Bang Si-hyuk

Bang Si-hyuk

$1.08 B

Ranked #3216 in World

About Bang Si-hyuk

Bang Si-hyuk, a pivotal South Korean songwriter, producer, and Big Hit Music and Hybe Corporation founder, stands out as the entertainment industry's only billionaire in South Korea with a net worth of $3.2 billion as of July 2021. Born in Seoul in 1972, Bang's early passion for music led to a successful career starting with a collaboration with Park Jin-young at JYP Entertainment, producing hits for numerous artists. Establishing Big Hit Entertainment in 2005, he notably discovered RM, catapulting BTS to global fame. Recognized for his contributions, Bang was listed among the fifty richest in South Korea, received an honorary business doctorate from Seoul National University in 2022, and has actively engaged in philanthropy, including significant donations towards disaster relief efforts.

Born

August 09, 1972 in South Korea

Age

53 years

Source Of Wealth

Entertainment

Industries

Media & Entertainment

Citizenship

South Korea

Residence

Seoul

Bang Si-hyuk, also known as Hitman Bang, was born on August 9, 1972, in Seoul, South Korea. He is the son of Bang Geuk-yoon, former president of the Korea Workers' Compensation and Welfare Corporation, and Choi Myung-ja. Bang developed a passion for music from an early age and formed a band with friends in middle school, writing and performing their own songs. He attended Kyunggi High School and later graduated from Seoul National University with a degree in aesthetics.

Bang Si-hyuk: Family

Bang Si-hyuk comes from a prominent family in South Korea. His father, Bang Geuk-yoon, was a successful businessman and former president of the Korea Workers' Compensation and Welfare Corporation. Bang's mother, Choi Myung-ja, is a homemaker. Bang has two older sisters, Bang Ji-young and Bang Ji-hyun.

Bang Si-hyuk: Career Highlights

Bang Si-hyuk's career in the music industry began while he was still in college. He debuted as a composer and won the Yoo Jae-ha Music Contest in 1994. This victory launched his career as a songwriter and producer. In 1997, he met Park Jin-young and the two collaborated as a songwriting duo. Bang later joined JYP Entertainment as a composer, arranger, and producer, where he worked with renowned artists such as g.o.d, Im Chang-jung, Park Ji-yoon, Rain, Wonder Girls, 2AM, Teen Top, and Baek Ji-young.

In 2005, Bang founded Big Hit Entertainment, which would later become one of the most successful entertainment companies in South Korea. He signed RM at the age of 15, who later became the leader of the boy band BTS. Bang co-wrote six songs for BTS's 2016 album Wings, which contributed to the group's rising popularity. His achievements in the music industry were recognized when he won the Best Producer Award at the Mnet Asian Music Awards and the Songwriter Award at the Melon Music Awards in 2016. In 2018, Bang was named one of Variety's International Music Leaders due to BTS's remarkable achievements.

Bang Si-hyuk: Companies

Bang Si-hyuk is the founder and former CEO of Big Hit Entertainment, which was renamed Hybe Corporation in 2021.

Hybe Corporation is a South Korean entertainment company that manages a diverse portfolio of artists, including BTS, TXT, SEVENTEEN, ENHYPEN, LE SSERAFIM, and NewJeans. The company also operates various subsidiaries, including Big Hit Music, Big Hit Labels, and Weverse Company.

Bang Si-hyuk: Major Achievements

Bang Si-hyuk's major achievements include founding Big Hit Entertainment and Hybe Corporation, which have become leading players in the South Korean entertainment industry. He has also played a pivotal role in the success of BTS, one of the most popular boy bands in the world. Bang's contributions to the music industry have been widely recognized, and he has received numerous awards and accolades, including the Best Producer Award, the Songwriter Award, and the Variety International Music Leader Award.

Bang Si-hyuk: Awards & Achievements

  • Best Producer Award at Mnet Asian Music Awards (2016)
  • Songwriter Award at Melon Music Awards (2016)
  • Variety International Music Leader (2018)
  • Honorary Doctorate in Business from Seoul National University (2022)

Bang Si-hyuk: Personal Life & Legacy

Bang Si-hyuk is married to Yoon Se-yeon, a former singer and actress. The couple has two children. Bang is known for his humble and down-to-earth personality, despite his immense success in the entertainment industry. He is also known for his philanthropy and has made significant donations to various charitable organizations.

