Bang Si-hyuk (Korean: 방시혁; born August 9, 1972) is a South Korean music executive, record producer and songwriter who is a co-founder and the chairperson of Hybe Corporation. He founded the record label Big Hit Music (formerly Big Hit Entertainment) and entertainment company Hybe Corporation both in 2005.
Bang Si-hyuk | |
|---|---|
 Bang in June 2022 | |
| Born | August 9, 1972 Seoul, South Korea |
| Other names | "Hitman" Bang |
| Education | Seoul National University (BA) |
| Occupations |
|
| Years active | 1994–present |
| Title |
|
| Father | Bang Geuk-yoon |
| Korean name | |
| Hangul | 방시혁 |
| Hanja | 房時爀 |
| Revised Romanization | Bang Sihyeok |
| McCune–Reischauer | Pang Sihyŏk |
| Website | hybecorp.com |
One of the 50 wealthiest people in South Korea according to Forbes Asia, Bang is the only billionaire in the South Korean entertainment industry. By July 2021, his reported net worth was an estimated $3.2 billion, according to the Bloomberg Billionaires Index.
Early life and education
editBang Si-hyuk was born to Bang Geuk-yoon, former president of the Korea Workers' Compensation and Welfare Corporation at the Korea Social Insurance Research Institute,[1] and his wife, Choi Myung-ja.[2] Bang has a younger sister.[3]
Bang developed a passion for music from an early age, having grown up in a musical home, but was discouraged from pursuing a career in the industry by his parents.[4][5] Bang formed a band with his friends while in middle school and wrote and performed songs he composed.[2][6] He attended Kyunggi High School before graduating from Seoul National University with a degree in aesthetics.[7]
His distant relative, Bang Jun-hyuk, is the founder of Netmarble, South Korea's largest mobile-gaming company,[8] while his maternal uncle, politician and former journalist Choi Kyu-sik, was appointed as the South Korean ambassador to Hungary in 2018.[2][9]
Career
editBang debuted as a composer while in college.[7] In 1994, he won the Yoo Jae-ha Music Contest and began his career in earnest writing and producing songs.[10] He met Park Jin-young in 1997, and the pair often partnered together as a songwriting duo. When Park founded his company JYP Entertainment, Bang joined him as a composer, arranger and producer.[5][11][12] One of their early successes was the first-generation group g.o.d.[11] Some of g.o.d's most famous songs arranged by Bang include "One Candle" and "Road". Bang's stage name "Hitman" originated from this period, when g.o.d enjoyed success as one of the country's best-selling and most popular boy bands of the early 2000s, earning himself and Park a reputation as "hit makers".[11][13] Besides g.o.d, Bang has produced or composed for many other artists, including veterans Im Chang-jung and Park Ji-yoon, singer-actor Rain, groups Wonder Girls, 2AM, and Teen Top, and R&B singer Baek Ji-young.[11][13][14]
In 2005, Bang left JYP and founded his own company, Big Hit Entertainment, where he continued to write, compose and produce for its artists.[13][15] Under the Big Hit label, he signed up RM, at age 15, who would go on to lead the boy band BTS.[16] He co-wrote six songs for BTS in their 2016 album Wings. Its success garnered Bang the Best Producer Award at the Mnet Asian Music Awards and the Songwriter Award at the Melon Music Awards that year. In June 2018, he was named one of Variety's International Music Leaders due to BTS' achievements.[17]
In April 2019, Bloomberg estimated Bang's worth to be about $770 million.[18] The BigHit initial public offering (IPO) filed in October 2020 was the largest seen in South Korea in three years and skyrocketed Bang's net worth to $2.8 billion,[19][20] making him the only billionaire in South Korea's entertainment industry and the sixth-richest person in the country.[21][22][23] The success of the IPO, together with the commercial success of BTS that year, Bang's steps into diversification with apps like Weverse, and acquisitions of companies like Source Music and Pledis Entertainment among others, landed him on the 2020 edition of Variety's Variety500, an annual index of the 500 most influential business leaders in the global media industry.[24][25]
In June 2021, Forbes Asia published its annual list of Korea's 50 Richest People. One of only two newcomers to the ranking, Bang was listed as the 16th richest person in South Korea.[26][27] On July 1, following an organizational restructuring, Hybe Corporation announced Bang's resignation as CEO of the company to return his focus to music production. He was replaced by Park Ji-won, but retained his position as Chairman of the Board of Directors.[28][29] According to the Bloomberg Billionaires Index, Bang is worth an estimated $3.2 billion as of July 2021.[30]
Bang was featured on the cover of the April 2022 issue of Time magazine, together with BTS, following the release of the outlet's annual list of the 100 Most Influential Companies in March.[31][32] Later that month, he received an honorary doctorate in Business from Seoul National University—he is the first figure in the entertainment industry to be awarded such—in recognition of his "contribution to the development and innovation of the nation's cultural and entertainment industry" and for his "role in turning K-pop into a global pop music culture".[33]
