‘3.2 trillion won’ CEO Bang Si-hyuk, Big Hit … Beyond President Eui-sun Eui-seon, Korea’s stock-rich rise to eighth place

On the 15th, the first day of trading on KOSPI, Bang Si-hyuk, CEO of BTS group agency Big Hit Entertainment, ranked eighth in Korea, beating Hyundai Motor Group president Eui-sun Eui- sun, with shares totaling 3.2 trillion won.

The Big Hit shares owned by Bang were a total of 12,373,337 shares (34.74% stake), for a total of 3,193.4 billion won. Compared to the stock property rankings of publicly traded companies in Korea (based on closing price for the day), it ranks eighth after Amorepacific Group Chairman Seo Kyung-bae (3.244 trillion won).

The ninth place is President Eui-sun Eui-sun, who took over as the director of Hyundai Motor Group on the 14th, which is more than 30 billion won in the stock assets of President Chung (3.1587 billion won won).

Far surpassing existing entertainment stocks such as Park Jin-young, founder of JYP Entertainment (2.142 billion won) and YG Entertainment founder Yang Hyun-suk (143.7 billion won), has become into a classy rich man who is virtually unrivaled in the entertainment industry.

The BTS members, who received 68,385 shares per person from CEO Bang, also have a stake worth 17.6 billion won.

In addition to CEO Bang and members, but also other members of Big Hit, executives and employees received the stock option (stock option), which resulted in tens of billions of valuation gains.

On the other hand, Big Hit’s starting price on this day was 270,000 won, and the highest price reached 351,000 won, so it went straight to the so-called ‘dasang’. ‘Daesang’ means that the initial price starts at twice the public offering price at the time of opening and then goes directly to the upper limit price, which is 30% higher than the price. Big Hit’s public offering price is 135,000 won.

Reporter Kim Dong-hwan [email protected]