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The mortgage is value thousands and thousands of {dollars}.
It was lately revealed that EXO‘s Baekhyun had set up the company I&B100. He has the full blessing of SM Entertainment.
EXO’s Baekhyun Sets Up His Own Agency, Recruits Chen And Xiumin
At this stage, the corporate has already established Baekhyun has the CEO, with appointed inner administrators. The firm was arrange on June 23, 2023. There is one factor distinctive about his firm. Although Baekhyun is a extremely profitable star, it was reported that he took out loans of ₩13.0 billion KRW (about $9.91 million USD) to arrange I&B100. Baekhyun spoke up concerning the matter, reasoning why he selected to take out loans.
I took out the mortgage due to a promise I made to myself. I took it out with the which means that I ought to by no means neglect the operations after organising my very own firm, and to at all times reside with that strain.
— Baekhyun
According to the registered papers, I&B100 is a multi-entertainment firm that may handle varied roles together with manufacturing, enterprise administration, funding, and consulting.
EXO
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