K-pop has grown to become a multibillion-dollar business, and it shows no signs of slowing down. There is a tremendous influx of admirers from all around the world, resulting in increased revenue. As a result, more firms are putting their money where their mouth is by launching their own musicians in the hopes of profiting.
The most successful K-pop groups generate money by getting sponsorships and endorsements left and right. But, in 2021, who will be the highest-earning K-pop group? Learn out in the next paragraphs.
5) TVXQ ($30 million)
By 2021, TVXQ is expected to also have a net worth of $30 million, putting them the seventh most wealthy K-pop group. They used to be a five-member group, but now there are just two idols in the group.
TVXQ is among the most renowned K-pop groups in Japan, just not the most popular. They are among the most successful international artists in Japan, having broken multiple records inside the country.
TVXQ’s 2013 Japan tour was among the year’s highest-grossing tours. During the 2017 tour, they were able to hit even better figures.
Samsung, Lacoste, as well as Nike, were among the companies endorsed by the band. Billboard has referred to TVXQ as “K-pop aristocracy.”
4) TWICE ($35,000,000)
TWICE is indeed the fourth richest K-pop artist, with a net worth estimated at $35 million. They are indeed a nine-member JYP Entertainment K-pop female group.
Because of the virality as well as popularity of its discography, TWICE has indeed been nicknamed the “Nation’s Girl Group.” They became recognised on Forbes’ “30 Under 30” list in 2020, and it has been projected that they would have sold around 10 million records for both South Korea and Japan.
The growth in JYP’s share price from 2015 to 2018 has indeed been attributed to TWICE.
3) BLACKPINK ($60 million)
It is the third-highest-earning girl group in the world.
The current net worth of BLACKPINK is believed to be over $60 million. They are indeed a four-member K-pop group affiliated with YG Entertainment, which also represents BigBang, WINNER, and iKon.
Together with their collective brand value, the members of the group are already in great demand and also have a high net worth.
As just a group as well as individually, the members become ambassadors and endorsement models for a variety of well-known businesses. Adidas, Vogue, Kia Motors, Samsung, as well as Louis Vuitton are just a few of the brands with which BLACKPINK has cooperated.
2) EXO ($100 million)
It is a second-place finisher.
EXO’s net worth is estimated to be in the range of $100 million to $130 million. They are indeed a nine-member SM Entertainment-signed K-pop boy group.
Each member of EXO is reported to be valued between $8 million and $12 million. Each member is active in a variety of activities and projects, such as actions as well as solo music releases, in addition to their idol obligations.
“Don’t Mess Up My Tempo,” EXO’s best-selling album is said to have sold over 1.9 million copies. They’ve done a number of international tours and are well-known for their contributions to SM Entertainment’s economic success.
According to reports, SM generated $188 million inside the fourth quarter of 2018, with EXO accounting for 31% of the total.
1) BTS (150 million dollars)
BTS, a K-pop boy band, has a net worth of over $150 million. Despite the fact that BTS members’ solo activities are fewer than those of other groups, they are all still considered the richest K-pop group in 2021 because of their contributions to the success of the company as well as the South Korean economy.
BTS pulls in roughly $3.5 billion in economic value to South Korea inside a single year, as per the Hyundai Research Institute. This figure is said to rise by $1.2 billion every year.
They’re also acknowledged and being one of the primary drivers of global music sales in 2018, which totalled $19 billion.
Also Read: Who is the most famous K-pop Idol?
