YG Entertainment is owned by Yang Hyun Suk, the founder and former member of the legendary Korean music group Seo Tae Ji and Boys. After the disbandment of Seo Tae Ji and Boys in 1996, Yang Hyun Suk decided to venture into the entertainment industry by establishing his own company. Since then, YG Entertainment has become one of the most influential and successful entertainment companies in South Korea.
As the founder and major shareholder of YG Entertainment, Yang Hyun Suk has played a crucial role in shaping the company’s direction and success. He has been actively involved in overseeing the company’s operations, including music production, talent management, and overall strategic decision-making.
Throughout his career, Yang Hyun Suk has been known for his passion for music and his innovative approach to the industry. He has been credited with introducing and popularizing hip-hop music in Korea, which was relatively unknown before YG Entertainment’s emergence. Yang Hyun Suk’s vision and dedication have been instrumental in YG Entertainment’s rise to prominence.
However, it is important to note that Yang Hyun Suk’s ownership and involvement in YG Entertainment have been subject to changes over the years. In 2019, Yang Hyun Suk stepped down from his position as CEO of YG Entertainment following controversies and allegations surrounding the company. Since then, YG Entertainment has undergone restructuring and changes in leadership.
Currently, YG Entertainment is owned by various shareholders, including investment firms and other individuals. The exact ownership structure and distribution of shares may not be publicly disclosed, as is common with many privately held companies. Nevertheless, it is widely recognized that Yang Hyun Suk remains a significant figure within the company, despite his reduced involvement.
YG Entertainment is initially founded and owned by Yang Hyun Suk, the former member of Seo Tae Ji and Boys. His entrepreneurial spirit and passion for music have shaped the company’s success and influence in the Korean entertainment industry. While the exact ownership structure may have changed over time, Yang Hyun Suk’s impact and legacy within YG Entertainment cannot be ignored.