#873

Bang Shi-hyuk

Korea 53 years old Self-Made

Overview

Source of Wealth
entertainment
Residence
Seoul
Marital Status
Single

Assets

  • Big Hit Entertainment
    12,525,865 shares @ -
    -
    352820-KR

Biography

Bang Shi-hyuk is the founder and chairman of Hybe (formerly Big Hit Entertainment), one of Korea's largest music labels and entertainment agencies.

He took the company public in October 2020 in what was South Korea's largest IPO in three years, which made him a billionaire.

Hybe's success is attributed to its seven-member boy band, BTS, which scored five No. 1 albums on the U.S. Billboard 200.

Bang worked as a composer for JYP Entertainment, one of Korea's "Big Three" music agencies, before venturing out on his own.

In May 2021, Hybe acquired Ithaca Holdings, which manages Justin Bieber and Ariana Grande, for over $1 billion.