"Hearst Magazines and Yahoo may earn commission or revenue on some items through the links below."
BTS is one of the biggest boy bands in the world right now. All of their latest albums have topped the Billboard 200 chart including their newest effort Butter, which was released in July 2021. It sold 2,490,969 copies in its first month.
The group celebrated Butter through a collaboration with CASETiFY that's currently sold out. Inspired by their title track, the BTS Butter x CASETiFY collection features phone and AirPod cases, smartwatch bands and so many other tech accessories.
Known for their dancing, singing, and rapping, the members of the ultra-popular K-pop group have majorly cashed in on their talents. So just how much are the members of BTS worth? Here's what you need to know about BTS's net worth.
Though BTS was originally supposed to be a hip-hop group, the band has released music that fits several genres from K-pop to R&B, which may help explain their wide appeal. The band's debut single album, 2 Kool 4 Skool, was released in 2013. Their first studio album, Dark & Wild, wasn't released until 2014, but all the music that was put out before then helped the boys build a following.
Now, more than eight years after their debut, BTS has definitely established their global presence as one of the hottest groups in the world. They've broken so many records that they will be entered into the Guinness World Records Hall of Fame in 2022. Their single "Boy With Luv" broke three records alone. They also became the first Asian act to gain more than 5 billion streams on Spotify.
BTS released Map of the Soul: 7 in February 2020 and it topped charts. It became their fourth number one album on the Billboard Top 200 chart. Even though they had to cancel their 2020 tour dates because of the Coronavirus, they released the album BE, in November 2020.
Music – writing it, producing it, performing it during worldwide tours –has definitely helped the boys achieve a stream of revenue that makes each member mega-rich. But BTS has also branched out into other projects that add to their value. In 2018, BTS released an 8-episode documentary on YouTube Premium. The documentary was based on behind-the-scenes footage from their Wings Tour. They also released a movie version of their documentary called Burn the Stage: The Movie in theaters in late 2018. According to Forbes, its opening weekend brought in $2.4 million.
The boys' success also comes from other projects, like their old reality and variety shows. Shows on which BTS appeared include Let's BTS, Rookie King: Bangtan, BTS Gayo, and BTS: Bon Voyage, which featured the group traveling around Europe for 10 days. Their TV show American Hustle Life, followed the guys as they learned more about the history of hip-hop, from rappers and mentors Coolio and Warren G.
As a brand, BTS is very valuable. They're so influential that they reportedly bring about $3.6 billion to the South Korean economy. The band has the power to sell out products they endorse, so it's no wonder countless brands pay the members of BTS to be brand ambassadors. BTS has had a number of partnerships with well-known brands like Coca-Cola, Mattel, and Hyundai (who had trouble keeping up with demand for the "Palisade" car after the BTS endorsement). Now, BTS are also global brand ambassadors for Louis Vuiton, Fila and have a collab with McDonald's.
According to Celebrity Net Worth, BTS earned $170 million just from touring and in September 2020, its label Big Hit Entertainment went public to be sold on the South Korean stock exchange. Each member of the group was given shares beforehand and at the end of the company's first-day trading, they each had stakes worth $7.9 million.
Even though each member's talent contributes to the overall success of the group, they make tons of money on their own.
Business Insider reports that BTS has some big assets, too. Even though they all live together, some of them have their own apartments. Jin reportedly spent $1.7 million in cash on his apartment. J-Hope spent $1.6 million, Jungkook reportedly spent $1.74 million and Suga spent $3 million on his own apartments.
Jin, who has a net worth of $20 million, makes money off of his producing and writing credits on some of BTS's albums in addition to their music releases and touring. He's also ventured into the food industry by opening a Japanese-style eatery in South Korea with his brother.
J-Hope has a net worth of $20 million. In addition to the money he makes with BTS, his solo mixtape Hope World, topped global charts making him lots of money along the way.
Leader of the band, RM, earns a lot of cash for his talent at writing songs. He's got writing credits on more than 130 songs. His solo projects have also included a single for the Korean soundtrack of the movie Fantastic Four. His net worth falls around $20 million.
Jimin, BTS's formally trained dancer, makes most of his money off of BTS's projects, including their album, Map of the Soul: Persona. He's also made TV appearances on shows like Hello Counselor, raking up a net worth of around $20 million.
Member V also makes most of his money from BTS's record-breaking music releases. V shares producing and writing credits on some of BTS's songs. He's also branched into acting, landing a supporting role on the historical drama Hwarang: The Poet Warrior Youth. His net worth sits at $20 million.
Jungkook also shares producing credits on some of BTS's music. Songs he's helped produce include "Love is Not Over" and "Magic Shop." Like other members, Jungkook has also appeared on several South Korean TV shows, like Flower Crew and Celebrity Bromance. His net worth is about $20 million.
Last, but not least, Suga has a net worth around $20 million. Aside from working on BTS's music, Suga has also composed songs for artists including Suran and Lee So-ra. His writing and producing credits can be found on more than 70 songs. In May 2020, he released the mixtape D-2 under the name Agust D. It quickly shot to number one on iTunes charts, according to Forbes.
Now that you know each member's net worth, you can only imagine how much money the band as a whole brings in. Their countless projects make them so rich your jaw will drop when you hear the number.
According to The Wealth Record, BTS's net worth is $100 million. That's one hefty bank account.
You Might Also Like