Bang Si-hyuk, Surpassing MK to Rise to 5th Place... Major Shift in Stock Tycoon Rankings

All 7 BTS Members Join the Ranks of Stock Market Investors

[Asia Economy Reporter Geum Bo-ryeong] As the listing date of Big Hit Entertainment approaches, attention is focused on whether Bang Si-hyuk, CEO of Big Hit, can surpass Chung Mong-koo, Chairman of Hyundai Motor Group, to become the 5th richest stockholder.

According to the financial investment industry on the 5th, Big Hit will conduct a general subscription for 1,426,000 shares from today until the 6th, and is scheduled to be listed on the KOSPI market on the 15th.

One of the biggest points of interest is the value of CEO Bang's shares. CEO Bang owns 12,377,337 shares (43%) of Big Hit stock. Based on the public offering price of 135,000 KRW, the valuation of CEO Bang's shares is 1.6709 trillion KRW. Compared to the ranking of listed company stockholders compiled by financial information company FnGuide as of the 29th of last month, this corresponds to 14th place. He is ahead of Lee Boo-jin, CEO of Hotel Shilla, and Lee Seo-hyun, Chairwoman of Samsung Welfare Foundation (each with 1.6096 trillion KRW).

If Big Hit stock forms an opening price at twice the public offering price and hits the upper limit price, known as "ttasang," CEO Bang's share valuation will leap to 4.3444 trillion KRW. This surpasses Chairman Chung (4.3436 trillion KRW), placing him 5th among stockholders.

If the stock hits the upper limit price again the day after the listing (ttasang-sang), CEO Bang's share value soars to 5.6478 trillion KRW, potentially reaching 3rd place among stockholders. The stockholder ranking is as follows: 1st Lee Kun-hee, Chairman of Samsung Electronics (17.6117 trillion KRW), 2nd Lee Jae-yong, Vice Chairman of Samsung Electronics (7.1299 trillion KRW), 3rd Seo Jung-jin, Chairman of Celltrion (4.7295 trillion KRW), and 4th Kim Beom-su, Chairman of Kakao (4.5565 trillion KRW).

BTS, who belong to Big Hit, are also highly likely to join the ranks of wealthy stockholders. In early August, CEO Bang gifted a total of 478,695 common shares equally to the 7 BTS members. Each member received 68,385 shares. Calculated at the public offering price, the valuation of one BTS member's shares is 9.232 billion KRW. If "ttasang" occurs, it rises to 24 billion KRW, and in the case of "ttasang-sang," it surges to 31.2 billion KRW.

Not only BTS but also Big Hit employees can expect a "jackpot." Yoon Seok-jun, Global CEO, holds 120,000 stock options to purchase Big Hit shares at 1,063 KRW per share. 1,063 KRW is about 1/127th of the public offering price. Kim Shin-gyu, General Director of Management, and one unnamed employee also hold 88,000 and 128,000 stock options respectively. Based on the public offering price, the estimated gains are 16.1 billion KRW for CEO Yoon and 11.8 billion KRW for Director Kim. In the case of "ttasang," these increase to 42 billion KRW and 30.8 billion KRW respectively.

For employees, 20% of the public offering shares, 1,426,000 shares, were allocated to the employee stock ownership association. As of July 31, Big Hit had 313 employees, allowing an average subscription of 4,556 shares (615 million KRW) per person. If "ttasang" occurs, the share value rises to about 1.6 billion KRW.

The employee stock ownership association subscription is conducted only for one day today, and institutional investors' subscriptions continue until the 6th. Big Hit recorded a competition rate of 1,117.25 to 1 in the demand forecast targeting a total of 1,420 domestic and foreign institutions on the 24th and 25th of last month.

This content was produced with the assistance of AI translation services.