BTS Band Members Make Millions as Big Hit Shares Surge in IPO

Bloomberg
Bloomberg
Oct 15, 2020 · 5 min read
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Confetti falls on Bang Si-hyuk, middle, and other attendees at the Big Hit Entertainment Co.’s IPO ceremony at the Korea Exchange in Seoul on Oct. 15. Photo: Seong Joon Cho/Bloomberg

By Sohee Kim and Heejin Kim

K-pop agency Big Hit Entertainment Co. soared on its debut trading Thursday, boosting the fortunes of its billionaire founder and seven multimillionaire members of the world’s best-known boy band, BTS.

The management company, which makes almost all of its revenue from the pop sensation, opened at 270,000…

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