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'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's biggest IPO in years. It'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
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.