April 16, 2024

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BTS management top-earning Korean business leaders in 2021

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BTS management top-earning Korean business leaders in 2021

HYBE chief producer Kang Hyo-gained, identified as P-dogg, been given the best remuneration according to a list of earnings for major company leaders, obtaining $32.9 million in 2021. HYBE is the administration organization of South Korean boy team BTS. Image courtesy of HYBE&#13
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SEOUL, March 24 (UPI) — Officers at HYBE, the management corporation for K-pop feeling BTS, experienced the optimum earnings amid South Korean small business leaders previous 12 months, info introduced Thursday revealed.

HYBE main producer Kang Hyo-won, recognised as “P-dogg,” topped the checklist with earnings of $32.9 million in 2021, followed by HYBE The united states CEO Yoon Seok-jun with $32.2 million and HYBE chief manager Kim Shin-gyu with $23 million.

Most of the businessmen’s earnings came from HYBE shares as they bought inventory options. The Seoul-dependent label went public in Oct 2020, turning into the most profitable amusement organization in the state.

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

The group is amongst the most preferred in the environment. Very last year, their strike “Butter” sat atop the Billboard Incredibly hot 100 tracks chart for 10 weeks.

On the identical listing, CJ Team Chairman Lee Jae-hyun experienced the fourth-maximum salary with $17.9 million, followed by former Krafton CEO Kim Hyo-sub with $17.8 million.

Krafton is a South Korean gaming company that has created online games these kinds of as “PUGB: Battlegrounds” and “Tera.”

SKC President Lee Wan-jae came in at No. 6 with $17.5 million, adopted by Lotte Group 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 three joined the record by training their inventory selections very last year.

Shin obtained remuneration from Lotte Group’s keeping business Lotte Corp. and five of its affiliates, which include Lotte Chemical and Lotte Shopping.

By distinction, Samsung Electronics Vice Chairman Lee Jae-yong did not acquire a income from the tech giant last 12 months.

“I am skeptical regardless of whether a CEO can do the job for 6 businesses at the very same time and acquire considerable salaries from every,” Seoul-primarily based organization tracker Leaders Index founder Park Ju-gun told UPI Information Korea.

“I think Lotte Chairman Shin’s remuneration technique is not proper as it seems to harm the value held by shareholders. In the United States, this sort of a program would not be acknowledged by shareholders,” he claimed.

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