How Much Money Does Bts Make For Korea

That makes the band as valuable to South Koreas economy as multinational giants like Samsung and Hyundai. For example for BTS who is extremely popular in South Korea and internationally the amount of money they can earn per month might be more than.

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Here are the 9 richest K-pop bands who are making major moves.

How much money does bts make for korea. According to Naver via Soompi. The uber-popular Korean pop boy band BTS accounts for 465 billion of South Koreas GDP per the Hollywood Reporter. 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.

BTS is the worlds highest-paid K-pop group according to Forbes earning 57 million in pretax income over the past year. According to BigHit Entertainment the online concert was attended by 756600 fans from 107 different countries including Korea the US England Japan China and more. At 12 million J-Hope is the member of the group with the highest net worth who besides the band earnings also makes money through his solo mixtape Hope World.

K-pop superstars worth more than US36 billion a year to South Koreas economy The floppy-haired songsters were also the reason that one in every 13 foreign tourists. The BTS billions. BTS recently held a live concert for fans called Bang Bang Con and its been estimated to have raked in tens of billions of won in revenue.

A new study by Hyundai Research Institute found that the boyband is worth more than 36 billion yearly to the countrys economy. As the BTS economy booms the broader one is producing precious few hits of its own reform-wise to sustain growth in a 17 trillion trading power facing headwinds. BTS truly has become a global brand in itself.

NPR called BTS a corporation BTS Inc and described it as a huge driver of the global economy that generates billions of dollars in revenue including jobs Citing statistics from the Hyundai Economic Research Institute he stressed that the money that BTS brings to Korea is 5 billion a year which is 05 of the US. Moreover the music video has already crossed 300 million views and makes BTS the fastest Korean group MV to achieve this feat. Theyve reached all over Asia and America Benjamin says.

K-Pop band BTS is literally a national treasure for South Korea. A Korean study estimates that 83 of BTSs fans are female and 45 are between the ages of 10 and 30. Meanwhile the band comes in at number 43 on Forbes s Celebrity 100 list with earnings of 57.

According to the latest report. As K-pops richest boy band here. According to The Korea Times BTS earns 269 million 3 billion Won to 449 million 5 billion Won for promotion of every Korean brand they.

In 2017 Korean super group BTS were the reason for one in every 13 tourists visiting South Korea. Now they reportedly bring in over 36 billion a year to the countrys economy. Bae Yong Joon through the drama Winter Sonata created an economic value of about 3 trillion won.

I predict that BTS will easily surpass 1 trillion won He continued. 1 Some call this the BTS Effect highlighting just how much of a contribution to the country BTS make with their remarkable work. But it can be distracting.

South Korean group BTS enjoy churros during a taping of The Morning Mash Up On SiriusXM Hits 1 Channel at SiriusXM Studios on April 12 2019 in New York CityGetty Images. According to Statistas analysis of 2018 company revenues report BTS contribution to South Koreas GDP is almost comparable with Korean Air. This boy band is made up of multinational members from South Korea the US Thailand and Hong Kong.

But thats not all. This might help explain the groups wide appeal across continents. BTS are a seven-member K-Pop group who have took the world by storm with their music and have gained the South Korean economy 49 billion which is around 56 trillion South Korean won.

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