|Also known as:||Bangtan Boys
Beyond the Scene
Bulletproof Boy Scouts
|Net Worth in 2022:||$123.236 million|
|Last Updated:||May 2022|
BTS’S Net Worth 2022
BTS, also known as Bangtan Boys, is a South Korean boy band made up of seven members. It was also founded by Big Hit Entertainment. Their first performance was of the song ‘No More Dream,’ which was from the album ‘2 Cool 4 Skool,’ which was released in June 2013. They have won several awards, including the New Artist of the Year Award.
You may know a thing or two about BTS, but how well do you know this boy band? How old, for example, is this band? What about their backgrounds, genres, and earnings? In another case, BTS may be unfamiliar to you; fortunately, we have compiled all the information you need to know about BTS’s wiki, members’ names, current net worth as of 2022, salary and earnings, How Was BTS Formed, Individual Net Worth, Inception, Evolution, achievements, and other facts. Let get started
How Was BTS Formed?
BTS began as a hip hop boy band, but they’ve since expanded into other genres, even performing in English. Their themes are primarily concerned with current issues such as heartbreak, love, mental health, school issues, and the journey to self-love. Since 2013, this band has released several successful albums and toured extensively. They released their single album 2 Cool 4 Skool in 2013, followed by their debut Korean-language studio album “Dark and Wild” in 2014. Following Korean, they released “Wake Up,” a studio album in Japanese. “Wings,” their second Korean studio album, was a huge success for them.
It was their first million-copy-selling album in South Korea. They had successfully made waves all over the world by 2017 and were an important part of the global market. They created a wave that traveled to the United States, breaking several records and winning numerous awards.
They quickly became the first Korean group in the world to receive RIAA Gold certification. With their Grammy-nominated single “Dynamite,” BTS became the first all-Korean act to reach number one on the charts in 2020. “On” was also a huge hit, making them the first such group to have multiple Billboard Top 100 hits. The band has sold over 20 million album copies, making it South Korea’s best-selling album in history.
Their unprecedented performance sees them become the first and only Asian and non-English speaking act to be named IFPI Global Recording Artist of the Year while touring at the UK’s Wembley Stadium. They also appeared in various magazines and newspapers as the famed articles spread around the world. International Time Magazine dubbed them the world’s “next-generation leaders.” They were named one of the world’s top influencers in 2018 and 2020. They are so well-known that they directly benefit their country’s economy, attracting one out of every thirteen tourists who visit South Korea. Their worldwide music sales totaled approximately $19 million.
Individual Net Worth
JHope: $3.236 million
According to media outlets such as Seoul Space and KpopStarz, JHope is the highest-earning member due to the success of his solo mixtape Hope World, which was released in March 2018. The album’s lead single, “Daydream,” gave him his first No. 1 on Billboard’s World Digital Song Sales chart. With the song Chicken Noodle Soup, he was also the first member to have a solo Hot 100 hit. He was the first member to purchase his own home, which cost $1.2 million, in 2016.
Suga (Min Yoongi): $31-33 million
Suga is the next highest-earning member of BTS, thanks to the release of his solo mixtapes Agust D and D2. Suga, like JHope, is a songwriter. He has written and produced over 70 songs. His worth grows as he writes songs for many artists both inside and outside of Korea. Suga is compensated for each song he writes and produces. He even composed music for Halsey! He is arguably the best rapper in the band because he began rapping at a young age.
RM (Kim NamJoon): $28-$30 million
RM (Real Me/Rap Monster) is the group’s leader and speaks English in most interviews around the world. He is also a composer, having written over 130 uncredited songs. He’s released two solo mixtapes (RM and Mono). He also collaborated with American rapper Warren G on a solo mixtape. It would not be surprising if RM goes on to become a very powerful producer in the Korean music industry, whether for Kpop or Korean Hip Hop. We believe he will be successful in the world of KPOP companies because, for one thing, he is very intelligent.
Jimin ($18-$20 million)
Jimin is the fourth richest member of BTS. The member successfully dominated the 100 Idols Individual Brand Reputation ranking, remaining at the top for 19 months. Jimin writes and sings his own songs, despite being best known as the main dancer of the Kpop group alongside JHope. He recently released his song “Promise” to his fans.
