YG Is #1 Entertainment Agency Majority Shareholder
It looks as though in 2012, YG was the biggest winner! As the CEO of YG Entertainment, it seems as though he has had a lot of success in 2012. According to the website “Jaebol.com” YG has reached #1 in terms of richest entertainment agency stock owner in 2012. He beat out SM Entertainment’s CEO Lee Soo Man.
At the end of 2011 the price of a stock for YG Entertainment was 1,314 won. After PSY’s success with “Gangnam Style,” the price jumped up even higher. At the end of 2012, the price of a YG entertainment stock reached up to 2,195 won. That is nearly a 67% increase.
The stock price of SM Entertainment was higher in 2011, at 1,847 won. But, by the end of 2012 it had only increased 8.3%. Lee Soo Man has second place, Bae Yong Joon who is the majority shareholder of Key East Entertainment is at third place, fourth places goes to Yang Soo Kyung, and fifth place is JYP Entertainment’s JYP.