Richest K-pop stars revealed
Big Hit Entertainment's IPO made him "Hitman" a billionaire. According to Bloomberg, Bang Sihyuk, the founder of a Seoul-based music agency, increased his net worth to $ 1.4 billion in September 2020, making him the fifth richest shareholder in all of South Korea. With a market value of $ 4 billion, Big Hit has become the largest South Korean listing in recent memory - and largely thanks to its cash cow, BTS.
More: https://www.nickiswift.com/264205/the-richest-k-pop-stars-revealed/?utm_campaign=clipBTS debuted in 2013 but only achieved crossover success in the US in 2017 when they were named Top Social Artist at the Billboard Music Awards. Since then, the group has broken 20 different records, including becoming the first K-pop group to perform at a major awards show in the US and releasing their first K-Pop album to reach # 1 on the Billboard 200. Most recently, BTS's "Dynamite" track - the group's first fully English-language single - debuted at number 1 on the Billboard Hot 100, and it seems only from there.
According to a Bloomberg report, Big Hit's IPO made BTS members, who accounted for about 97% of the company's sales in 2019, roughly $ 8 million richer. A couple of months earlier, Shihyuk had given all seven members 68,385 shares each. While this has made the boys some of the richest K-pop stars (leagues above other crossovers like Blackpink), they're not the richest yet. These are the richest K-pop stars.
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