Other activities
editPhilanthropy
editIn October 2022, Bang donated 5 billion won (approximately $3.5 million) to the Community Chest of Korea.[34]
On February 17, 2023, Bang donated 200 million won to help 2023 Turkey–Syria earthquakes, by donating money through Save the Children.[35]
Production discography
edit| Year | Artist | Album | Notes |
|---|---|---|---|
| 2007 | Wonder Girls | The Wonder Years | |
| 2009 | Taegoon | 1st Mini Album | |
| T-ara | Absolute First Album | Production and writing credits on "Like the First Time" | |
| 2010 | 2AM | Saint o'Clock | |
| 2011 | Lee Hyun | You Are the Best of My Life | |
| Homme | Homme by Hitman Bang | ||
| Lee Seung-gi | Tonight | ||
| Teen Top | Roman | With composer Park Chang-hyeon | |
| 2012 | Lee Hyun | The Healing Echo | |
| 2013 | BTS | 2 Cool 4 Skool | Co-produced with Pdogg |
| O!RUL8,2? | Co-produced with Pdogg | ||
| 2014 | Skool Luv Affair | ||
| Skool Luv Affair Special Addition | |||
| 1st Japan Single Album: No More Dream | |||
| 2nd Japan Single Album: Boy In Luv | |||
| Dark & Wild | |||
| 3rd Japan Single Album: Danger | |||
| Wake Up | |||
| 2015 | The Most Beautiful Moment in Life, Part 1 | ||
| 4th Japan Single Album: For You | |||
| The Most Beautiful Moment in Life, Part 2 | |||
| 5th Japan Single Album: I Need U | |||
| 6th Japan Single Album: Run | |||
| 2016 | The Most Beautiful Moment in Life: Young Forever | ||
| Youth | |||
| Wings | |||
| 2017 | You Never Walk Alone | ||
| Love Yourself 承 Her | |||
| 2018 | Love Yourself 轉 Tear | ||
| Love Yourself 結 Answer | |||
| IZ | Angel | "Angel" with Supreme Boi, co-composed "Granulate" with Kim Do-hoon | |
| 2019 | TXT | The Dream Chapter: Star | |
| BTS | Map of the Soul: Persona | ||
| BTS World: Original Soundtrack | |||
| TXT | The Dream Chapter: Magic | ||
| 2020 | GFriend | 回:Labyrinth | |
| BTS | Map of the Soul: 7 | ||
| TXT | The Dream Chapter: Eternity | ||
| GFriend | 回:Song of the Sirens | ||
| BTS | Map of the Soul: 7 ~The Journey~ | ||
| TXT | Minisode1: Blue Hour | ||
| GFriend | 回:Walpurgis Night | Co-wrote "Mago", production and writing credits in "Apple" and "Labyrinth" | |
| Enhypen | Border: Day One | ||
| 2021 | Border: Carnival | ||
| TXT | The Chaos Chapter: Freeze | ||
| Seventeen | Your Choice | ||
| TXT | The Chaos Chapter: Fight or Escape | ||
| Enhypen | Dimension: Dilemma | ||
| 2022 | Dimension: Answer | ||
| Le Sserafim | Fearless | Executive Producer | |
| TXT | minisode 2: Thursday's Child | ||
| Enhypen | Manifesto: Day 1 | ||
| Le Sserafim | Antifragile | Executive producer | |
| 2023 | TXT | The Name Chapter: Temptation | |
| Le Sserafim | Unforgiven | Executive producer | |
| &Team | First Howling : WE | Production and writing credits in "Firework" | |
| 2024 | Illit | Super Real Me | Production credits on "Magnetic" |
| TXT | Minisode 3: Tomorrow | Production credits on "- --- -- --- .-. .-. --- .--", "Deja Vu" and "Miracle" | |
| Le Sserafim | Crazy | Production credits on "Crazy" and "Pierrot" | |
| Illit | I'll Like You | Production credits on "Tick Tack" | |
| TXT | The Star Chapter: Sanctuary | Production credits on "Over the Moon" and "Resist (Not Gonna Run Away)" |
Lyrics and composition
editRecognition
editAwards
edit| Award ceremony | Year | Category | Work(s) | Result | Ref. |
|---|---|---|---|---|---|
| Melon Music Awards | 2009 | Songwriter Award | — | Won | [36] |
| Mnet 20's Choice Awards | 2010 | 20's Most Influential Star Award | Won | [37] | |
| Korea Music Copyright Awards | 2011 | Best Lyricist (Ballad) | Won | [7] | |
| Best Songwriter (Ballad) | Won | ||||
| Masterpiece Award | Won | [38] | |||
| Asia Artist Awards | 2016 | Best Producer Award | Won | [39] | |
| Melon Music Awards | Songwriter Award | Won | [40] | ||
| Mnet Asian Music Awards | Special Awards – Best Executive Producer | Won | [41] | ||
| Golden Disc Awards | 2017 | Best Producer | Won | [42] | |
| Gaon Chart Music Awards | Producer of the Year | Won | [43] | ||
| Korea Content Awards | Presidential Commendation | Won | [44] | ||
| Seoul Music Awards | 2018 | Producer Award | Won | [45] | |
| Genie Music Awards | Producer Award | Won | [46] | ||
| Mnet Asian Music Awards | Producer of the Year | Won | [47] | ||
| Edaily Culture Awards | Frontier Award | Won | [48] | ||
| Pony Chung Innovation Awards | 2020 | Innovation Award | Won | [49] | |
| Mnet Asian Music Awards | Best Executive Producer of the Year | Won | [50] |
Listicles
edit| Publisher | Year | Listicle | Placement | Ref. |
|---|---|---|---|---|
| Billboard | 2018 | International Power Players – Recording | Placed | [51] |
| 2019 | New Power Generation: 25 Top Innovators | Placed | [52] | |
| International Power Players – Recording | Placed | [53] |
References
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