All seven members of boy band BTS have become multimillionaires after their label, Big Hit Entertainment, pulled off South Korea's biggest stock market listing in three years.
Hong Kong All seven members of boy band BTS have become multimillionaires after their label, Big Hit Entertainment, pulled off South Korea's biggest stock market listing in three years.
The K-pop label is issuing its shares at 135,000 won each, Big Hit said in a filing on Monday, raising 962.55 million won and valuing the company at 4.8 trillion won . That makes the deal South Korea's largest stock offering since July 2017, according to data compiled by Dealogic. The company is run by CEO Bang Si-Hyuk, a longtime music producer who is credited with creating BTS and setting it on the road to stardom in 2013.
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