BTS have built their net worth and are now one of the biggest boy bands in the World. All of their most recent albums have topped the Billboard 200 chart, including their latest album, Butter which was released in July 2021. It sold 2,490,969 copies in the first month.
The group celebrated butter through a collaboration with CASETiFY, which is currently out of print. Inspired by their title track, the BTS Butter x CASETiFY collection includes phone and AirPod cases, smartwatch straps, and many other tech accessories.
Known for dancing, singing, and rapping, the hugely popular K-pop group members have put their talents to good use. So how much is BTS’ net worth? Here’s all you need to know about BTS’ net worth.
Table of contents
How Was BTS Formed?
BTS started as a Hip hop boy band, but now, they’ve spread their wings into other genres, even performing in English. Their themes are heartbreak, love, mental health, school issues, and the journey to self-love.
Since 2013, this group has released several successful albums and has been a major touring group.
In 2013, they released their single album 2 Cool 4 Skool, followed by their debut Korean-language studio album “Dark and Wild.” Following Korean, they released “Wake Up,” a Japanese-language studio album. Their second Korean studio album, “Wings,” was a massive success for them.
In South Korea, it was the first of their albums to sell one million copies. By 2017, they had successfully made waves around the World and were an essential part of the global market.
This wave, created by them, went to the United States, breaking several records and receiving several awards.
They soon became the worldwide Korean group to receive a Gold certification from the RIAA. In 2020, BTS became the first all-Korean act to reach number one on the charts with their Grammy-nominated single “Dynamite. “On” was also a huge hit, making them the first such group to have multiple Top 100 hits on the Billboard charts.
The band has sold over 20 million copies, making it the best-selling album in South Korea’s history.
Their record-breaking performance knows no bounds as they become the first and only Asian and non-English speaking act to be named IFPI Global Recording Artist of the Year while touring at UK’s Wembley Stadium.
They also appeared in various magazines and newspapers as the famous articles multiplied their notoriety around the World. International Time Magazine also called them the “next-generation leaders” of the World.
In 2018 and 2020, they were named one of the top influencers in the World. They are so famous that they directly improve their country’s economy, meaning they are responsible for attracting one in thirteen tourists visiting South Korea. Their worldwide music sales also grossed around $19 million.
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BTS Net Worth
As of June 2020, BTS’ net worth is estimated to be $50 million for the year, according to Forbes, making them the 47 highest-paid celebrities in the World.
In addition to earnings from their music, merchandise, and touring, the members of BTS own all 68,385 shares of Hybe (formerly Big Hit Entertainment) that they received when the company went public last October.
According to E-Today, the value of their shares had risen to 20 billion won (about US$17 million) each as of June 19. Messages.
Individual Net Worth
JHope: $3.236 million
JHope is the highest-earning member thanks to the success of his solo mixtape Hope World, released in March 2018, according to reports from media outlets, including Seoul Space and KpopStarz.
The project’s single “Daydream” caught him his first #1 on Billboard’s World Digital Song Sales chart.
With the song Chicken Noodle Soup, he was also the first member to have a solo Hot 100 hit. He was the first member to buy his own home in 2016 for $1.2 million.
Suga (Min Yoongi): $31-33 million
Suga is next on the BTS Net Worth chart thanks to the release of his solo mixtapes August D and D2. Like JHope, Suga is a songwriter. Over 70 songs have been written and produced by him.
His value has increased as he has written songs for many artists inside and outside Korea. For every song, he writes and produces, Suga receives payment for it.
He even created songs for Halsey! He is argumentatively the best rapper in the band, as he started his rapping career at a very young age.
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RM (Kim NamJoon): $28-$30 million
RM (Real Me/Rap Monster) is the group leader and speaks English most of the time in interviews worldwide. He is also a composer with more than 130 uncredited songs. He has two solo mixtapes (RM and Mono).
Also, he has released a solo mixtape by collaborating with American rapper Warren G. It won’t be surprising if RM becomes a potent producer in the Korean music industry, whether for K-pop or hip-hop.
We expect that he will be successful in the World of KPOP companies. For one thing, is that he is brilliant.
Jimin ($18-$20 million)
The title of 4th richest BTS member goes to Jimin. The member successfully dominated the 100 Idols Individual Brand Reputation ranking and stayed at #1 for 19 straight months.
Although best known as the main dancer of the K-pop group alongside JHope, Jimin writes and sings his song. Most recently, he dropped his track “Promise” to his fans.
Jungkook ($18-$20 million)
No one can underestimate the potential of the youngest member of BTS. Jungkook, the most googled member of BTS, has a net worth of around $18-20 million. The golden maknae leaks everything he wears in a minute.
Additionally, Jungkook bought an apartment in Seoul for $1.7 million in cash, adding more value to his net worth.
His solo career has been healthy in recent years, and he has been able to produce his mixtape while working with various A-listers, including Justin Bieber and Charlie Puth.
V (Kim Taehyung) – $19 million
This beautiful face of BTS is the 6th richest in BTS. Kim Taehyung, also known as V, has started developing other acting talents. The BTS member has $19 million, and V’s other possession is an expensive car.
