Louis Vuitton is projected to have lost over 8 billion KRW (approximately 6.7 million USD) in their YG Entertainment investment.

Louis Vuitton holds 503,588 stocks in YG Entertainment. They bought the stocks at 40,410 KRW each (32 USD) in October 2014. Louis Vuitton used the method of redeemable convertible preference shares, investing 61.05 billion KRW (approximately 51 million USD) and also buying regular stocks to become the second-biggest stock holder in YG Entertainment after Yang Hyun Suk.

The conditions on the stock were that each stock would be changed to a regular stock at 44,900 KRW each, or Louis Vuitton would receive back 67.4 billion KRW (approximately 57 million USD), including a 2% annual interest. Because YG Entertainment stocks plummeted after the Burning Sun incident, Louis Vuitton has demanded the money back, and YG Entertainment will be returning the 67.4 billion KRW on October 15th. However, Louis Vuitton still has regular stocks.

Because YG Entertainment stocks are currently trading at 23,950 KRW (20 USD), Louis Vuitton will be seeing a loss of 8.29 billion KRW (approximately 7 million USD).