Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

‘Hybe Myth’ Creator Surpasses 3 Trillion Won, Propelling BTS to Stock Market Success

inews24 Views  

Bang Si-hyuk, the Chairman of HYBE who leads global artists such as BTS and Newjin, has topped the list of stock-rich individuals in the culture and content sectors with a stock valuation of over $2.5 billion. BTS, whose all members have joined the military, saw their stock wealth increase by nearly 20% compared to the survey in February.

Chairman Bang Si-hyuk of HYBE and BTS featured on the cover of Time magazine. [Photo=Time]

According to a survey conducted by the corporate analysis specialist Korea CXO Institute on the ‘Status of Individual Shareholders with a Stock Valuation of Over $8.5 million Among Major Domestic Culture and Content Stock Items’ on the 18th, as of the 12th, there were a total of 34 individual shareholders with a stock valuation of over $8.5 million. This is the same number as the survey on February 10th. The total stock wealth of the 34 people identified recently exceeded $3.93 billion.

Among the total stock assets of 34 people with a stock valuation of over $8.5 million, Chairman Bang’s stock valuation accounted for an overwhelming 65.8%. The scale of the stock assets held by Chairman Bang was valued at $3.22 billion as of the 12th of this month.

Chairman Bang holds 13,151,394 shares of HYBE. The stock valuation exceeded $2.55 billion when multiplied by the closing price of 234,000 won on the 12th of this month. Compared to the stock valuation of Chairman Bang, which was identified as $2.18 billion on February 10th, the amount increased by about $438 million in 10 months.

As of the 12th of this month, the scale of Chairman Bang’s stock assets was 6.1 times larger than that of JYP’s Park Jin-young, the Chief Creative Officer (CCO) and the second richest in stocks ($434.6 million). It was 18.3 times larger than YG Entertainment’s founder Yang Hyun-suk ($143.6 million), the third richest in stocks. Even if the stock valuations of CCO Park and Founder Yang were combined, Chairman Bang Si-hyuk was more than four times larger, showing a different class in stock assets.

Chairman Bang’s stock assets, which were $2.18 billion at the time of the survey on February 10th, fell slightly to $2.11 billion at the end of March. However, it turned upward at the end of April ($2.97 billion) → end of May ($3.07 billion) → end of June ($3.15 billion). After reaching the peak at the end of June, the stock valuation gradually declined at the end of July ($2.88 billion) → end of August ($2.76 billion) → end of September ($2.60 billion) → end of October ($2.39 billion) → end of November ($2.35 billion), falling below $2 billion. However, it exceeded $2 billion again on the 12th of this month, which is December.

Chairman Bang Si-hyuk of HYBE featured on the cover of the April issue of Billboard magazine. [Photo=Billboard Magazine]

Including Chairman Bang, 12 people were confirmed to be included in the $100 million club in stock assets as of this month’s survey among individual shareholders who own HYBE stocks. The individual shareholder with the second-highest stock valuation at HYBE after Chairman Bang was Scooter Braun, CEO of HYBE America, with a valuation of $714 million.

Following that, Pierre Thomas and Kevin Lee, who have been holding HYBE stocks since April 7th, were identified as having stock assets in the $300 million range, each with $29.3 million. Kim Shin-kyu, Chief of Management (CAMO), had a stock valuation of $17.5 million as of the 12th of this month, an increase of more than $2.9 million compared to the survey in February.

All seven members of BTS were found to have over $8.5 million. The BTS members, all born in the 1990s, hold between 52,385 and 68,385 shares of HYBE.

Four members, Min Yoon-gi (born in 1993), Park Ji-min·Kim Tae-hyung (born in 1995), and Jeon Jung-kook (born in 1997), all had 68,385 shares. The individual stock valuation of these four members exceeded $14.2 million. Jung Ho-seok (born in 1994) and Kim Nam-joon (born in 1994) held 62,784 and 58,000 shares respectively, valued at $13.2 million and $12.2 million respectively.

Kim Seok-jin (born in 1992) had the relatively fewest shares among BTS members with 52,385 shares, but the stock value exceeded $10.9 million as of the 12th of this month. Compared to the survey on February 10th, the individual stock assets of BTS increased by nearly 20%. In terms of amount, the stock value increased by more than $1.8 million per person in 10 months.

