BTS Jin’s military service info & BigHit’s IPO status revealed; BTS to own BigHit shares

BTS’ representative ncy BigHit Entertainment registered ir IPO during mid- 2020. company will w be officially listed once formalities with Financial Supervisory Service are completed. As per latest developments, company has finished all documentation through a Data Analysis, Retrieval and Transfer System under FSS as per a report in Korean media portal, Soompi. Once company is listed under IPO, it will welcome investments from across public entities.

Also Re | BTS' RM's Fans React In Most Dramatic Ways Post ‘#BlueJoon’s’ Departure; Re Tweets

Jin's military enlistment

BTS, on or hand, is all set to own shares in company. On or hand, same report suggested that group’s eldest member Kim Seok Jin aka Jin can delay his military enlistment until end of 2021.  BigHit revealed details of BTS Jin’s enlistment and its effects on his ownership of  shares. As per report, BTS consists of members born between year 1992 and 1997.

Also Re | BTS' ARMY Call Out VMAs For A Major Mistake During Event; Re Details

company is planning to reduce risk to artists due to almost-2-year hiatus during mandatory military service. group’ members will still have a source of revenue generation through indirect activities such as merchandise, licensing and video content, royalties and more. BigHit’s largest source of revenue that is BTS will be protected under minimal risks from enlistment. as per reports in Soompi.

BTS' net worth

founder and owner of BigHit, Bang Si Hyuk, will have largest holding in company with over 40% of shares in his name. Furrmore, BTS members will also hold shares between 6% to 7%. Each member will hold shares worth $7.78 million to $8 million approximately, as per reports in Soompi. BTS' Dynamite also ded to earnings or group as per reports in Billboard.  

As per reports, BigHit is ‘gifting shares’ to BTS to increase cooperation and future involvement of artists as well as increase morale for future artists. band is at centre of all activities within BigHit and shares are likely to bring positive reinforcement to activities.

Which BTS member is richest?

Out of all members of BTS, J-Hope is having most net worth. He gained assets through his solo album with Becky G that is Chicken odle Soup and also Hope World. BTS' J-Hope's net worth is $12 million and recent dition with shares will only increase his and BTS' net worth as per reports in Seventeen magazine. 

Also Re | BTS' Jungkook Rings In Birthday With orable Messs From Members, Fans; See Tweets 

Also Re | BTS Sing ir Popular Song 'I’m On It' For A Car Commercial; Watch Here

DISCLAIMER | above information is sourced from various websites/ media reports. website does t guarantee a 100% accuracy of figures.