YG Entertainment’s CEO Yang Hyun Suk will be donating around 1 billion KRW (approximately $922,000 USD) to help children in need.
The agency posted high earnings last year and so shareholders including Yang Hyun Suk pledged to donate the money in stock dividends to benefit sick children who cannot afford medical treatment.
A representative from YG Entertainment revealed, “Yang Hyun Suk has long thought about making donations. He thinks of it as the result of people showing love to YG Entertainment and its artists, so he is paying back the love through donating.”