Jungkook ($18-$20 million)
Nobody should underestimate BTS’s youngest member’s potential. Jungkook, the most googled member of BTS, has an estimated net worth of $18-20 million. In a single minute, the golden maknae leaks everything he wears. Jungkook also purchased an apartment in Seoul for $1.7 million in cash, increasing his net worth. His solo career has flourished in recent years, and he has been able to release his own mixtape while collaborating with A-listers such as Justin Bieber and Charlie Puth.
V (Kim Taehyung) – $19 million
This stunning BTS member is the sixth richest in the group. Kim Taehyung, also known as V, has begun to cultivate other acting skills. The BTS member owns $19 million, and V also owns an expensive car. V is said to have purchased a Ferrari Italia 458 luxury car. He paid $277,349,680 for it. V purchased his own apartment in Gangnamgu’s Samsung-dong District, Appelbaum. The apartment cost 5.1 billion won (approximately $4.55 million USD).
Jin- $18 million
This “worldly beauty” is the wealthy family’s daughter. His father is the CEO of a South Korean trading company, and he was ranked 31st on Forbes’ 2018 list of Korea’s 50 wealthiest people. In South Korea, Jin and his brother also own a Japanese restaurant. He is estimated to have a total net worth of around $18 million as a member of BTS. This senior member owns a $522,000 blue Lamborghini Aventador. Jin paid around $3.4 million for his own condo in The Hill, which he later gave to his parents. The total net worth of BTS, whether as a group or individually, is undeniably well deserved by their efforts and music.
Big Hit Entertainment conducted research for a boy’s band from 2010 to 2011. The company was looking for the best singers, so they held a nationwide audition. This team eventually came up with a list of the best members who were to make this team after a series of changes. Suga, Jin, J-Hope, RM, V, Jimin, and Jungkook were among the members.
They have been a part of BTS since 2012. Many people have speculated on the meaning of the initials. Because this is a Korean band, the acronym is Bangtan Sonyeondan, which translates to Bulletproof Boy Scouts. This name, Bodan Shonendan, has the same meaning in Japanese. In 2017, they introduced a brand new one called ‘Beyond The Scene.’
Jin is one of the members who is the oldest. He is the lead vocalist and was born on December 4, 1992, as Kim Seok. Suga was welcomed by his parents on March 9, the following year, and was given the name ‘Min Yoom-gi.’ J-Hope and the RM were born on the same day in the same year. Nam Kim Joon and Jung Ho-Seok are their given names. J-Hope is a rapper as well as a dancer, and RM is the main rapper. Jimin was conceived in 1995, and V was born the following year.
BTS Arena was on social media, and it’s where they posted their song covers on SoundCloud and YouTube. They released their debut album less than a year after the band’s formation. The album was called ‘2 Cool 4 Skool,’ and it was released in 2013. Then came an extended play called O!RUL8, 2?
They have a large fan base, particularly in Korea and Japan. They have albums in the languages listed above. Dark & Wild and Wings are two Korean studio albums released in 2014 and 2016. BTS released a Japanese song titled Wake Up in the year 2014. Youth Album was released for Japanese fans two years later. BTS also had side projects, such as various television appearances, brand ambassadors, and world tours.
BTS has demonstrated exceptional musical abilities. Their outstanding musical abilities have led to them being nominated for and winning numerous awards. The total number of awards won by the group is 61, with over 100 nominations. Billboard Music, Cable TV Broadcast, and 3 Hanteo are among the awards.
BTS’S Net Worth 2022 and Earnings in 2022
BTS’s net worth is expected to exceed $100 million by 2022. Rap Monster and Suga are the richest members of the popular boy band, with net worths ranging from $12 to $15 million. They are paid more than the others because they are the primary songwriters/producers of the songs they perform. Rap Monster is also the band’s leader.
This band’s main source of income is their music career, which has seen them release several albums with very good sales. They have appeared in a number of concerts and shows. Over one million copies of their albums have been sold. They have been chosen as brand ambassadors on numerous occasions.
