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10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

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10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

Over time, the K-Pop industry has experienced rapid growth even on the international stage with big names like BTS and BLACKPINK. It's understandable if people assume that these idols might also be the richest individuals in this industry. However, it turns out that it's not these idols who appear on the list of the richest singers in South Korea!

According to a report from the Korean media outlet Tenasia, Park Jin Young, also known as JY Park or JYP, is believed to be the richest singer in the K-Pop industry today. Read more about it!

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10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

The name Park Jin Young is no stranger to the public as the founder and CEO of JYP Entertainment.

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But besides that, he is also a first-generation idol who made his debut more than three decades ago, precisely in 1992.

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Until now, Park Jin Young is still active in music and continues his career in the industry as a singer.

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In addition, he is also a songwriter and producer who has made a lot of money from creating iconic groups such as G.O.D, 2PM, Wonder Girls, Miss A, TWICE, and ITZY.

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With his extensive work, it's no wonder that most of Park Jin Young's income comes from copyright royalties.

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At the same time, Park Jin Young's cuan source, which is no less bombastic, comes from his shares in JYP Entertainment.

10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

Park Jin Young is reported to have 5,402,311 shares in the company with an estimated asset value of around 385 billion won (around Rp 4.52 trillion) on April 3, 2024.

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The trading value per JYP share as of April 4, 2024, was 71,300 won. Meanwhile, JYP skyrocketed to over 110,000 won (around Rp 1.29 million) per share last year.

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According to the 2022 report, Park Jin Young is not only the richest celebrity in Korea, but also has a very large asset gap with the second position holder, Kim Jaejoong.

10 Photos of Park Jin Young 'JYP' Who is Called the Richest Singer in South Korea Today, Copyright Income - Company Shares as a Source of Income

FYI according to the 2022 report, Kim Jaejoong has a net worth of less than half of Park Jin Young's, which is 90 million dollars (around 1.43 trillion).