Bang Si-hyuk: Trivia

  • Bang Si-hyuk is a big fan of classical music and jazz.
  • He is also an avid reader and enjoys reading books on philosophy and history.
  • Bang is a supporter of animal rights and has donated to animal welfare organizations.
  • He is a member of the board of directors of the Korea Music Copyright Association.
  • Bang Si-hyuk is one of the most influential figures in the South Korean entertainment industry and his legacy will continue to shape the industry for years to come.

Wealth History

Timeline

August 9, 1972

Bang Si-hyuk (Hitman Bang) is born in Seoul, South Korea.

1994

Bang Si-hyuk wins the Yoo Jae-ha Music Contest and begins his career writing and producing songs.

1997

Bang Si-hyuk meets Park Jin-young and collaborates as a songwriting duo.

2005

Bang Si-hyuk founds Big Hit Entertainment.

2016

Bang Si-hyuk co-writes six songs for BTS's album Wings and wins Best Producer Award at Mnet Asian Music Awards and Songwriter Award at Melon Music Awards.

2018

Bang Si-hyuk is named one of Variety's International Music Leaders due to BTS's achievements.

2020

Big Hit Entertainment's IPO is the largest in South Korea in three years, and Bang Si-hyuk's net worth skyrockets to $2.8 billion, making him the only billionaire in South Korea's entertainment industry.

July 2021

Bang Si-hyuk resigns as CEO of Hybe Corporation to focus on music production.

2022

Bang Si-hyuk receives an honorary doctorate in Business from Seoul National University.

October 2022

Bang Si-hyuk donates 5 billion won (approximately $3.5 million) to the Community Chest of Korea.

February 2023

Bang Si-hyuk donates 200 million won to help the 2023 Turkey-Syria earthquake through Save the Children.

Bang Si-hyuk : FAQs

What is Bang Si-hyuk's current net worth?

Bang Si-hyuk's current net worth is $1.08 billion.

What is Bang Si-hyuk's current global rank among billionaires?

Bang Si-hyuk holds the 3216th position globally among billionaires.

What is Bang Si-hyuk's current ranking within the South Korea?

Bang Si-hyuk holds the 43rd position in South Korea.

What was the change in Bang Si-hyuk's net worth compared to the previous year?

Bang Si-hyuk's net worth decreased by 1.79 billion dollars compared to the previous year 2025, when his net worth was 2.87 billion dollars.

What is the recent change in Bang Si-hyuk's net worth?

Bang Si-hyuk's net worth decreased by 91.96 million dollars recently, a 8.52% decrease, with his net worth standing at 1.08 billion dollars.

What are Bang Si-hyuk's main sources of wealth?

Bang Si-hyuk's main source of income comes from Entertainment.

In which industry does Bang Si-hyuk primarily operate?

Bang Si-hyuk is primarily involved in the Media & Entertainment industry.

How old is Bang Si-hyuk?

Bang Si-hyuk is 53 years old.

Who is Bang Si-hyuk and what is he known for in South Korea?

Bang Si-hyuk, also known as Hitman Bang, is a South Korean songwriter, producer, and record executive, known for being the founder of Big Hit Music and Hybe Corporation. He is recognized as one of the fifty richest people in South Korea and the only billionaire in the country's entertainment industry.

How did Bang Si-hyuk start his career and what are some of his major achievements?

Bang Si-hyuk started his career by winning the Yoo Jae-ha Music Contest in 1994 and collaborating with Park Jin-young in 1997. He founded Big Hit Entertainment in 2005, and has produced and composed for numerous artists. Notable achievements include winning Best Producer at the Mnet Asian Music Awards and being named one of Variety's International Music Leaders due to BTS's achievements.

What significant impact did Bang Si-hyuk's Big Hit Entertainment IPO have?

The IPO of Big Hit Entertainment in 2020 was the largest in South Korea in three years, significantly increasing Bang Si-hyuk's net worth to $2.8 billion and marking him as the only billionaire in South Korea's entertainment industry.

How has Bang Si-hyuk demonstrated philanthropy in recent years?

Bang Si-hyuk has demonstrated philanthropy by donating 5 billion won to the Community Chest of Korea in October 2022 and contributing 200 million won to aid the 2023 Turkey-Syria earthquake through Save the Children in February 2023.
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