BTS Members Are Now All Multi-Millionaires!
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justjared.comHuge congrats are in order to the seven members of the hit K-pop band BTS – they are all officially multi-millionaires!
This happened because “their label, Big Hit Entertainment, pulled off South Korea’s biggest stock market listing in three years,” CNN reports.
CNN also reports that the company is issuing its “shares at 135,000 won ($115) each, raising 962.55 million won ($822 million) and valuing the company at 4.8 trillion won ($4.1 billion)” in the new report.
Each member of the band was given 68,385 shares in August, and at the issue price, they’re now each worth $7.9 million. Wow!
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