More congrats to BTS. Each member has received 68,385 shares of their agency and each share will be worth up to $113 when the agency goes IPO this year. That means each member will be at least $7.7 million rich the moment shares are listed. Of course it& #39;s only a start.
With so much liquidity out there and so much momentum behind BTS, Big Hit Entertainment may end up pulling off Korea& #39;s biggest IPO in years. It& #39;s not chips, phones or cars anymore, but K-pop, games and pharmaceuticals that are fueling the market. https://www.bloomberg.com/news/articles/2020-09-02/k-pop-superstars-bts-s-agency-seeks-up-to-812-million-in-ipo?utm_source=google&utm_medium=bd&cmpId=google&sref=0KRdLRam">https://www.bloomberg.com/news/arti...
And personally, I think each BTS member is worth WAYYYYYYYYY MORE than $7.7 million. The share transfer, as Bit Hit Entertainment puts it, is just a perk.