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K-Pop band BTS became multi-millionaires minutes after their record label's hit IPO doubled on its stock market debut

10 days ago   |   By Business Insider

Summary List Placement
BTS, the seven-member Korean boy band, has raked in a fortune after its record label's hit IPO doubled upon its stock market debut in Seoul.
Big Hit Entertainment's shares soared as much as 160% from their IPO price on Thursday, pushing the company's market value to 10 trillion won .
The band members were already millionaires after Big Hit's CEO granted each one an $8 million stake in August.
The CEO himself, Bang Si-Hyuk, is worth about $1.4 billion.
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The members of chart-topping Korean boy band BTS have become...
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Shares in firm behind South Korean hit BTS soar in trading debut

Shares in firm behind South Korean hit BTS soar in trading debut

11 days ago   |   By Belfast telegraph

Shares of South Korea's Big Hit Entertainment, the company that manages global pop sensation BTS, have soared in their trading debut in Seoul.
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