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BTS management top-earning Korean business leaders in 2021

Rose Weir 30/03/2022 2:31 AM

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BTS management top-earning Korean business leaders in 2021

HYBE main producer Kang Hyo-received, identified as P-dogg, received the greatest remuneration in accordance to a listing of earnings for prime business leaders, obtaining $32.9 million in 2021. HYBE is the management organization of South Korean boy team BTS. Image courtesy of HYBE&#13
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SEOUL, March 24 (UPI) — Officers at HYBE, the administration company for K-pop sensation BTS, had the highest earnings amid South Korean business leaders final calendar year, details released Thursday disclosed.

HYBE main producer Kang Hyo-gained, known as “P-dogg,” topped the list with earnings of $32.9 million in 2021, followed by HYBE The us CEO Yoon Seok-jun with $32.2 million and HYBE chief supervisor Kim Shin-gyu with $23 million.

Most of the businessmen’s earnings came from HYBE shares as they marketed inventory possibilities. The Seoul-primarily based label went general public in October 2020, getting the most lucrative leisure company in the state.

P-dogg has been working with BTS since the group’s debut in 2013. He developed various strike music for the band, like “Boy with Luv,” “Blood Sweat & Tears” and “DNA.”

The team is among the the most well known in the globe. Final calendar year, their hit “Butter” sat atop the Billboard Very hot 100 music chart for 10 weeks.

On the identical list, CJ Team Chairman Lee Jae-hyun experienced the fourth-best income with $17.9 million, adopted by previous Krafton CEO Kim Hyo-sub with $17.8 million.

Krafton is a South Korean gaming corporation that has developed video games these types of as “PUGB: Battlegrounds” and “Tera.”

SKC President Lee Wan-jae arrived in at No. 6 with $17.5 million, followed by Lotte Team Chairman Shin Dong-bin with $12.3 million, and SK Biopharmaceuticals CEO Cho Jeong-woo with $9.6 million.

Excluding Lee Jae-hyun and Shin, the other a few joined the record by doing exercises their stock alternatives previous 12 months.

Shin acquired remuneration from Lotte Group’s keeping firm Lotte Corp. and 5 of its affiliate marketers, such as Lotte Chemical and Lotte Buying.

By distinction, Samsung Electronics Vice Chairman Lee Jae-yong did not obtain a salary from the tech big past 12 months.

“I am skeptical irrespective of whether a CEO can function for 6 businesses at the identical time and get substantial salaries from every,” Seoul-primarily based small business tracker Leaders Index founder Park Ju-gun instructed UPI Information Korea.

“I assume Lotte Chairman Shin’s remuneration method is not acceptable as it seems to damage the value held by shareholders. In the United States, these kinds of a procedure would not be acknowledged by shareholders,” he said.

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