By 2004, as the first bubble of internet companies was popping, Watkins moved to the Philippines with his family. He continues to live there.
Watkins lives in the Philippines, where he operates a pig farm outside of Manila, according to Splinter.
His main business, however, is web-based: NT Technology operates a variety of different websites, including a Libertarian news site named The Goldwater and an audiobook company named Audio.books.
His most prominent website, however, is 8chan.
Watkins took ownership of 8chan in late 2014 after its founder, Fredrick Brennan, intentionally disconnected himself.
Fredrick Brennan, the founder of 8chan, is no longer connected to the site.
As of late 2014, the official owner and operator of the site is Jim Watkins. The two worked as a pair for awhile, with Brennan handling the tech side and Watkins handling logistics.
That has since fallen apart, and Brennan has become an outspoken critic of the site in the wake of multiple shootings being tied to 8chan members.
"Do the world a favor and shut it off," Brennan told The Washington Post this week.
The shooting in El Paso, Texas, over the weekend, where 22 people were killed and dozens more were injured, was the latest example: The suspect reportedly posted a manifesto to 8chan just before the shooting.
"Once again, a terrorist used 8chan to spread his message as he knew people would save it and spread it," Brennan told The Post. "The board is a receptive audience for domestic terrorists."
Why 8chan? It's about freedom of speech — sort of.
In an interview with Splinter back in 2016, when he was 52, 8chan owner Jim Watkins explained why he continues to operate the anonymous web forum that's so often tied to horrific tragedy in real life:
"As long as they are not making imminent threats of harm against someone, their speech is protected political speech. No different than Trump or Clinton or Mr. Smith or or anyone else."
Watkins has yet to comment on the most recent instance of a shooter being tied to the web forum he operates, nor has he made a statement about the subsequent shuttering of 8chan by various internet services.
Watkins and NT Technology did not respond to Business Insider's request for comment. As of Monday afternoon, 8chan remains offline.