BillionaireNet
Si-hyuk
Bang Si-hyuk
Rank #1542
SOUTH KOREAFood & BeverageEntertainment

Bang Si-hyuk

Net Worth
$2.583B
+0.51% (24h)
Bang Si-hyuk, widely known as "Hitman" Bang, is a prominent figure in the South Korean entertainment industry, recognized as the founder and chairman of HYBE Corporation. Born on August 9, 1972, he is a successful music executive, record producer, and songwriter. His wealth source stems from the entertainment industry, specifically from his role in building and leading HYBE Corporation, a global entertainment powerhouse. Bang's career includes composing and producing for JYP Entertainment before establishing Big Hit Entertainment in 2005, which later became HYBE. He is also recognized for discovering and developing BTS. His net worth is estimated at $2.5 billion as of 2024, making him the only billionaire in the South Korean entertainment industry and one of the wealthiest individuals in the nation. Bang Si-hyuk has achieved significant milestones and is a key figure in the global expansion of K-pop.

The Full Dossier

Early Life

Bang Si-hyuk was born on August 9, 1972, in Seoul, South Korea. He developed a passion for music from a young age. He attended Kyunggi High School and later graduated from Seoul National University with a degree in aesthetics.

Rise to Success

Bang Si-hyuk's career began in the music industry as a songwriter and producer. He collaborated with Park Jin-young, later joining JYP Entertainment as a composer, arranger, and producer. In 2005, he founded Big Hit Entertainment, which would later become HYBE Corporation. He 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.

Key Business Strategies

Bang's key business strategies have included prioritizing artistic integrity and fostering strong artist-fan relationships. His vision was to create an entertainment company that prioritized artistic integrity and fostered a strong connection between artists and their fans. He emphasized creating high-quality music and developing unique artist identities. He also focused on leveraging technology and social media for direct fan engagement and monetization.

Philanthropy

Bang Si-hyuk has also demonstrated his commitment to giving back to society through various philanthropic efforts. In October 2022, he donated 5 billion won (approximately $3.5 million) to the Community Chest of Korea. In 2025, Bang donated 5 billion won (approx. US$3.7 million) to Seoul National University for the construction of a new Cultural Center.

Career Timeline

2022

Honorary Doctorate

Received an honorary doctorate in Business from Seoul National University.

2020

HYBE Corporation IPO

Took Big Hit Entertainment public, making him a billionaire.

2018

Variety International Music Leader

Named as one of Variety's International Music Leaders due to BTS's achievements.

2016

Best Producer and Songwriter Awards

Won Best Producer at the Mnet Asian Music Awards and Songwriter Award at the Melon Music Awards.

2005

Founded Big Hit Entertainment

Founded Big Hit Entertainment (later HYBE Corporation).

1997

Collaboration with Park Jin-young

Began a songwriting partnership with Park Jin-young.

1994

Yoo Jae-ha Music Contest

Won the Yoo Jae-ha Music Contest, launching his career as a songwriter and producer.

Philanthropic Impact

Education$3.5M

Community Chest of Korea

Donated 5 billion won to support the education of underprivileged girls.

Disaster Relief$0.14M

Save the Children

Donated 200 million KRW to help in the 2023 Turkey–Syria earthquakes

Education$3.7M

Seoul National University

Donated 5 billion KRW for the construction of a new Cultural Center.

Education$36.6K

SNU BIZ Startup Fund

Donated 50 million KRW to support student entrepreneurs.

Wealth Trajectory