then began to produce a magnetic card with false payment information. In further courses, home search for fraud, etc. Followed and he was sentenced to a sentence of two years suspended.

That might be the reason why he had thought of emigration at this time.

Career

From 2001, some business people followed, among others, he wanted to help the company Letsbuyit.com with cash injection of around 50 million euros. This investment has never been done because the company has several scandals and does not have legal capacity. During this time, he arranged some effective media actions, which caused a lot of attention. A gift was placed on Osama bin Laden, the allegations that he worked with the FBI spread, and his hacking group himself reported that they could hack the network and computer terrorist organizations. No one from this can be proven, only one thing is certain, namely that the group around Schmitz itself is manipulated several times by hackers.

A year later, he went to Bangkok and launched another website there. This website was used as a kind of suicide announcement, but he presented himself as “King Kimble”. Thai authorities did not watch old and he was arrested in January 2002 and was extradited to Germany.

After that he was punished at the trial in the case of letsbuyit for trafficking in the insider. The sentence: an eight-month trial period and a fine of 100,000 euros.

He left Germany after confidence and moved to Hong Kong. He established several businesses that Trendax Inc. Must use artificial intelligence to produce a secure stock market profit. These companies ran until 2007 when web projects such as Trendax and Kimpire were finally removed from the web.

He was first associated with megaupload at the end of 2007, where Schmitz offered a gulli.com portal money so this information would not be disseminated.

Career highlights

Kim really started with a good start in New Zealand, in February 2010 he hired “Chrisco Mansion”, giving him the choice to buy the most expensive property in New Zealand with a value of 15 million euros.

Since then the world has known Kim Schmitz as Kim Dotcom, a few moments later known through an article in a magazine that he should be the Managing Director of Megaupload.

In 2011, he was required as the founder for copyright infringement for compensation of $ 5 million.

He wants to get a permanent residency in New Zealand and some properties. However, investment and purchases of several properties are prohibited by the New Zealand government.

In the following years, he was even persecuted by the FBI and was illegally monitored by the NSA.

There was an attack on its property and he also had to answer to the New Zealand court, after all the mega services on the internet were disabled.