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Bang Si-hyuk, founder and CEO of Big Hit Entertainment Co. who manages K-pop superstar BTS, joins the billionaire rank in South Korea with his equity holdings valuing around $3 billion after Thursday’s stock debut.

BTS members and their management label’s employees are also seeing their wealth climb up sharply. Bang handed out 68,385 shares, worth 9.2 billion won at the IPO price, to all seven members of the boyband last month (op note: all 7 of them are approximately 20 millions dollars richer)

Big Hit Entertainment’s 313 employees received 1.426 million shares.




BTS won, for the fourth year, the award for "Top Social Artist" and performed "Dynamite" from the Incheon Airport Terminal 2 because they can.


Source: BTS Official Twitter, Naver via Pulse and mk.co.kr, Bloomberg, Billboard Youtube



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