The Richest Korean Musicians In 2023

Know who the richest K-pop Idols in 2023 with their net worth

Unlike Western artists who find their way or start a career independently, these richest korean music artists work tirelessly even before becoming Idols. Kpop idols get selected by different entertainment labels, and then they get trained for years before they make their debut.

Korean popular music has just transformed the dynamics of music in past few years. K-pop groups have hauled global attention and their craze among fans is absolutely perceptible over the internet and social media platforms. All glory for their global success goes to the incredible and competent Kpop idols.

The Richest Korean Musicians (K-pop Idols) In 2023

1. JYP

The owner of JYP Entertainment known as JYP or Jin Young Park stands at the top. Jin Young Park is currently richest musicians in Korea 2023 and the richest kpop idol, and it will be tough to beat his score. He had a successful music career in the mid-90s. But he didn’t stop at music. JYP opened his own agency, JYP Entertainment, which is one of the biggest in South Korea.

JYP is also the richest agency head in terms of stock ownership (17.8%). Park’s own shares were worth $169 million alone in 2019, and as of 2023, the share value increased more than 2x, making his current shares worth $393 million. It’s no doubt that JYP has made quite a name and money bills for himself. The record producer, head of JYP, and musician is worth a whopping $410 million.

2. Kim Jae Joong

The second richest Kpop idol is Kim Jae-Joong. Jae-Joong is a singer, actor, model, businessman, and designer. He was a member of the boy group JYJ and TVXQ. Moreover, he also has a very successful career in acting. With shows like Triangle, Protect the Boss, Dr. Jin, and Manhole, he has become a common household name in South Korea. He also owns multiple lavish buildings and apartments in Korea.

3. PSY

On #3, we have PSY. Also known as Park Jae Sang, PSY is a South Korean singer, songwriter, actor, and record producer. With his superhit single, Gangnam Style, PSY took the world by storm. It was a global hit, and PSY undoubtedly bath in the “money shower.”

Psy’s career was a late bloomer, but he managed to earn all that he could in a single year with his hit. He earned $28 million alone in the year, 2012. He is currently worth $64 million.

4. RAIN

RAIN is a singer, actor, songwriter, and artist. The singer launched his solo album in 2002, instantly topping the charts. Since then, he has given seven hit albums. RAIN has also appeared in several Kdramas and even American movies.

In 2015, he opened his own company, RAIN COMPANY. Rain and his superstar actress wife, Kim Tae-Hee, own a $42 million mansion in Cheongdam. The artist has a net worth of $60 million. 

5. Suho (EXO)

Kim Jun-Myeon, popularly known as Suho, is a South Korean singer, songwriter, and actor. He is the leader of the Chinese boy group EXO, and its subunit, EXO-K.

Moreover, in March 2020, he released a new album as a soloist. The singer has an estimated worth of $58 million. Suho is also known for appearing in many shows, and he is currently focusing on film and his career as a solo artist.

6. Choi Siwon

Siwon is a member of the group Super Junior and is also a very successful South Korean actor. Besides his hard-earned money, Siwon is also in line to inherit his parent’s wealth. As a part of Super Junior, Siwon has released several albums and songs.

Choi was also a part of Attack on the Pin-Up Boys, A Battle of Wits, Dragon Blade, To the Fore, and Helios. In 2015, he became the special representative of the South Korea Committee for UNICEF. He is worth $55 million at the moment.

7. I.U

Lee Ji Eun, or I.U., is undoubtedly one of the most successful and popular female Kpop idols. The singer has not only a famous discography but also a fantastic career in acting. She has worked in popular Kdramas such as Hotel del Luna, Scarlet Heart Ryeo, and many more.

I.U. has written multiple songs for her albums, as well as for several Kdramas. I.U. also endorses products for many companies, including Samsung, Sony Korea, and Sk Telcom. The singer lives at Caelitus- one of the more luxurious apartments in South Korea. I.U. has a net worth of $45 million.

8. Lee Hyori

On the #8 position, we have a kpop idol from the first generation. Lee Hyori was a member of the girl group Fin. K.L. By 2006, Hyori was the highest-paid Kpop idol.

Lee earned more from endorsement deals, including companies like Samsung and the soju brand Chum Churum. She married producer Lee Sang-soon in 2013. Together they produced several variety shows. The singer is worth $41 million.

9. Taeyang

Taeyang or Dong Young Bae is also a member of the Big Bang. Like his other bandmates, Taeyang also has a successful solo career in music. The singer is known for his great fashion style and has worked with Fendi to launch “Fendi for Taeyang.”

The singer has more than 30 song credits himself, and he also owns a beautiful home that is worth $3.5 million. Moreover, Taeyang owns another real estate that is worth $7 million. The kpop star is worth $35 million. 

10. T.O.P (Choi Seung Hyun)

TOP is a member of the boy group Big Bang. TOP is a rapper, singer, and songwriter. In 2010, he released G.D. & TOP, which peaked at #1 in Korea.

The rapper is working as a record producer and actor these days. He is also known for collecting precious art collectibles. TOP has a mansion that is worth $2.5 million. Besides music, most of his income generates from endorsement deals. The rapper has a net worth of $40 million.