Hive Chairman Bang Si-hyuk. /News 1
HYBE Chairman Bang Si-hyuk, who discovered the group ‘BTS’, was found to hold the third largest stock among listed pop music company shareholders around the world.
According to the ‘stock wealth’ ranking of shareholders of famous music companies by the American music media Billboard on the 26th (local time), Chairman Bang ranked third after Daniel Arc and Martin Lorenson, co-founders of Spotify, the world’s largest streaming platform. occupied. His Hive shares were estimated to be 31.8%, worth a total of $2.54 billion (approximately 3.4277 trillion won).
Following the signing of a second contract renewal with BTS, Hive’s value is gradually increasing as labels’ groups such as ‘Seventeen’ and ‘New Jeans’ are very active. Billboard also explained, “Last year, Chairman Bang’s stock value was $1.7 billion (about 2.2938 trillion won), but Hive’s stock price rose this year, which had a positive impact on the ranking.”
In this ranking, JYP Entertainment representative producer Park Jin-young and YG general producer Yang Hyun-seok, founders of other major K-pop entertainment companies, also ranked 5th and 8th, respectively. Producer Park owns $559 million (approximately 754.258 billion won) in JYP stock, and Executive Producer Yang holds $199 million (approximately 268.411 billion won) in YG stock.
–
🌎Global issues picked by Chosun Ilbo’s International Department! Subscribe to our newsletter ☞ https://page.stibee.com/subscriptions/275739
🌎Solve the international quiz and receive gifts! ☞
