K-Pop Sensation BTS is all over the world. This all-boy band group enjoys massive popularity. One of the band’s songs, ‘Butter’, became a chartbuster in 2021, putting all its fans in awe of the seven boys who sang and danced most handsomely!
The band began its musical journey in 2012 in the South Korean music industry, and today it happens to be one of the most popular bands worldwide. BTS stands for Bantan Sonyeodan, meaning bulletproof Boy Scout in Korean. For all Western Fans, BTS is commonly called Beyond the Scene. This English name was announced by the group in July 2017 in an attempt to expand its reach into the English-language market.
Besides creating amazing music, the bandmates are also known for their cute, clean-cut chocolaty look. Their sophisticated blend of K-pop and hip-hop has won them critical praise. With such immense popularity and massive fandom, it wouldn’t be wrong to say that the band enjoys a handsome net worth.
Let us find out the net worth of this Boy Band.
The Journey from a Boy Band to one of the Most Popular Bands Worldwide
BTS was originally supposed to be a hip-hop group. But over time, it has released music fitting into various genres, ranging from K-pop to R&B, thus gathering a wide appeal. The band released its debut single album, 2 Kool 4 Skool, in 2013. Their first studio album, Dark & Wild, was not released until 2014, but all the music they put out before already helped them build a strong following.
It has been over eight years since their first debut, and BTS has established its global presence as one of the hottest groups worldwide. The band has broken many records they will soon be entered into the Guinness World Records Hall of Fame in 2022. Their single hit ‘Boy with Luv’ itself broke three records. BTS became the first-ever Asian act to gain more than 5 billion streams on Spotify.
Their album, Map of the Soul: 7, was released in February 2022, and it topped the chart in no time. The album became their fourth number one album on the Billboard Top 200 chart. Even though the band had to cancel their 2020 tour dates because of Covid, they released their next album BE, in November 2020.
In 2022, they announced its new concert series, Permission to Dance on Stage. Because of Covid restrictions, the series included their live performances with and without live audiences, allowing all their fans to enjoy seeing them from their homes.
What is the Net Worth of BTS?
BTS is at the pinnacle of its career. Thus, expect the band to have an astronomical net worth.
According to multiple reports, the band’s net worth as of 2022 is $100 million. The fame BTS has gained instantly and reached worldwide contributes to such a whopping net worth. BTS is not only a band, it has become a brand that combines contracts, agreements, and endorsements. Besides this, the promotions of their music albums, concerts, and tours are also the reasons for such huge earnings.
The boy band has ventured into the merchandise business too! Their merchandise is sold like hotcakes all across the world. BTS has made impressive money in such a short span.
Do the Band Members have Individual sources of Income?
Each member’s talent in the band contributes to the overall success of the group. Besides this, they also make tons of money on their own. According to a report, the band members live in luxury and enjoy some big assets. Even though they all live together, some of them have their own apartments.
Want to know the earnings of each member of the band? Read below.
Jin has a colossal net worth of $20 million. He also makes additional money from producing and writing credits on some of the band’s albums. He has ventured into the food industry and opened his Japanese-style eatery in South Korea. Jin co-owns this restaurant with his brother.
J-Hope has a net worth of $20 million. Besides making big money with the band, his solo mixtape, Hope World, also makes him some extra money. It has topped global charts many times.
RM is the band leader and earns a lot of money for his talent for writing songs. So far, he has written over 130 songs. RM also works on his solo projects. His solo work includes a single for the Korean soundtrack of the movie Fantastic Four. RM enjoys a net worth of $20 million.
Suga is the richest of all BTS members. He is known for his works not only in the band but on an individual level too. He has endorsed many famous brands and also writes songs outside of Korea in many countries. He has already written 70 songs. The overall net worth of Suga is $30 million.
His killer looks and great fashion sense make him the favorite of many. Jimin’s outstanding sense of fashion makes him a favorite of all the brands that offer approach him for endorsement. Jimin has endorsed a variety of products, ranging from clothes, perfumes, accessories, and so on. His overall fame and international presence put him on the spot of owning a $27 million
Jungkook is the youngest, favorite, and the most searched member of the band among an international audience. He enjoys a massive net worth of $26. Jungkook is popular for his cover collaborations with global stars like Charlie Puth and Justin Bieber. This young gun has the potential to rise.
V, another band member of BTS, has a net worth of $20 million. He makes most of his money from the record-breaking music releases of the band. V also shares producing and writing credits on some of the band’s songs. He tried his hands at acting, which landed him a supporting role in a historical series, Hwarang: The Poet Warrior Youth.
Recent Update – the Band is Taking a Break
Last month, the band shocked all his fans worldwide after announcing that they were taking a break to pursue their solo projects. Speaking at the Annual FESTA Dinner, the members discussed their path moving forward. You can watch the dinner video on their YouTube channel BANGTANTV.
We hope to see the band create some good songs together real soon.