BTS, also known as Bangtan Boys, is one of the most-streamed, most-loved, and most-followed musical groups across the world. Have you ever been curious to know how much money does BTS make?
South Korean K-pop group earns millions of dollars with concerts, live tours, music projects, album sales, and brand endorsements. According to Forbes, BTS was the highest-paid boy band in 2020.
Let’s delve into the well of money BTS makes.
How much money does BTS make?
Grammy nominee BTS has been making multi-millionaires since 2016. As of 2022, the K-pop supergroup has a net worth of $3.6 billion with an annual income of $60 million, according to Forbes.
Besides direct earnings from tours, concerts, and shows, the group also has shares in HYBE, a parent company of Big Hit Music Entertainment. As of 2020, the band has 478,695 shares in HYBE label stock with each member having 68,000 shares.
As per the reports, the net worth of BTS before the IPO was around $30 to $35 million and after the IPO, it raised to $45 to $50 million.
It is also reported that in 2018, the group’s management label, Big Hit, had an operating profit of over $70 million, and half of that amount, which is $35 million, was allocated to BTS. With seven members in the group, this would mean that each member received $5 million.
Additionally, later in 2019, operating profit was $87 million, meaning each member would have potentially earned $6+ million. With shares in HYBE, the base net worth of BTS members rose around $16 million.
BTS’ net worth over the years
BTS was formed in 2013 with members consisting of J-Hope, Suga, Jimin, RM, V, Jin and Jung Kook. Following is the net worth of one of the most famous K-pop groups across the globe.
Year | BTS Net Worth |
2013 | Not Known |
2014 | $3 million |
2015 | $11 million |
2016 | $22 million |
2017 | $34 million |
2018 | $55 million |
2019 | $157 million |
2020 | $172 million |
2021 | $190 million |
2022 | $220 million |
After 2022, BTS was temporarily disbanded because its members went to mandatory military service in South Korea, which meant no group tours or new songs for several years.
However, with chart-buster songs and albums, the American business magazine predicted BTS’ net worth in 2023 between $120-150 million, before the IPO of HYBE Entertainment.
How much does BTS make per concert?
There is no fixed limit to BTS’s earnings from any show. The money earned by BTS through concerts depends on the number of people attending.
Did you know BTS earned $75.5 million from their concerts in Las Vegas, Seoul, and Los Angeles to place in the list of top tours and top concerts for 2022?
With only 11 gigs, the septet ranked 27th in Billboard Boxscore’s Top Tours, earning $75,489,240. This resulted in an average income of $6.86 million for BTS per concert. During these performances, the group drew 458,144 people, an average of 41,649 people per concert.
In 2022, the multi-millionaire group’s “Permission to Dance on Stage-Las Vegas” concert in April became the No.3 top concert, earning $33.9 million for 4 days in April, which is equivalent to $8.98 million in gross per concert day. The concert attracted 199,697 people, an average of 49,924 people per concert.
How much does BTS charge for a private concert?
BTS has always been known for exceptional skills in singing, dancing, and rapping. BTS has won millions of hearts with its lyrics focusing on the hidden emotions of the youth, issues of society, loneliness, pressure, and depression.
Every youth around the world desires to have a private concert for BTS once in a lifetime. But do you know how much BTS charges for a private concert?
Bringing BTS to your private party might burn a hole in your pocket. As of 2019, BTS, reportedly, charges close to $5 million- $10 million for a private concert and the money must be paid in advance.
However, the charges that were reported on search engines are from a few years ago. Since then, the group has achieved immense popularity. The greater the popularity, the higher the demand for money.
FAQs: How much money does BTS make?
Here are the frequently asked questions related to the money made by BTS.
#1. How much does BTS make per year?
According to Forbes, BTS has a net worth of $120-130 million with an annual income of $60-70 Million.
#2. How much money does BTS bring to Korea?
According to the Hyundai Research Institute in 2019, BTS contributed $4.9 billion in South Korea (US$ 4.9 billion).
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Conclusion: How much money does BTS make?
One of the world’s highest-paid K-pop bands, BTS has seen extraordinary growth in terms of both popularity and wealth. From his humble beginnings in 2013, his net worth has skyrocketed, reaching $220 million in 2022.
Despite the temporary disbandment in 2023 due to mandatory military service, BTS’s financial outlook remains strong.
We are eagerly waiting for the group to reunite and conquer the world again. Are you?