V allegedly bought a Ferrari Italia 458 luxury car. He bought it for $277, $350,680. V bought his apartment in Samsung-dong District, Gangnamgu, Appelbaum. The price of the apartment was 5.1 billion won, around US$4.55 million.
Jin- $18 million
This “worldly beauty” comes from the wealthiest family. His father is the CEO of a South Korean trading company and was ranked 31st in Forbes’ 2018 list of the 50 richest people in Korea.
Jin and his brother also run their Japanese restaurant in South Korea. As a member of BTS, he is estimated to have a total net worth of around $18 million.
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This senior member has a blue Lamborghini Aventador priced at $522,000! Jin bought his condo in The Hill, paying around $3.4 million, then gave it to his parents.
After knowing the total BTS’net worth, be it as a group or individually, it is undoubtedly well deserved by their efforts and their music.
How does BTS Make Money?
Read on to learn more about their fortunes and how they make money!
BTS has been a band since 2013: To date, BTS has released nine studio and six compilation albums.
According to Apple Music, their top songs include “Dynamite,” “Boy With Luv” with Halsey, “Fake Love,” “Butter,” “DNA,” and “Blood, Sweat, and Tears.” In addition to BTS’ countless hit singles, the band won an amazing number of awards in the US and abroad in 2021. Although BTS has yet to receive a Grammy Award, they have been nominated for Best Pop Duo/Group Performance in 2021.
Also, in November, BTS was named Artist of the Year at the 2021 American Music Awards. “Seven boys from Korea, united by a love of music, found the love and support of every army around the world,” RM said after winning the prestigious award, according to CBS News.
“It’s all a miracle. Seriously, we would never take that for granted.” BTS also took home an award for favorite pop duo/group and favorite pop song for “Butter.”
BTS Has Endorsement Deals
The boy band has worked with brands like Samsonite, Louis Vuitton, Puma, FILA, Samsung, McDonald’s, and more. The BTS x McDonald’s menu, released in May 2021, reportedly grossed the musicians a whopping $8.89 million.
BTS Releases Movies
Beginning in 2018, BTS released an eight-episode docuseries about their Wings Tour on premium YouTube. They later turned this behind-the-scenes footage into a film titled Burn the Stage: The Movie. According to Forbes, global ticket sales have skyrocketed to $14 million. BTS followed with Bring the Seoul: The Movie in 2019 and Break the Silence: The Movie in 2020.
BTS Owns Shares
BTS’s record label, Big Hit Entertainment, went public and debuted on the South Korean Stock Exchange in October 2020. According to CNN, each member of the band received 68,385 shares worth $7.9 million at the issue price at the end of the closing day.
Expensive Items Owned by BTS
In 2019, BTS was the highest-paid boy band in the World. Formed under BigHit (now HYBE) in 2013, the pop group soon succeeded and made a name for itself worldwide.
BTS became the World’s highest-paid boy band and pop act in 2019 by debuting on the Forbes Celebrity 100 list.
Golden’ maknae’ Jungkook’s Itaewon house is worth Rs. 51.4 million rupees. Earlier this year, the 24-year-old bought a house in South Korea’s global hub Itaewon. The residence, which is in a prime area, is reportedly worth Rs. 51.4 million!
In 2018 he also apparently bought an apartment in Sungsoodong. His other possessions include items of clothing like the one he wore, Gucci’s eco-friendly cashmere coat valued at Rs. 4,00,799 once.
JHope is the richest member, with a net worth of $22 million. According to Seoul Space, all seven members have a base salary of US$8 million annually.
His equity stake in his agency, HYBE, adds another $8 million, bringing his estimated net worth to $16 in Minnesota. BTS lead dancer JHope is unofficially the richest (Solo projects), with a net worth of $22 million.
A shoe fanatic, he owns Dolce & Gabbana and Louis Vuitton shoes. JHope also has an Rs. jacket valued at 2,65,000.
Suga’s Casual T-Shirt is Rs. 14,000; Rs de V. Choker 21L. The producer has been spotted wearing shoes and clothing from major brands such as New Balance, Gucci, and Balenciaga.
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His favorite casual white t-shirt is said to cost more than Rs. 14,000.
Meanwhile, V, or Taehyung, has acting roles and endorsements to prove his income. He owns a floral diamond choker by Gucci whose price is around Rs. 21.75.600!
In terms of investments, however, Jin, the oldest member, is ahead of everyone. He has opened a Japanese restaurant in Korea with his brother, and his apartment in Seoul is worth $1.9 million. Leader RM has several flats and hundreds of song credits to its name.
Conclusion
It is undisputed that BTS is currently the most popular boy band. All members are close, and despite all the rumors, they remain strong.
This is the main reason BTS is worth billions of dollars, and its net worth keeps increasing. They will likely become the richest boy band in history if they continue together.
References
- Hub post: BTS Net Worth
- GemTracks: How did BTS get discovered
- News By Tesapp: Priciest Possessions of BTS Members
- Channel Korea: Bts Members Net Worth
- Life and Style Mag: Bts Net Worth
- Sports Keeda: How many members of K-pop Group BTS Makes
- DNA India: Bts Members Whopping Net Worth
- Inspiration Feed: Bts Net Worth
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