K-Pop Founding Duo Own Stocks Worth over 200 Bill. Won

Published on 2012/08/27 | Source

K-Pop is not only about catchy tunes and energetic dance routines it is also about some seriously big bucks. New data shows that two of the most prominent figures in the world of K-Pop are now worth over 200 billion won around 175 million U.S. dollars.

Online conglomerate tracker Chaebul.com says Lee Soo-man[̼], the founder of SM Entertainment, has over 210 million dollars in stock holdings, while Yang Hyun-suk, founder of YG Entertainment, has amassed nearly 200 million dollars.

It marks the first time two Korean celebrities have simultaneously broken the 200 billion won mark in stock ownership.
Lee is the producer of many successful K-pop groups including Girls' Generation and Super Junior.
Yang produced Big Bang, 2NE1, and PSY.

AUG 27, 2012

Reporter : sojungpark@arirang.co.kr