Celebrity

Bang Si-hyuk Ranks Third Among Global Music Industry Stock Titans

Bang Si-hyuk, the chairman of HYBE Corporation, has risen to the third position among the world’s richest figures in the global music industry

According to Billboard on the 27th, Chairman Bang now holds the third-largest amount of shares, following Spotify co-founder Daniel Ek and Martin Lorentzon.

According to Billboard, Chairman Bang’s ownership stake in HYBE Corporation stands at 31.8%. His stake is estimated to be worth approximately 3.4 trillion KRW (2.54 billion USD).

Billboard stated, “Last year, the value of Chairman Bang’s held shares was 2.3 trillion KRW (1.7 billion USD),” and added, “This year, the increase in HYBE Corporation’s stock price has had a positive impact on Chairman Bang’s ranking.”

Park Jin-young, the Chief Creative Officer (CCO) of JYP Entertainment, secured the fifth position, while Yang Hyun-suk, the Chief Producer of YG Entertainment, ranked eighth.

Please note that financial figures may vary over time, and this translation is based on the provided text.

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