The Japanese and Koreans now have something to be proud of as a result of BTS. This group has dedicated their time to creating good music for the soul, which has drawn the attention of the universe. They have participated in a variety of charitable activities.
BTS Owns Expensive Items
BTS was the highest-paid boy band in the world in 2019. The pop group was formed in 2013 under the banner of BigHit (now HYBE) and quickly rose to prominence. BTS debuted on the Forbes Celebrity 100 list in 2019 as the world’s highest-paid boy band and pop act.
Golden’maknae’ Jungkook’s Itaewon mansion is valued at Rs. 51.4 million. The 24-year-old purchased a home in Itaewon, South Korea’s global hub, earlier this year. The prime location residence is reportedly worth Rs. 51.4 million!
He also purchased an apartment in Sungsoodong in 2018. His other possessions include clothing such as the one he wore, a Gucci eco-friendly cashmere coat valued at Rs. 4,00,799 at the time. With a net worth of $22 million, JHope is the unofficial richest member. According to Seoul Space, each of the seven members receives an annual salary of US$8 million.
His equity stake in his agency, HYBE, brings his estimated net worth in Minnesota to $16 million. With a net worth of $22 million, BTS lead dancer JHope is unofficially the richest (Solo projects). He collects Dolce & Gabbana and Louis Vuitton shoes. JHope also has a Rs. jacket worth Rs. 2,65,000.
Suga’s Casual T-Shirt costs Rs. 14,000, while the Rs de V. Choker costs Rs. 21L. The producer has been photographed wearing footwear and clothing by major brands such as New Balance, Gucci, and Balenciaga.
His favorite casual white t-shirt is said to be more than Rs. 14,000 in price. Meanwhile, V, also known as Taehyung, has acting roles and endorsements to his name. He owns a floral diamond choker by Gucci, which costs approximately Rs. 21.75.600!
However, when it comes to investments, Jin, the oldest member, is head and shoulders above the rest. He and his brother own a Japanese restaurant in Korea, and his apartment in Seoul is worth $1.9 million. Leader RM has several flats under its belt, as well as hundreds of song credits.
How does BTS generate revenue?
BTS has been a band since 2013 and has released nine studio albums as well as six compilation albums. Their top songs on Apple Music include “Dynamite,” “Boy With Luv” with Halsey, “Fake Love,” “Butter,” “DNA,” and “Blood, Sweat, and Tears.” In addition to countless hit singles, BTS has won an incredible number of awards both in the United States and abroad in 2021. BTS has yet to win a Grammy, but they have been nominated for Best Pop Duo/Group Performance in 2021.
In November, BTS was named Artist of the Year at the 2021 American Music Awards. According to CBS News, RM said after winning the prestigious award, “Seven boys from Korea, united by a love of music, found the love and support of every army around the world.”
“Everything is a miracle.” We would never, ever take that for granted.” BTS was also named favorite pop duo/group and favorite pop song for “Butter.” BTS has endorsement deals with companies such as Samsonite, Louis Vuitton, Puma, FILA, Samsung, McDonald’s, and others. In fact, the BTS x McDonald’s menu, which was released in May 2021, reportedly earned the musicians $8.89 million.
BTS Makes Movies: Beginning in 2018, BTS made an eight-part docuseries about their Wings Tour available on premium YouTube. This behind-the-scenes footage was later turned into a film titled Burn the Stage: The Movie. Global ticket sales have risen to $14 million, according to Forbes. In 2019, BTS released Bring the Seoul: The Movie, and in 2020, Break the Silence: The Movie.
BTS owns stock: In October 2020, BTS’s record label, Big Hit Entertainment, went public and debuted on the South Korean Stock Exchange. According to CNN, each member of the band received 68,385 shares worth $7.9 million at the issue price at the end of the closing day.
BTS is without a doubt the most popular boy band right now. All of the members are close, and despite the rumors, they are united. This is most likely the primary reason why BTS is worth billions of dollars and their net worth continues to rise. If they stay together, they will almost certainly become the wealthiest boy band in history.