Park Jin-young (second from left), CCO of JYP, and Bang Si-hyuk (third from left), Chairman of HYBE, appearing on the program ‘You Quiz on the Block’. [Photo=tvN]

In the December survey, the $100 million club in stock assets in the culture and content sectors was dominated by 14 people born in the 1970s. The top three stock-rich individuals, Chairman Bang and CCO Park, were born in 1972, and Founder Yang was born in 1970. HYBE’s CAMO Kim Shin-kyu was also identified as being born in 1977.

Next were △Dexter Studio’s largest shareholder Kim Yong-hwa (born in 1971, $35.4 million) △Wizix Studio’s CEO Park In-kyu (born in 1974, $29.3 million) △YG’s CEO Yang Min-seok (born in 1973, $29.1 million) △Cube Entertainment’s CEO Kang Seung-gon (born in 1974, $17.4 million) △RBW’s CEO Kim Jin-woo (born in 1978, $16 million) ▲FNC Entertainment’s CEO Han Sung-ho (born in 1974, $14.8 million) △RBW’s CEO Kim Do-hoon (born in 1974, $14 million) △Samhwa Networks’ CEO Shin Sang-yoon (born in 1975, $12.9 million) △JYP’s CEO Jung Wook (born in 1971, $11.5 million) △Samhwa Networks’ shareholder Shin Jae-eun (born in 1973, $8.9 million) in order.

In addition, although they were excluded from this survey’s stock items, there were also shareholders Park Soon-ae (Pungkook Liquor, $18.4 million) and Ham Yeon-ji (Ottogi, $14.6 million) who made it to the $100 million club in stock assets among celebrities. Actor Bae Yong-jun (Blitzway, $8.2 million) was on the list of the $100 million club in stock assets as of the survey in February but fell below $10 million in the December survey.

Oh Il-seon, the director of the Korea CXO Institute, said, “In the stock items centered on movies, albums, and dramas, whether a specific actor or singer stays in the company or leaves has a great impact on future stock prices,” and added, “This is interpreted as proof that cultural figures such as celebrities, as well as CEOs of listed companies, have evolved into ‘human capital’ that greatly influences corporate value, beyond the dimension of simple ‘human resources’.

By. Yu Mi Jang

inews24
content@viewusglobal.com

Comments1

300

Comments1

  • AoolImalf

    Both of these will allow us to make an early diagnosis with the option then of stopping a severe seroconversion illness early and preventing early immune damage and also allowing the newly infected HIV positive patient to limit the accidental further spread of HIV. The first time you <a href="http

[LATEST] Latest Stories

  • NIS Hints at Kim Jong Un's Visit to Russia—Could Major Weapons Transfers Be Next?
  • Putin Sends 70+ Animals to North Korea’s Zoo—Including Female Lions
  • New UK and U.S. Weapons Target Russia—What Does North Korea Think of These Strategic Strikes?
  • Trump Joins Musk for SpaceX Starship Test Launch in Texas
  • F-15K Fighters Gets $6 Billion Upgrade, Including Advanced Radar and Defense Systems
  • Ukraine Launches U.S.-Provided Ballistic Missiles Into Russia, Sparking Nuclear Threats

Weekly Best Articles

  • Pizza or Nightmare? China’s Goblin Pizza Leaves Diners Shuddering
  • North Korea’s Secret Talks with Putin: What’s Really Going On Between the Two Countries?
  • Judge in Shanghai Calls Cryptos ‘Commodities,’ But Cautions Against Speculation and Crime
  • President Yoon’s Interpreter Faces Off with Brazilian Security in Tense G20 Moment
  • North Korean Soldiers Accused of Gang-Raping Russian Student During Training
  • North Korea’s Hidden Nuclear Plans Revealed – And They’re More Dangerous Than We Thought
  • North Korean Leader’s Nuclear Threats Intensify as Troops Engage in Russia-Ukraine Conflict
  • Ukraine Just Got Its Deadliest Weapon—Is This the Most Dangerous Move Yet?
  • NIS Hints at Kim Jong Un’s Visit to Russia—Could Major Weapons Transfers Be Next?
  • U.S. Faces $3.4 Billion Economic Loss as China Tightens Control Over Essential Tech Minerals
  • Putin Sends 70+ Animals to North Korea’s Zoo—Including Female Lions
  • Walmart’s Sales Soar to $169.59 Billion – What’s Driving Their Record Growth?

