The K-Pop industry out there is huge in every possible aspect, and therefore the sources of the K-Pop idols operating inside are also huge. It won’t be wrong to say that a K-Pop idol makes an unimaginable amount of money in a duration of some months if their impact around the globe is huge and their albums are hitting the top with a great force. In this whole money-making pattern, the fact should not be ignored that every idol is signed under a contract in an agency on the latter’s terms. The life they live there is nothing less than a complete luxury but the price they have to pay for the same is terrifying in all ways.
When it comes to talking about the sources of a K-Pop idol’s earnings, then there is no end to the same. Counting from the beginning, it also depends on what company they are operating under and how broad their impact is on both domestic and global listeners.
Sources of K-Pop Idols Earnings
Ranging from their debut stage to concerts and tours, all of them constitutes the source of K-Pop idol’s earnings. Their group promotions, album sales, music award wins, social media advertisement, and solo ventures, which include aspects like brand endorsements, cultural engagement, and acting to a modeling career, everything constitutes their income chart in a major way.
Their concerts and tours around the globe are one of the major sources of their income. It is also true that every one of the idols out there is advertised in every possible way by their agency so that the return can come from the money they have invested in them. And following the same process, they also fill up the bank accounts of the idols.
The Top Richest K-Pop Idols:
Kim Jae Joong – $100 Million
With the crown of being the richest K-Pop idol in the world, Kim Jae Joong has come a long way. He is recognized as a South Korean singer, songwriter, actor, and director. Since his debut in the industry, he has always aced every aspect of his career. The point to be noted here is that he didn’t stop with a single career rather, he continued expanding it in various arenas.
Apart from his music career, he has also appeared in dramas like ‘Protect the Boss’, ‘Dr. Jin’, ‘SPY’, ‘Manhole’, and many others. Moreover, he has also acted in movies like ‘Heaven’s Postman’, and ‘Jackal Is Coming’.
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PSY – $65 Million
With a net worth of $65 million, PSY is indeed one of the richest K-Pop idols out there. Recognized as a singer, rapper, songwriter, and record producer, PSY has cemented his position and name in the global music industry through the years. There is no doubt in the fact that he has become one of the prominent figures out there.
From releasing one of the greatest hits of K-Pop to finding his own music label, the artist has come a long way. Recently, he released his ninth studio album with the lead single ‘That That’ featuring Suga from BTS. As one of the greatest names of K-Pop collaborated, the internet went into shreds.
G-Dragon – $60 Million
Nicknamed the ‘King of K-Pop’, G-Dragon is one of the prominent South Korean personalities out there in the arena of music. Since his debut in the industry, he has garnered several titles in his name. Now, he is recognized as a singer, rapper, songwriter, record producer, entrepreneur, and fashion designer.
To date, he is the only solo artist to earn the Mnet Asian Music Award for Artist of the Year in the year 2013. He is widely known for his great impact on the youth culture, fashion trends, and music in his home nation. Moreover, he has also named the most influential persona under 30 in Asia’s entertainment and sports by Forbes in 2016.
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Choi Siwon – $55 Million
With a net worth of $55 million, Choi Siwon has become one of the globally recognized South Korean figures. Recognized as a member of the South Korean boy band ‘Super Junior’, Siwon has been known for his godly vocals and sharp visuals.
Moreover, he has also aced in his acting career and has appeared in many dramas like ‘Oh! My Lady’, ‘My Fellow Citizens!’, ‘The King of Dramas’, ‘She Was Pretty’, ‘Poseidon’ and many others. He is also a brand ambassador of many luxurious brands out there and has also bagged a position in Forbes’s ’30 Under 30 Asia’.
Also, he is the first Korean to hit 5 million Twitter followers in the year 2015.
Rain – $49 Million
Recognized as a singer, songwriter, dancer, actor, and record producer, Rain is one of the popular faces of the South Korean entertainment industry. Since his debut, he has released six Korean albums, one Japanese album, 28 singles and has held several concerts and tours around the globe. All of his releases have been one of the best out there and have broken numerous records.
Apart from his music career, Rain has also aced his acting career and has appeared in dramas like ‘Sang Doo! Let’s Go To School’, ‘Full House’, ‘My Lovely Girl’, ‘Ghost Doctor’, and many others.
He has also established his own music company i.e., ‘J. Tune Entertainment’ in 2007 and ‘R.A.I.N.’ in 2015.
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