BTS members have entered the exclusive ranks of shareholders, marking another triumph following their dominance in the music industry with chart-topping tracks.
Despite Jin, Jimin, J-Hope, Suga, Jungkook, V, and RM being away for military service, their stock values continue to surge consistently. Recent reports reveal that all seven BTS members are now part of the 10 billion won ($7.7 million) shares club, securing top positions among the wealthiest stockholders in Korea's entertainment and music sector.
Shortly after the release of their documentary series, BTS Monuments: Beyond The Star, which delves into the journey of the seven-member South Korean boy band, a report from Korea CXO Institute revealed a significant boom in the personal stock holdings of BTS members.
The estimated value of their shares soared by 20% compared to just February, making them rank among the wealthiest shareholders in South Korea's entertainment industry. The shares owned by the seven members of BTS were valued at more than 10 billion won. Only 34 people, including the K-pop group, are the owners of shares worth more than 10 billion won (about ₹63 crore).
Here are the takeaway points:
SUGA, Jimin, V, and Jungkook led the pack with shares valued at around 16 billion KRW each.
J-Hope, RM, and Jin followed closely with shares estimated at 14.6 billion KRW, 13.5 billion KRW, and 12.2 billion KRW, respectively.
The worth of the shares held by each of the seven members of BTS exceeded 10 billion won.
The report further stated "Their earnings can be credited to the triumph of several artists affiliated with HYBE's music labels this year. Notably, groups like NewJeans and Seventeen, along with the individual achievements of BTS members, have taken the lead on global music charts."