David Choe Net Worth

David Choe Net Worth: Beyond Controversies and Facebook Success

David Choe, born on April 21, 1976, is not your typical artist. His life is like a big, colorful painting with lots of exciting stories, tricky parts, and super amazing moments that led to an incredible David Choe Net Worth of $300 million! Now, let’s find out more about David Choe’s awesome journey, exploring all the amazing things he did in his life.

David Choe

Early Adventures and Artistic Beginnings

David’s story begins in Los Angeles, California, where he got super excited about painting amazing pictures on walls. Imagine those walls as big coloring pages, and David was like a superhero artist! He loved drawing stuff from “Star Wars” and “G.I. Joe”: those are his favorite action-packed movies.

But, whoa, something unexpected happened during the time called the 1992 L.A. riots. It was a bit like a big, confusing party in the city, and because of that, David had to stop going to his regular school.

Now, get this, instead of feeling sad, David did something amazing. He went on a super long journey where he didn’t use a car or a plane. Nope, he hitchhiked, which is like getting free rides from friendly people.

Imagine going on an epic adventure around your neighborhood, your friend’s house, and then maybe to another city – David did that but across the whole world! He visited the Americas, Africa, Europe, and the Middle East. That’s like traveling to all the amazing spots on a huge map.

When he was 21, he came back to California and thought about going to a special art school, but guess what? His creative brain said, “Nope, let’s do art in our awesome way!” So, he chose to draw and paint the way he loved. Imagine him like a superhero artist who doesn’t follow all the usual rules but makes the most wonderful pictures ever! And that’s how David started his amazing journey in the world of art.

Rise in the Art World

People liked David’s drawings, and they put them in important places like the Museum of Contemporary Art in Los Angeles and the Smithsonian American Art Museum in Washington, D.C. It’s like if you drew something amazing, and everyone wanted to show it off in their special art club.

But here’s the amazing part – David didn’t only draw. Nope, he also wrote awesome books with names like “Bruised Fruit” and “Slow Jams.” It’s like when you not only draw amazing pictures but also write great stories to go with them. David was like a superhero artist, showing everyone that he can do all kinds of creative stuff.

After that, the big, important tech people, like the superheroes of computers and gadgets, saw how awesome David was, and they wanted him to do wonderful art for them too. It’s like being so good at drawing that even the tech giants want you to make their places look amazing and fun. That’s how famous and awesome David Choe became.

david choe's arts

Facebook’s Call and a Pivotal Decision

Something interesting happened! Sean Parker, the president of Facebook, saw how good David is at drawing. He asked David to paint pictures on the walls at Facebook’s important place in Silicon Valley. This changed David’s career and how much money he could make.

Now, here’s where it gets interesting. David had to choose between two things – he could get a lot of money for his drawings, or he could pick something different and kind of unusual. Instead of taking a bunch of money, he said, “Nope, I want some shares on Facebook!” It was a brave choice because nobody knew if Facebook would become as famous as it is today. That choice made David’s money story different from everyone else’s.

Facebook Stock and Financial Windfall

 In 2012, Facebook became a big deal and let everyone buy its shares. This is called an IPO, and it made Facebook as important as other big tech companies. What David did, which seemed a little risky at first, turned out to be smart.

The value of Facebook’s shares went way up, and suddenly David was super rich. Each share was worth more than $171! His decision to get Facebook’s stock was a really good idea. Now, because Facebook keeps growing, people think David’s shares might be worth between $300-500 million. This makes David a big success in handling money.

Beyond Painting

David Choe is not just about painting and drawing stylish pictures; he can do lots of other awesome things too! He worked with Asa Akira on a podcast called “DVDASA,” and he showed up on TV in shows like “The Mandalorian,” “Better Things,” “Vice,” and “Anthony Bourdain: Parts Unknown.” David is like a superhero artist who can do many different things!

In 2020, he did something new and exciting – he wrote a book called “David Choe.” It’s like when you write your own adventure story. Also, he teamed up with famous musicians like Jay-Z and Mike Shinoda from Linkin Park. This shows that David is good at lots of different things.

David_Choe beyond painting

Personal Life and Controversies

Even though David Choe has done many interesting things, his life also had some not-so-great parts. For example, he had to spend three months in a place called prison because of something that happened in Tokyo. While he was there, he made art using only a few things he was allowed to have.

In 2014, some things he said on his podcast caused some problems. People didn’t agree with him, and it showed how tricky it can be when you share your thoughts and how others see you. David’s life is like a book with interesting and sometimes tough chapters.

Philanthropy and Charitable Endeavors

David Choe is not just good at art; he also likes to help people. He gave money to help Wyclef Jean’s Yle Haiti and worked with The LIDÈ Haiti Foundation. This foundation was started by Rainn Wilson and Holiday Reinhorn. It’s like David wants to make the world a better place, not just with his art but by doing good things for others too.

Overview of David Choe Net Worth

David Choe, who has a lot of money, also bought a huge house in Los Feliz for $3.1 million. Later, in September 2022, he decided to sell the house for even more money – $6.9 million! This shows that David is not only good at art but also knows how to make smart choices with his money, like buying and selling houses.

Summary

David’s story is like an exciting adventure! He started with not a lot of money, but now David Choe Net Worth is $300 million in 2023. Well, he did something different – he worked with Facebook when it wasn’t so famous, and that turned out to be a smart choice.

David’s story is a great example for other artists and people who want to try new things. Life can be full of surprises, just like art! David’s journey shows that when you take risks and try new things, amazing stuff can happen. It’s like an awesome story about how life can be interesting.

FAQ’s

David Choe accumulated his wealth through a combination of graffiti art, collaborations with Facebook where he opted for stock instead of cash, successful artistic ventures, graphic novels, podcasting, media appearances, real estate investments, and active participation in philanthropy

Yes, David Choe sold some of his Facebook stock a while ago as a precaution, ensuring he had something secured from the investment. Despite the sale, he still retains an estimated couple hundred million dollars.

David Choe’s Facebook shares are now estimated to be worth over $200 million. He chose Facebook shares over a $60,000 payment, a decision that has garnered him significant attention and publicity.

David Choe’s pieces have been auctioned on multiple occasions, fetching prices between 300 USD and 3,500 USD. The actual price varies based on factors such as the artwork’s size and medium.

David Choe learned to draw during his youth, drawing inspiration from iconic imagery such as “Star Wars” and “G.I. Joe.” His early fascination with these images laid the foundation for his artistic development. Additionally, he was inspired by graffiti artists in Los Angeles, particularly Hex and Mear One, which motivated him to explore graffiti art in 1990.

David Choe received money from Facebook through a unique collaboration. In the early 2000s, Sean Parker, then President of Facebook, hired Choe to paint murals at the company’s Silicon Valley headquarters. When negotiating payment, Choe requested $60,000. Instead of cash, Parker suggested Choe take payment in the form of company stock. Choe agreed a decision that turned out to be incredibly lucrative. As Facebook went public in 2012, the value of Choe’s stock increased significantly, contributing to his substantial net worth.

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