BTS members each hold over 10 billion won of HYBE stock

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BTS members each hold over 10 billion won of HYBE stock

Boy band BTS [BIGHIT MUSIC]

Boy band BTS [BIGHIT MUSIC]

 
All seven members of BTS each own more than 10 billion won ($7.8 million) of HYBE stock, a report found Wednesday.
 
HYBE stock holdings owned by Bang Si-hyuk, founder and chairman of the agency, were evaluated to be worth over 2.5 trillion won.

 
Bang's is the highest amount of content-related stock assets held by a single person in Korea by a large margin, and the seventh-highest in general.
 
On Wednesday, Korea CXO Research Institute released its report on estimated stock assets of individual shareholders of content-related companies — which includes production companies and distributors of music, movies, webtoons and more — with estimated stock assets worth over 10 billion won.
 
The valuation was based on the closing price on Feb. 10. Shares of companies related to games, characters and tourism were not included in the list.
 
There are 34 individual shareholders that own content stocks worth over 10 billion won, according to the report.
 
The combined value of the 34 shareholders’ stock assets came in at 4.12 trillion won, with HYBE’s Bang taking up a whopping 61.5 percent of the total.
 
That is more than six times the stock assets owned by Park Jin-young, founder of JYP Entertainment, who ranked second on the list, and fifteen times that of YG Entertainment’s founder Yang Hyun-suk in third place.
 
Bang ranked seventh in Korea in terms of stock assets value in all companies combined. Samsung Electronics Executive Chairman Lee Jae-yong topped the list, followed by Celltrion founder Seo Jung-jin, Kakao founder Kim Beom-su, Hyundai Motor Executive Chair Euisun Chung, Amorepacific Chairman Suh Kyung-bae and SK Group Chairman Chey Tae-won.
 
Including Bang, 11 HYBE shareholders made it into the 10-billion-won club. Scooter Braun, CEO of HYBE America, came after Bang with holdings worth 90.3 billion won, followed by Kim Shin-kyu, HYBE’s chief managing director, and Yoon Suk-joon, former co-CEO of HYBE America.
 
The remaining 7 HYBE shareholders are BTS members.
 
Suga, Jimin, V and Jungkook all held 68,385 shares each worth 13.3 billion won as of Feb. 10. J-Hope owns 62,784 shares worth 12.2 billion won, RM 11.3 billion won, and Jin 10.2 billion won.
 
The HYBE share price closed at 197,200 won Wednesday, compared to 195,300 won on Feb. 10.

BY SHIN HA-NEE [shin.hanee@joongang.co.kr]
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