Boy bands like BTS are a global phenomenon right now. Their most recent album, Butter, was released in July 2021 and topped the Billboard 200 chart. In its first month, it sold 2,490,969 copies. The members of K-most pop’s popular group have made a fortune through their talents in dancing, singing, and rapping. So how much are BTS members worth? You need to know something regarding BTS’s wealth.
BTS was originally intended to be a hip-hop group, but the band has released music that falls into a variety of genres, from K-pop to R&B, which may explain why the band has such a wide following.. 2 Kool 4 Skool was the band’s first single album released in 2013. Even though Dark & Wild was not released until the next year, their previous releases helped them gain a fanbase.
Eight years after their debut, BTS has cemented its status as one of the world’s most popular boy bands. They’ll be inducted into the Guinness World Records Hall of Fame in 2022 after breaking so many records. In addition to breaking three records, their track “Boy With Luv” was a huge success for them. They were also the first Asian act to surpass 5 billion Spotify streams.
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BTS’s Map of the Soul: 7 topped the charts in February 2020. Their fourth number one album on the Billboard Top 200. BE was published in November 2020, despite the cancellation of their tour dates due to the Coronavirus.
‘Permission to Dance on Stage,’ a new concert series by BTS is scheduled to begin in 2022. In order to comply with Covid-restrictions, the series featured performances both with and without live audiences.
Ticketmaster reports that all four dates for the Korean super-Vegas band’s engagement in 2022 sold out before they went on sale to the general public. The A.R.M.Y., the band’s superfans, rushed to get their hands on the tics.
The lads’ success is largely due to their success in the music industry, which includes creating, recording, and performing their music on a global scale. Big Hit Entertainment, BTS’s record label, will go public on the Korean stock exchange in September 2020 and sell its shares for $170 million, according to Celebrity Net Worth. Before the company’s first day of trade, each member of the group received shares worth $7.9 million.
In addition to its core business, BTS has branched out into a variety of other ventures. On YouTube Premium, BTS launched an eight-part documentary in 2018. The film was based on footage from their Wings Tour, which was the subject of the documentary. Towards the end of last year, a film adaptation of their documentary, titled Burn the Stage: The Movie, was released in theatres. Forbes estimates that it pulled in $2.4 million in its first weekend.
The success of the lads is also derived from other initiatives, such as their past reality and variety shows. Let’s BTS, Rookie King: Bangtan, BTS Gayo, and BTS: Bon Voyage were only some of the shows that featured BTS members. From rappers Coolio and Warren G., the group learned about the history of hip-hop on their TV show American Hustle Life.
BTS has a lot of monetary value as a name and a logo. They have so much clout that it is estimated that they contribute $3.6 billion to the South Korean economy each year. So many companies have paid BTS members to be brand advocates because the band has the capacity to sell out anything it endorses. Coca-Cola, Mattel, and Hyundai are just some of the well-known businesses that BTS has worked with (who had trouble keeping up with demand for the “Palisade” car after the BTS endorsement).
Now, BTS is a global brand ambassador for Louis Vuitton, Fila, and McDonald’s, as well as a McDonald’s collaboration. The band recently collaborated with CASETiFY to commemorate the release of their new album Butter, which is currently sold out. In keeping with their title track, BTS Butter x CASETiFY offers a range of tech accessories including phone and AirPod cases, wristbands, and watch bands.
Since every member has a unique set of skills, they may all earn a lot of money on their own.
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Jin- Kim Seokjin
According to Business Insider, the BTS members have a lot of money. Despite the fact that they all live together, several of them have their own homes. According to reports, Jin invested $1.7 million of his own money in the building. J-Hope spent $1.6 million, Jungkook reportedly paid $1.74 million, and Suga spent $3 million on their own apartments, according to TMZ.com.
In addition to BTS’s music releases and tours, Jin, who has a net worth of $20 million, also receives money from his producing and writing credits on some of their albums. Additionally, he and his brother entered the food business by opening a Japanese restaurant in the South Korean capital of Seoul.
Suga- Min Yoongi
All-boy band member Suga is the group’s second-richest member. His net worth is thought to be in the neighborhood of $25 million. There are almost 70 songs that the vocalist has written or co-authored.
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J-Hope- Jung Ho-Seok
It’s estimated that J-Hope’s worth is $20 million Hope World, a solo mixtape, was a global hit, giving him a lot of money in addition to his BTS earnings.
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RM- Kim Namjoon
RM, the band’s lead singer, is a multi-millionaire thanks to his songwriting prowess. More than 130 of his songs have been written by him. A song for the Korean soundtrack of the film Fantastic Four is among his other solo projects. His personal wealth is estimated at $20 million.
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Jimin- Park Jimin
In addition to his work with BTS, Jimin makes the most of his money from the group’s endeavors, including their album, Map of the Soul: Persona. Additionally, he’s appeared on shows like Hello Counselor and has amassed a fortune of almost $20 million as a result of his acting career.
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V- Kim Taehyung
The majority of Member V’s earnings are derived from BTS’s chart-topping music releases. Some of BTS’s songs have been produced and written by V. Hwarang: The Poet Warrior Youth, a historical drama based on a Korean folk tale, which has given him a starring part as a supporting actor. He has a $20 million fortune.
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Jungkook- Jeon Jungkook
On several BTS tracks, Jungkook also has a hand in writing and production. Songs like “Love is Not Over” and “Magic Shop” was co-written with him. Flower Crew and Celebrity Bromance are only two of the South Korean TV shows in which Jungkook has appeared with his fellow members. At least $20 million is in his bank account.
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Final Lines
As of right now, BTS is the most popular boy band in the world. Despite all the rumors, the members remain close and strong. This is undoubtedly the most important factor contributing to BTS’s astronomical net worth. They are on track to become the most successful boy band even if they stay together.
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