Bang PD sold 7.82% of BigHit stake & secured â‚©65B($57M USD) in cash, it is beneficial to become the wealthiest man beyond Lee Soo Man.

[Ash-Pikachu]

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Big Hit's Bang Si-Hyuk selling 7.82% of the company stake and secured KRW 65 BILLION (USD 57M) in cash.

 

This sale is reportedly good for the benefit of company.

K-media have further stated that if Bang PD-nim will do IPO, he will become...

The wealthiest man in entertainment industry in South Korea beyond Lee Soo Man of SM.

[Buttered Sone]

Beat that Interpol criminal to dust

 

 

 

 

Save SNSD tho

[tide]

big titty gf secured the bag and i am jealous

[Cobalt]

That money 

[Lamington]

[JENKAI]

save EXO from SM please, uncle

[kittymommy]

How much did he hold before? And to whom did he sell this to?

[Baby Pickle]

floppy man oppar 

wait didn't he retired or something?

[StyleStartSbenu]

The estimated market cap for the company is 831.35 B won, at the price for how many shares he sold.

[Love_Maze]

How much did he hold before? And to whom did he sell this to?

He hold 50% stake before and now he's left with around 43%. It wasnt stated in the article to whom he sold the share tho.

[KOREA'S PRIDE BTS]

Ohhh he's rich rich

[Vbdgshs]

please pay for my college

[halcyonights]

Is bighit required to do an ipo? Or will they be fine without it

[jaegirl]

Is bighit required to do an ipo? Or will they be fine without itIs bighit required to do an ipo? Or will they be fine without it

They're fine without it currently. And seeing how the stocks are worth, they'll be fine for quite a while at least.

[beambr]

Is bighit required to do an ipo? Or will they be fine without it

Is bighit required to do an ipo? Or will they be fine without it

Bighit isn't required to do an IPO.

They'll be fine without it as of now but if we'll look at it long term bighit will benefit a lot if they decided to go public this year... This will help them expand more, build their own building etc.

[hamnn]

He hold 50% stake before and now he's left with around 43%. It wasnt stated in the article to whom he sold the share tho.

I think he still has 50 but sold other stocks but I could be completely wrong

 

 

 

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[Manalagi Bangtan]

 

 

big titty gf secured the bag and i am jealous

Me too. Bang PD has way more money than Bangtan's members.

[RYUZAKI]

Now he can watch any anime he wants!

[AriNoona]

I wonder when this sale happened and to who.

[vivianss]

IPO would be best for bighit when BTS is still on their peak of career.

But well..some people said BTS's peak was 2 years ago, others says last year, most will say now. So yeah..

 

Let's see how bighit's decision on this.

[KiriL]

Oh. Well, I honestly don't understand much in this, if they say it's a good decision, then it's a good one. For me everything is ok as soon as Bang is a main shareholder and has the biggest stake, which he still does.

[Alina1996]

I wonder if the members bought any shares.

[MinAi]

As long as he is still the main share-holder and hopefully he sold it to trusted person.

[BTS PAVED THE WAY]

Idk about finance but this smells like good news lmao

[Iska]

I wish he still held on to 50%, but his cousin owns a bit of shares too, i guess he felt confident about losing some stock ownerships.

 

I wanna hear that nts members bought the stocks hahaha wishful thinking