Bang Si-hyuk Donated $3.50 Million To The Community Chest Of Korea To Aid Poor Teens

Bang Si-hyuk, the chairman of HYBE, has contributed 5 billion KRW (about $3.50 million) to the Community Chest of Korea to assist needy youth. HYBE’s CEO, Bang, became the 13th contributor to have a personalized gift amount by contributing a considerable sum, according to a news statement released by the Community Chest of Korea. If the contribution sum surpasses 1.00 billion KRW (about $702,000 USD), the donation is deemed customized. The fund is then altered to suit the preferences of the contributor, imitating a single gift. Bang Si-altruistic hyuk’s motivation for donating significant cash is to help teens and children who are not attending school or are in a care facility where they may face prejudice. With the aid of various support systems, the record executive intends to build a system that will enable needy kids to live regular lives.

.@HYBEOFFICIALtwt‘s chairman Bang Si-hyuk donated 5 billion won ($3.49 million) to the Community Chest of Korea, one of the largest welfare institutions here, becoming the 13th donor to have a customized donation fund. 👏 pic.twitter.com/POVuUM0qsf

— KpopHerald (@Kpop_Herald) October 13, 2022

Netizens appreciate Bang Si-kind hyuk’s contribution.

Bang Si-hyuk, the guy behind BIGHIT Entertainment (formerly HYBE Labels) and the world-famous boyband BTS, is being lauded online by K-netizens for his considerate gesture and the message behind it. Bang, also known as Hitman Bang, attended the event, which was held at the Community Chest of Korea headquarters in downtown Seoul, and shared the following:

“I’ve progressed as a music composer and entrepreneur thanks to the aid and support of many individuals. I’ve discovered that the assistance I’ve gotten is excellent for human development. I’ve chosen to make this gift because I want to give back to society for what I’ve gotten.”

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He went on:

“Throughout this process, I have considered what would be required to assist youngsters in developing into persons capable of leading our society. This gift was made with the goal of raising finances so that youth in severe need might follow their aspirations with confidence.”

Online, K-pop fans and netizens are thanking Bang, and some are even surprised by the hefty amount. “That’s a lot for the number of contributions in the entertainment sector,” one person wrote, while another added, “Let’s congratulate him on a job well done.”

Bang has significant musical understanding as a result of his job as a producer and songwriter. Bang Si-hyuk resigned as CEO on July 1, 2021, to pursue his musical-producing activities. He also made waves when Forbes Asia called him the lone billionaire in the entertainment business. In other news, HYBE Label’s boyband BTS has begun planning for their major concert, Yet To Come, in Busan on Saturday, October 15, 2022. The mega concert is completely free to attend and can be seen online.