BTS are making all the right moves on-stage and in the stock market.
The K-pop band’s label, Big Hit Entertainment, posted South Korea’s biggest stock market listing in three years, issuing shares at $115 each. Big Hit is now valued at $4.1 billion! CEO Bang Si-Hyuk is the group’s longtime music producer owns 43% of the company, making him a billionaire.
What about the guys? Reports say Bang gave each BTS band member shares equaling out to nearly $7.9 million each.
Making large sums of money is contingent on diversifying your assets, something BTS knows all about. Just last week, the released an action packed trailer for their upcoming mobile game, BTS Universe Story.
The game drops September 24 on iOS and Android platforms. An official website touts the project as an interactive storytelling experience allowing players to make choices in order to decide narrative outcomes.
Don’t their presence on global socio-political commentary. The K-pop supergroup appeared via video at the 75th UN General Assembly to talk about the impact of the COVID-19 pandemic. RM kicked things off by saying, "COVID-19 was beyond my imagination. Our world tour was totally cancelled, all our plans went away, and I became alone. I looked up but couldn't see the stars at night."
The rest of the group then explained how isolated they felt, and how that led to them working on new songs.
"I don't know who was first. We embraced all these emotions and the seven of us began to make music together," said J-Hope, according to Billboard. "This is where the music came from."