Yang Hyun Suk, YG Entertainment‘s founder and CEO, was named the wealthiest celebrity stockholder for 2012.
It was revealed that his stock holdings have increased from 184.7 billion KRW (~$173.6 million USD) last year to 219.5 billion KRW ($206.3 million USD). The 63% increase of his stock holdings was credited from PSY‘s ‘Gangnam Style‘ worldwide success.
With this increase, Yang Hyun Suk has officially surpassed SM Entertainment‘s CEO, Lee Soo Man, whose stocks holdings amounted to 200.1 billion KRW (~$188.9 million USD) this year.
Bae Yong Joong, CEO of KeyEast Entertainment, ranked on 3rd place with 23.7 billion KRW (~ $22.3 million USD).
Article by Karolina