HYBE Chairman Bang Si Hyuk saw his stock wealth soar by over 500 billion won ($350 million) in the first quarter of this year, cementing his status as the wealthiest celebrity shareholder in Korea. In contrast, JYP’s COO Park Jin Young experienced a sharp decline in his stock value, losing nearly 45 billion won ($31.5 million).
According to the Korea Exchange, Bang’s stock assets rose from 2.5816 trillion won ($1.8 billion) at the start of the year to 3.0971 trillion won ($2.2 billion) by the end of March. That marks a 515.5 billion won ($361 million, +20.0%) increase over just three months, based on closing prices from January 2nd to March 31st. Bang is the largest shareholder of HYBE, holding 13.15 million shares (31.57%) as of the end of last year.
During the same period, YG’s executive producer Yang Hyun Suk also saw substantial gains. His stock assets increased from 161.5 billion won ($113 million) to 227.2 billion won ($159 million)—a jump of 65.7 billion won ($46 million, +40.7%), which represents a higher growth rate than Bang’s. Yang currently owns 3.61 million shares (19.33%) of YG.
Meanwhile, Park Jin Young, the largest shareholder of JYP Entertainment (with 5.46 million shares, or 15.37%), saw a significant drop as JYP’s stock declined sharply in Q1. His stock value fell from 369.2 billion won ($259 million) to 323.3 billion won ($226 million), resulting in a loss of 45.8 billion won ($32 million, -12.43%).
As for Bae Yong Joon, he sold all of his KeyEast shares to SM Entertainment in 2018. He now holds 3.87 million shares (7.78%) in Blitzway Studio. As of the end of March, his stock assets were valued at 6.05 billion won ($4.2 million), down 333 million won ($233,224, -5.26%) from 6.34 billion won ($4.4 million) at the beginning of the year.
>> Slimmed-Down HYBE Chairman Bang Si Hyuk Raves About J-Hope’s Concert
Source (1)
