BTS members have joined the ranks of the music industry's wealthiest shareholders, a testament to their ongoing success in the industry. Despite several members being away for military service, their stock values continue to rise. Recent reports indicate that all seven members are now part of the 10 billion won ($7.7 million) shares club, placing them among the top stockholders in Korea's entertainment and music sector.
Following the release of their documentary series, ‘BTS Monuments: Beyond The Star,’ their personal stock holdings saw a significant increase, with their shares' value rising by 20% compared to February. This places them among the top shareholders in South Korea's entertainment industry, with their combined shares valued at more than 10 billion won. Only 34 individuals, including BTS, own shares worth more than 10 billion won (approximately ₹63 crore).
SUGA, Jimin, V, and Jungkook led the pack with shares valued at around 16 billion KRW each.
J-Hope, RM, and Jin followed closely with shares estimated at 14.6 billion KRW, 13.5 billion KRW, and 12.2 billion KRW, respectively.
The worth of the shares held by each of the seven members of BTS exceeded 10 billion won.
The report stated ‘Their earnings can be credited to the triumph of several artists affiliated with HYBE's music labels this year. Notably, groups like NewJeans and Seventeen, along with the individual achievements of BTS members, have taken the lead on global music charts.’
Bang Si Hyuk, the creator of HYBE, has secured the top spot on the list with equities valued at an incredible 3.07 trillion KRW. Scooter Braun, the CEO of HYBE's American division, holds a substantial quantity of HYBE shares, estimated to be worth 84.7 billion KRW.
Following them on the list are the CEOs of JYP and YG Entertainment. Each BTS member received 68,385 shares from Bang Si Hyuk when their contracts with the company were renewed in 2018.
However, BTS members are no longer required to reveal their stocks, as their specific contract for stocks with Bang expired in September. The agency clarified this when rumors about BTS selling their stocks circulated. Fans are now celebrating them as the 'Kings of K-pop' who 'own the market.'
Also Watch: K-Pop star Aoora's family expresses displeasure with Bigg Boss 17