HYBE official Bang Si Hyuk's wealth has reportedly decreased significantly.
Forbes reported that Bang Si Hyuk, who is the founder of Big Hit Music and music producer HYBE Labels, occupies the 16th position on the list of the richest South Koreans in 2023.
In fact, previously Bang Si Hyuk who was the face of the music agency HYBE Labels for debuting the popular idol boy group BTS ranks 12th on the list of the richest South Koreans in 2022.
Bang Si Hyuk's wealth this year was recorded at 1.9 billion US dollars or around 27.8 billion rupiah, while in the previous year his wealth reached 3.3 billion US dollars or more than 48.4 billion rupiah.
From the data written by Forbes, it can be seen that Bang Si Hyuk's wealth has decreased by almost half, which is around 1.4 US Dollars or 20.5 billion Rupiah.
The question arises, where did Bang Si Hyuk's 20.5 billion or who is familiarly called Bang PD Nim go?
Launching from Koreaboo, the loss of net worth of Bang Si Hyuk seems to be a concern for the South Korean Billionaire.
In fact, Forbes was mentioned to the extent that Bang Si Hyuk's wealth had decreased.
Forbes cited that the stock market crash and the weakening of the South Korean Won were the reasons for the decline in Bang Si Hyuk's wealth
It is known, not only Bang Si Hyuk, South Koreans whose total wealth has decreased.
Jay Y. Lee, Executive Chairman of Samsung Electronics, is also known to have decreased by 2 billion US dollars or around 29.3 billion rupiah.
Despite the declining fortunes of Bang PD Nim, Bang Si Hyuk's achievements in the music industry are said to be unparalleled.
Bang Si Hyuk has broken many awards in 2022 to the point where he was able to conduct an interview with Billboard telling the story of his struggle for success until he revealed SM Entertainment's phenomenal acquisition attempt last March. /kpopchart.net
