Idol life is certainly that of the rich and famous. While many struggle to even debut, others have risen above the challenge and created an empire for themselves.
All the hard work of singing, dancing, and performing certainly pays off when you’re earning millions of dollars a year. If you’ve ever been curious, here are the top five richest K-pop stars of today.
Park Jin-young (JYP)
Estimated net worth: $150-$200 million
He’s no longer an active idol, but if you know anything about K-pop, you know that JYP’s entertainment company is one of the biggest to date. He started his entertainment agency in 1997, eventually branching out thanks to the production of successful artists like Rain, 2PM, Wonder Girls, Miss A, and g.o.d. Now, JYP handles new-age K-pop groups like Itzy, Twice, and Stray Kids.
Kim Jae-joong (TVXQ)
Estimated net worth: $80-$100 million
The 35-year-old started off working part-time jobs to pay off his trainee debt at SM Entertainment, later going on to build his fortune as a member of TVXQ and YJY. Idol activities, paired with acting stints and real estate investments, made up much of what he has today. The multi-talented star is also the owner of a number of businesses (cafes, bars, and restaurants), as well as a high-end fashion company.
Park Jae-sang (PSY)
Estimated net worth: $60 million
Arguably one of the more recent reasons why the world has been exposed to K-pop, PSY and his mega smash hit “Gangnam Style” took the Internet by storm in 2012. While many assume him to be a one-hit wonder, the 43-year-old has used his success to generate more wealth with the formation of his own entertainment company, P Nation, and his role in numerous brand ambassadorships.
G-Dragon (Big Bang)
Estimated net worth: $55 million
Big Bang’s rapper and singer/songwriter G-Dragon undoubtedly made good money touring with one of K-pop’s most popular bands. Aside from idol activities, GD generates income through songwriting credits, with more than 180 songs copyrighted under his name. Endorsement deals with big brands like Nike and Hyundai and streaming site ads also add to his wealth.
Jung Ji-hoon (Rain)
Estimated net worth: $50 million
K-pop’s very own “world star” isn’t an internationally recognized entertainer for nothing. Rain enjoyed more than a decade of success with his Rainism album, roles in Hollywood films (Ninja Assassin and The Prince), and real estate investments (him and actress wife Kim Tae-hee own a combined $76 million in real estate). Now, the talented singer, songwriter, actor, dancer, and producer heads his own entertainment agency — the Rain company.
Other wealthy K-pop stars that still clock in at the top 10 spots are Super Junior’s Choi Si-won ($50 million), hugely successful singer/songwriter/actress IU ($45 million), singer and actress Lee Hyo-ri ($40 million), and Big Bang members Taeyang ($35 million ) and T.O.P. ($35 million).
Art Daniella Sison