If you’re expecting a Christmas present from BTS members Jin, J-Hope or RM, they better get you something nice, because those guys are quids in at the moment.
All three just offloaded a stack of shares in their management company Hybe, pocketing $8.4 million between them.The musicians got shot of the shares between mid-October and early November, reports Bloomberg.
They all did so just before the shares hit their latest peak in mid-November – reaching more than double the starting price from when the company first IPO-ed in October 2020.Jin offloaded 16,000 shares for $4.1 million, J-Hope sold 5601 shares for $1.57 million, and RM got shot of 10,385 shares for a cool $2.75 million.So they’re doing alright.
Read more on completemusicupdate.com
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