93

27

News
Posted by Susan-Han Wednesday, February 15, 2023

Bang Si Hyuk, J.Y. Park, & Yang Hyun Suk are the top 3 individual financial asset holders in the K-entertainment industry + all 7 BTS members each own over $7M

AKP STAFF

A data report published by the Korea CXO Research Institute on February 15 KST assessed the distribution of individual financial assets in the Korean entertainment industry, finding that there are a total of 34 individuals who currently own over 10 billion KRW (~ $7.8 million USD) in financial assets. The study incorporated financial assets associated with domestically listed companies in the film, music, drama, webtoon, and web novel industries but omitted companies in the game, character development, toys, and tourism industries. 

First, the report revealed that chairman of the board of HYBE LabelsBang Si Hyuk, was the undisputed #1 owner of individual financial assets, possessing approximately 2.57 trillion KRW (~ $2 billion USD) worth of stocks. The combined worth of the stocks owned by all 34 individuals is said to be approximately 4.12 trillion KRW (~ $3.2 billion USD). 61.5% of this total amount is owned by Bang Si Hyuk, demonstrating the music producer/entrepreneur's overwhelming power within the industry. In fact, it's believed that Bang Si Hyuk is the 7th biggest owner of individual financial assets within South Korea overall, behind figures such as Lee Jae Yong; executive chairman of Samsung ElectronicsSeo Jung Jin honorary chairman of Celltrion; Kim Beom Soo, the founder of Kakao; etc. 

Within the entertainment industry, trailing behind Bang Si Hyuk as the second biggest owner of individual financial assets is J.Y. Park (Park Jin Young), Chief Creative Officer of JYP Entertainment. The report found that J.Y. Park possessed 395.9 billion KRW (~ $308.5 million USD) worth of stocks associated with domestically listed entertainment companies. Next, YG Entertainment founder Yang Hyun Suk ranked in 3rd place, possessing approximately 165.7 billion KRW (~ $129 million USD) worth of stocks. 

Of the 34 individuals found to be owners of over 10 billion KRW in entertainment industry financial assets, 11 of them owned significant shares in HYBE, including Scooter Braun (~ 90.3 billion KRW) and Kim Shin Gyu, HYBE Labels Chief of Management (~ 17.1 billion KRW). All seven BTS members also fell in this category, with SUGA, Jimin, V, and Jungkook each owning approximately 13.3 billion KRW (~ $10.4 million USD) worth of shares. j-hope possessed the next highest amount of shares at 12.2 billion KRW, RM followed behind with 11.3 billion KRW, and Jin rounded up the group with 10.2 billion KRW. 

Shop the story
BTS V Cover - BAZAAR 2024.02
$25
BTS V – Layover + [Weverse Album] $15.00
$15
3D Jungkook Crew
$40
BTS J-HOPE Cover : Esquire KOREA
$28
BEYOND THE STORY 10-YEAR RECORD OF BTS
$60
Haegeum Tee
$20
on the street Tee
$20
BTS SUGA Cover : Marie Clarie May 2023
$23
  1. Bang Si Hyuk
  2. BTS
  3. V
  4. Jungkook
  5. Jimin
  6. Jin
  7. j-hope
  8. SUGA
  9. RM (Rap Monster)
38 52,339 Share 78% Upvoted
 
Zxxx
Zxxx1,052 pts Wednesday, February 15, 2023 1
Wednesday, February 15, 2023

Bang PD and BTS are the Definition of Success 😎

32 (+43 / -11)
Share

1 more reply

 
iluvidols
iluvidols6,452 pts Wednesday, February 15, 2023 8
Wednesday, February 15, 2023

BPD worth billions (in dollar) nowadays when before Bighit was near bankruptcy thanks to BTS Bighit/Hybe is now the leading music agency in SK.

24 (+36 / -12)
Share

8 more replies

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
New Message

SEND