BTS Will Soon Add Over $50 Million to Their Collective Net Worth

by Jeremy Spirogis
BTS

BTS is a power to be reckoned with. In the previous few years, they’ve been making a reputation for themselves with large world excursions, giant social media presence, and numerous hit singles. Their newest single, “Dynamite,” even landed at no 1 on the Billboard Hot 100.

All of those accomplishments additionally imply more cash in BTS’s pocket. The group is already very rich but it surely appears their internet value will quickly enhance by about $50 million extra.

BTS
BTS | John Shearer/Getty Images for The Recording Academy

What is BTS’s present internet value?

BTS is by far the most well-liked Ok-pop group on this planet, and their internet value additionally displays their affect. According to varied sources, BTS as a complete is perhaps value anyplace round $45 and $60 million.

Much of their cash comes from touring, music gross sales, and commercials. For instance, the group has acquired sponsorship offers with world firms like Hyundai, Samsung, Baskin Robbins, and Chupa Chups.

It can also be essential to notice that every member might have completely different internet worths as effectively. Some members, equivalent to rappers RM, Suga, and J-Hope, have achieved extra work in writing and producing BTS songs, so it’s pure that they’re paid extra. Additionally, a number of BTS members have additionally launched solo music and took on work outdoors of being in BTS, which impacts how their internet worths look.

Why will BTS be incomes $50 million quickly?

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BTS will quickly be given an opportunity to virtually double their collective internet value. Their firm, Big Hit Entertainment, introduced plans to go public this yr, and the members of BTS have been given shares within the firm, which ought to add to their particular person and mixed internet worths.

Big Hit was only a small leisure firm when BTS first debuted in 2013. However, because of BTS’s recognition, the corporate was capable of earn more cash and broaden. In the previous few years, Big Hit has acquired smaller leisure firms in South Korea. Today, Big Hit is value over $2 billion, surpassing the unique Big three firms in Ok-pop: SM, JYP, and YG.

When Big Hit goes public, every member of BTS will reportedly purchase 68,385 shares, in line with Bloomberg editor Sam Kim. Each share might be value $113, which suggests every member might add roughly $7.7 million to his particular person internet value. In whole, BTS as a complete could be value over $50 million extra.

How has BTS been spending their cash?

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Aside from buying shares which can be value hundreds of thousands of {dollars}, BTS would little doubt proceed to make some huge cash from touring, music gross sales, and commercial offers.

They is perhaps multimillionaires now, however the members are nonetheless fairly humble about their spending and don’t dwell extravagant existence. They did buy a really luxurious condominium complicated collectively that’s value $6.three million. Some members additionally spent cash shopping for their very own flats and vehicles.

Additionally, BTS is thought for donating cash to many worthy causes. Between the seven members, they’ve donated a big sum of cash to UNICEF, native colleges and hospitals, and people affected by disasters.

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