Big Hit Entertainment, the world’s most successful Korean singer-songwriter, has become the largest shareholder in South Korea’s stock market in three years, bringing the total to seven millionaires. :
This has made it South Korea’s largest stock market since 2017. Big Si Entertainment producer Bang Si Hyuk now owns a 43% stake in the company and is now a billionaire. He awarded more than 68,000 shares to each of the seven BTS members in August this year. They now have a net worth of $ 7.9 million each.
In addition to the shareholding of BTS members and the founders of Big Hit Entertainment, BTS ‘success in the Big Hit stock market has also had an impact on shares. Following the success of BTS, Big Hit Entertainment generated $ 500 million in revenue and $ 84 million in profits. The contract between BTS and Big Hit Entertainment will expire at the end of 2024.
The BTS, a group of seven handsome boys, is one of the most successful groups in the world. Last year, their album peaked at number one on the Billboard 200 chart three times in a row over the past 12 months, second only to The Beatles and The Monkees.
On Monday, Big Hit Entertainment announced that BTS will release their second album on November 20. The English song “Dynamite” was released in August, breaking the record of 101.1 million views on YouTube in 24 hours. The song is currently number one on the Billboard 200.