Find Out More About PSY’s Net Worth and Earnings!
PSY is a Korean singer very famous for several of his top hits, such as “Gangnam Style”, “Daddy”, “New Face”, “Celeb”, and many more. He is also known as the founder of P Nation where he is actively working after leaving YG Entertainment. Many people also know that PSY is a successful and high-income musician and producer.
In this article, there’s a piece of detailed information about PSY’s net worth and earnings. For those of you who want to know about PSY’s earnings and the latest update about his net worth after his comeback with “THAT THAT”, let’s find out more about the answer in this article below!
PSY’s Net Worth: $60 Million
PSY is a rapper, singer, songwriter, as well as producer and owner of the agency P Nation. His name skyrocketed thanks to the hit song “Gangnam Style”. PSY himself is known to come from a wealthy family.
His father is the executive chairman of DI Corporation, while his mother owns many restaurants in the Gangnam area.
In 2012, PSY was able to earn $28 million. He also managed to earn $300 thousand from the sale of concert tickets in Malaysia. PSY’s net worth now is said to be $60 million.
PSY’s Life After “Gangnam Style”
The popularity of PSY’s “Gangnam Style” has brought great results and success to his career. Revenue earned from the single reached $10 million.
The singer whose real name is Park Jae-sang is very successful. His earnings are not only from albums and concert sales. But, also the advertising contract that was obtained after the release of the single.
PSY has also been contracted by 10 brands. Each is valued at $400 thousand. The sales of “Gangnam Style” itself reached $360 thousand for digital, $360 thousand for physical albums, and $42 thousand for streaming.
PSY’s “THAT” Trending
“That That” is a collaboration between PSY and BTS’s Suga. Both wrote the lyrics, as well as being the composers assisted by El Capitxn, while BTS’s Suga is the producer.
The “That That” filming production took place on an Incheon beach in March 2022. At that time, BTS’s Suga admitted that he didn’t expect to be involved this far in their collaboration. Moreover, the rapper born in 1993 danced with PSY in the music video “That That” which carries the cowboy concept.
“Initially, we met because he (BTS’s Suga) wanted to produce my music. Then he was featured in the song. Then, in the end, he learned intense choreography. Step by step, he became more and more involved, our Yoongi,” PSY said.
On June 2nd, 2022, PSY’s total views of the music video for “That That” crossed the 200 Million mark in just 34 days. Released on April 29th, 2022, PSY’s “That That” also set a record as the first Korean music video released in 2022 to hit 200 million views.
PSY’s Assets, Endorsements, and More!
YouTube is one of the media that created great success for PSY. Through the song “Gangnam Style”, he got an online advertisement for about $8 million from YouTube. His online advertising revenue earned him $8 million from YouTube alone as reported by Google, head of business Nikesh Arora.
The total earnings plus television shows, international sales, and copyright compensation could reach $10 million. $8 million is 0.65 cents times the total views on YouTube. PSY is estimated to have earned $4 million, while Google took another $4 million.
Revenue from iTunes which was downloaded about 2.1 million times and made him earn $3 million. In addition, PSY also earned $60,000 from online sales in Korea, and his company YG Entertainment received $870 thousand. He also sold 100,000 CD copies in South Korea.
Well, that was all the information about PSY’s net worth and earnings. Let’s continue to give support and love to PSY, hopefully, he can have a shining career in the future and an income that is commensurate with his hard work. If you like this article, please don’t forget to share it on your social media, and stay tuned for more, interesting upcoming articles from Channel-Korea!