Bang Si-hyuk - who is considered the father of BTS, is always loved by ARMY because of his more than 10-year journey with the members. He has been the one to help and guide the BTS members to develop into what they are today.

Along with the success of BTS, Bang Si-hyuk also received well-deserved results after years of hard work. Recently, the national television channel KBS reported on Bang PD owning a huge fortune and especially a splendid mansion.

Below is information about the house worth more than 10 billion KRW that Bang Si-hyuk owns:

HYBE is currently the most profitable entertainment company in Korea with a higher net profit than even the big 3 companies in the Kpop entertainment industry. Not only that, the stock value of HYBE is also the most valuable stock compared to 3 companies such as SM, YG and JYP.

The predecessor of HYBE was Big Hit Entertainment, founded by president Bang Si-hyuk in 2005. Bang PD was originally known as a music producer at JYP Entertainment. Later when he founded Big Hit Music, he was known as the one who played a leading role in the compositions of early BTS. Currently, Bang PD becomes the Chairman of the Board of Directors of HYBE and owns a huge fortune from HYBE's profits as well as copyrights.

With this large fortune, recently, KBS reported that Korean media discovered that President Bang Si-hyuk was living in a luxury mansion worth about 13.5 billion KRW. This is a large villa located in the expensive Hannam-dong area in Seoul, South Korea.

The villa is said to include 5 bedrooms and 5 bathrooms along with spacious space with a view of the Han River. This place is also said to be the home of many giants and tycoons in Korea with a high level of security and full facilities. It is known that PSY, Taeyang and Min Hyo-rin also live in this area.

According to the news of KBS's 'Year-round Plus', the mansion was bought by Bang Si-hyuk last September for 10.8 billion KRW. This year with the volatility of the market, the price of the apartment has increased by 2.7 billion KRW. 

Reportedly, in 2022, Bang Si-hyuk entered the list of the world's richest billionaires in 2022 compiled by Forbes magazine with a net worth of up to $2.9 billion. In particular, Bang PD as a music producer has also completed the copyright registration for 753 songs. Bang's royalties earn about 10 billion KRW a year.

He also pointed out that Hive was included in the list of '100 most influential companies' by Time magazine of the US. After the company was officially listed on KOSPI, Chairman Bang became the 7th richest person in stock in Korea today.

The road to riches of Big Hit founder Bang Si-hyuk, has not always been smooth. In the early years of establishing Big Hit Music and BTS, he had to sell all his assets along with incurring more than 60 billion KRW in debt when he repeatedly failed to launch previous groups and other projects. 

Since 2015 when BTS started to emerge as a miracle, Bang Si-hyuk has been able to pay off his debt and start building the HYBE empire it is today. The glory of BTS from domestic to global scale has helped Bang Si Hyuk affirm his talent and vision as the leader of HYBE.

The net worth he owns has since increased dramatically. With those ambitions and the foundation that the group currently has, it is not surprising that Bang Si-hyuk's assets are as large as they are now.