Discover the secrets that have made these South Korean celebrities the wealthiest K-pop idols

by Idol Univ

From chart-topping hit singles and multiple platinum albums to luxury brand collaborations, silver screen appearances, and real estate investments, get the scoop on the richest Korean idols and discover who’s making the big bucks in the world of K-pop. Over the last two decades, Korean music has enjoyed massive success, with its musicians creating a phenomenal K-pop fandom both within the country and beyond its borders. Additionally, the Hallyu wave has not just propelled an entire new generation of Korean actors into the global limelight but also introduced the world to some of the biggest names in the Korean music industry. Be it South Korean singer PSY from the “Gangnam Style” fame or the BTS members Jungkook and V, these K-pop idols have successfully solidified their solo as well as group music careers, along with minting lucrative brand deals and performing at sold-out concerts, which further augments their exponential net worths. Know what makes these South Korean celebrities the richest K-pop idols Image: Courtesy IMDb Estimated net worth: USD 60 million of the richest K-pop idols, PSY gained international fame after releasing the catchy title track “Gangnam Style” from his sixth album, Psy 6 (Six Rules), Part 1, in 2012. On 21 August 2012, the song topped the iTunes Music Video Charts, surpassing hits by the likes of Justin Bieber and Katy Perry. On 24 November of the same year, “Gangnam Style” became the most-viewed video in YouTube history up to that date. As of 2023, it has been viewed over 4 billion times on the video streaming channel. The K-pop star, who formed his own company, P Nation, in 2019, has other hit tracks to his credit as well. These include “Right Now”, “It’s Art”, “Urbanite” and “That That”. The last one, a collaborative effort with BTS rapper Suga, surpassed 200 million streams on Spotify in May 2023. The song went on to win Best Collaboration at the 2022 MAMA Awards and debuted at #80 on Billboard Hot 100. Besides music and group performances, the singer-rapper has also ventured into the world of ads and commercials. PSY was announced as the brand ambassador for the popular MMORPG (massively multiplayer online role-playing game) set, Ragnarok Origin, in 2022. According to sources, the celebrity earns an estimated USD 8 million from endorsement deals with brands like Samsung and Cruciani. Furthermore, PSY is the proud owner of a USD 1.25 million condo on Wilshire Boulevard in the heart of Los Angeles, US. The musician also owns an independent coffee shop-cum-art gallery named Takeout Drawing in Itaewon, Seoul, valued at USD 50 million. Image: Courtesy IMDb Estimated net worth: USD 40-45 million singer Lee Ji Eun, aka IU, has established herself as one of the most successful Hallyu stars of the era. It was in April 2009 that IU released her first album, Growing Up. It sold over 31,000 copies in Korea’s Circle Gaon chart and gave IU her first Top 25 hits “Boo” and “Hey (Rock Ver.)”. Some of her other hit tracks are “Strawberry Moon”, “Lilac”, “eight” and “Celebrity”. Furthermore, her collaboration with rapper Agust D for “People Pt.2” in 2023 earned her the #1 spot on Billboard Digital Song Sales. The “Lilac” singer made her acting debut in 2011 with the TV series Dream High. She also made her Cannes Film Festival debut with the 2022 movie Broker. Her April 2023 movie Dream became the first Korean film to land atop the box office within 50 days of its release since The Devil’s Deal in March 2023. Meanwhile, IU’s upcoming project, Thank You for Your Hard Work, co-starring Park Bo-gum, is set to premiere on Netflix in 2025. IU has also endorsed a huge array of brands, including video games, clothing brands, cosmetics, and confectionery. She has also been the face of brands like Samsung, Nongshim, ISOI, The Same, Qdush (China), G by Guess, Woori Financial Group, Chamisul Soju, Jeju Samdasoo, and Homeplus. Additionally, the singer was made the global ambassador for the luxury fashion house Gucci in March 2022. As for luxury properties, IU is the owner of a lavish penthouse worth USD 11.7 million in Eterno Cheongdam, Seoul. She also owns residences in Bangbae, Yangpyeong-gun, and Gwacheon. Image: Courtesy Taeyang/Instagram Estimated net worth: USD 40 million of the K-pop group BIGBANG is known for his musical prowess and magnetic stage presence. He is also among the richest idols in K-pop. While most of his earnings come from his music, luxury fashion collaborations, and shareholdings in one of the biggest…

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