What’s Bang Si-hyuk’s Net Worth?
Bang Si-hyuk is a South Korean document govt, producer, composer, and lyricist. Bang Si-hyuk has a net worth of $3 billion. The founding father of leisure firm Hybe Company and its subsidiary Large Hit Music, he is likely one of the 50 richest folks in South Korea, and the one billionaire in that nation’s leisure business. Bang has produced albums by such teams as 2AM, Teen Prime, GFriend, and world phenomenon BTS.
Early Life and JYP Leisure
Bang Si-hyuk was born on August 9, 1972 to a household of musicians. His ardour for music began early on, though his mother and father urged him in opposition to following a profession within the area. As a teen, Bang went to the all-boys Kyunggi Excessive Faculty. He subsequently attended Seoul Nationwide College, the place he made his debut as a composer.
Within the mid 90s, Bang met Park Jin-young, with whom he went on to write down quite a few songs. Park finally based his personal firm, referred to as JYP Leisure, which Bang joined as a producer, composer, and arranger. Early on, the duo discovered success producing “Chapter 1,” the debut album of the group g.o.d. On the album, Bang organized the hit songs “One Candle” and “Highway.” Following the discharge of “Chapter 1,” g.o.d. went on to grow to be one of the crucial well-liked boy bands in South Korea. It was round this time that Bang grew to become identified by the stage title “Hitman,” on account of his potential to launch hit bands.
Large Hit Leisure
Upon leaving JYP Leisure in 2005, Bang based his personal firm referred to as Large Hit Leisure. There, he continued to compose, write, and produce music for hit artists. In 2007, he served as a producer on “The Marvel Years,” the debut album by the lady group Marvel Women. Three years later, he produced the debut studio album by the boy band 2AM, entitled “Saint o’Clock.” The album spawned the hit singles “Like Loopy” and “You Would not Reply My Calls.”
In 2011, Bang produced a lot of albums, together with Lee Seung-gi’s “Tonight,” Teen Prime’s “Roman,” and Homme’s “Homme by Hitman Bang.” The following 12 months, he produced Lee Hyun’s “The Therapeutic Echo.” Bang has additionally produced works by such well-liked artists as IZ, TXT, GFriend, and Seventeen.
In 2013, Bang started his most profitable partnership when he helped launch the profession of the boy band BTS. Beginning with the group’s debut single album “2 Cool 4 Skool,” Bang has gone on to supply over 20 albums by BTS, together with “O!RUL8,2?,” “Skool Luv Affair,” “Darkish & Wild,” “The Most Lovely Second in Life,” “Wings,” “Love Your self,” and “Map of the Soul.” Bang additionally co-wrote six songs on “Wings”; for the album, he gained the Finest Producer Award on the Mnet Asian Music Awards and the Finest Songwriter Award on the Melon Music Awards.
Bang was integral to the meteoric rise of BTS, which stands because the best-selling group in South Korean music historical past with greater than 20 million albums offered. With their 2018 album “Love Your self: Tear,” BTS grew to become the primary Korean musical act to prime the US Billboard 200. Later, in 2020, the group grew to become the primary Korean act to make it to primary on each the Billboard World 200 and the US Billboard Sizzling 100, which they did with the hit single “Dynamite.” 5 number-one singles adopted, together with “Savage Love,” “Butter,” and “Permission to Dance.”
Because of his huge success as a producer, significantly for his contributions to BTS, Bang was estimated to be value round $770 million in 2019. Only one 12 months later, his net worth skyrocketed to round $2.8 billion following the inventory launch of Large Hit Leisure. In consequence, Bang grew to become the one billionaire within the leisure business in South Korea, in addition to one of many prime ten richest folks within the nation. He subsequently ventured into cell functions, serving to to develop the platform Weverse, which hosts multimedia content material and facilitates communication between artists and followers. Moreover, Bang acquired a lot of different corporations, together with Pledis Leisure and Supply Music.
In 2021, Bang was ranked as one in every of Korea’s 50 Richest Individuals; he was ranked sixteenth. Shortly after, Bang resigned as CEO of Hybe Company, however stored his place as chairman of the board of administrators.
Bang has gained quite a few business honors for his songwriting, producing, and innovation, together with a number of Melon Music and Mnet Asian Music Awards. He has additionally gained producer awards on the Golden Disc Awards, Gaon Chart Music Awards, Seoul Music Awards, and Genie Music Awards.