You May Also Like

  • 1
    Huawei’s Struggle to Keep Up: U.S. Sanctions Threaten China’s Semiconductor Ambitions

    BUSINESS 

  • 2
    North Korea and Russia Meet for Crucial Trade Talks—Here’s What Happened

    ASIA 

  • 3
    Israeli Man, 71, Dies in Hezbollah Ambush After Crossing into Lebanon in Military Uniform

    WORLD 

  • 4
    U.S. Embassy Closes, Orders Evacuation Over Airstrike Intelligence

    WORLD 

  • 5
    NVIDIA's Explosive Growth: 94% Revenue Jump and a $19.3 Billion Profit

    BUSINESS 

Popular Now

  • 1
    UN Resolution Targets North Korea’s ‘Evil’ Laws and Nuclear Ambitions—A Wake-up Call to the Regime

    WORLD 

  • 2
    UK’s Storm Shadow Missiles Join the Battle in Russia as North Korean Forces Enter the Conflict

    WORLD 

  • 3
    UN Votes for 20th Straight Year to Condemn North Korean Human Rights Violations

    WORLD 

  • 4
    Why Dehydration Could Be More Dangerous in Winter Than You Think – Here's How to Stay Hydrated

    LIFESTYLE 

  • 5
    THIS $279,000 Cruise Offers a 4-Year Getaway From Trump’s America

    DEBATE 

Weekly Best Articles

  • Pizza or Nightmare? China’s Goblin Pizza Leaves Diners Shuddering
  • North Korea’s Secret Talks with Putin: What’s Really Going On Between the Two Countries?
  • Judge in Shanghai Calls Cryptos ‘Commodities,’ But Cautions Against Speculation and Crime
  • President Yoon’s Interpreter Faces Off with Brazilian Security in Tense G20 Moment
  • North Korean Soldiers Accused of Gang-Raping Russian Student During Training
  • North Korea’s Hidden Nuclear Plans Revealed – And They’re More Dangerous Than We Thought
  • North Korean Leader’s Nuclear Threats Intensify as Troops Engage in Russia-Ukraine Conflict
  • Ukraine Just Got Its Deadliest Weapon—Is This the Most Dangerous Move Yet?
  • NIS Hints at Kim Jong Un’s Visit to Russia—Could Major Weapons Transfers Be Next?
  • U.S. Faces $3.4 Billion Economic Loss as China Tightens Control Over Essential Tech Minerals
  • Putin Sends 70+ Animals to North Korea’s Zoo—Including Female Lions
  • Walmart’s Sales Soar to $169.59 Billion – What’s Driving Their Record Growth?

Must-Reads

  • 1
    Huawei’s Struggle to Keep Up: U.S. Sanctions Threaten China’s Semiconductor Ambitions

    BUSINESS 

  • 2
    North Korea and Russia Meet for Crucial Trade Talks—Here’s What Happened

    ASIA 

  • 3
    Israeli Man, 71, Dies in Hezbollah Ambush After Crossing into Lebanon in Military Uniform

    WORLD 

  • 4
    U.S. Embassy Closes, Orders Evacuation Over Airstrike Intelligence

    WORLD 

  • 5
    NVIDIA's Explosive Growth: 94% Revenue Jump and a $19.3 Billion Profit

    BUSINESS 

Popular Now

  • 1
    UN Resolution Targets North Korea’s ‘Evil’ Laws and Nuclear Ambitions—A Wake-up Call to the Regime

    WORLD 

  • 2
    UK’s Storm Shadow Missiles Join the Battle in Russia as North Korean Forces Enter the Conflict

    WORLD 

  • 3
    UN Votes for 20th Straight Year to Condemn North Korean Human Rights Violations

    WORLD 

  • 4
    Why Dehydration Could Be More Dangerous in Winter Than You Think – Here's How to Stay Hydrated

    LIFESTYLE 

  • 5
    THIS $279,000 Cruise Offers a 4-Year Getaway From Trump’s America

    DEBATE 

Share it on...