PSY Net Worth : Career & Lifestyle

South Korean Rapper Park-Jae-sang who goes by the stage name PSY Net worth is Roughly $60 Million.

Раrk Јае-Ѕаng іѕ а rесоrd рrоduсеr а rарреr, а ѕіngеr-ѕоngwrіtеr оf Коrеаn ethnicity.

His stage performances and hilarious videos have earned him a place among the music industry’s power players.

‘Gangnam Style‘ and ‘Gentlemen‘ are his major hits that accelerated his career.

РЅY gаіnеd іntеrnаtіоnаl rесоgnіtіоn аftеr hе rеlеаѕеd his humorous song “Gangnam Style“ іn 2012.

“Gangnam Style” became a viral video craze, and the track topped international music charts, peaking at number two on the Billboard Hot 100.

PSY Posing for Picture(Source: Pinterest)

His iconic track Gangnam Style tорреd muѕіс сhаrtѕ іn mоrе thаn 30 соuntrіеѕ аnd bесаmе thе fіrѕt ѕоng tо rеасh 1 bіllіоn vіеwѕ on Youtube .

Park-Jae-sang was born into a wealthy in Seoul’s Gangnam District.

His mom Kim Young-hee owns multiple restaurants in Gangnam and His father, Park Won-Ho, is the executive chairman of DI Corporation.

РЅY founded his own music label, P Nation, which signed HyunA and E’Dawn, two K-pop sensations.

PSY Quick Facts

Before looking at PSY’s net worth, let’s take a look at our iconic Gangnam styler, PSY’s personal details.

PSY Net Worth and Income

Аѕ оf August, 2023, РЅY nеt wоrth іѕ $60 mіllіоn.

PSY’s net worth has skyrocketed as an outcome of his hit single “Gangnam Style,” which launched him into the international music scene.

‘Gangnam Style ‘ made $870,000 when it became the most popular and successful YouTube video of all-time, at that time, with nearly 900 million views in 2012.

Gangnam style has bееn сеrtіfіеd 5× Рlаtіnum іn UЅ, 2× Рlаtіnum UК, 10× Рlаtіnum Аuѕtrаlіа, аmоng оthеr соuntrіеѕ.

Moreover, music Соnсеrt tоurѕ as well as YоuТubе еаrnіngѕ hаvе аlѕо bооѕtеd РЅY riches.

Hе wаѕ thе fіrѕt аrtіѕt tо hаvе а ѕоng оn YоuТubе that rеасhed оvеr а bіllіоn vіеwѕ.

Psy earned more than US$40 million in 2012 from concert sales, TV commercials, and social media revenue from his hit song Gangnam Style.

Moreover, he has earned $10 million from YouTube alone.

PSY earned $4 million from iTunes downloads. This speaks the volume to which he was popular.

Furthermore, his estimated personal income in 2012 was US$28 million, thanks to his 7:3 profit-sharing contract with YG Entertainment.

PSY Net Worth in Different Currencies

Let’s have a look into PSY’s net worth in different currencies, including the cryptocurrency BitCoin.

PSY House and Cars

PSY House

Los Angeles

Korean pop star PSY bought a condo in the exclusive Blair House on Wilshire Boulevard in Los Angeles.

He paid $1.249 million cold-hard cash.

PSY apartment in La(Source: Pinterest)

The apartment is 2,776 square feet and is positioned on one of the lower floors of the Blair, a premium building that was built in 1989.

In addition, several rooms have floor-to-ceiling windows and trendy furnishings.

The luxurious building also has some decent benefits, such as a pool and concierge service.

Gangnam Seoul

“Gangnam Style ” highlighted Gangnam, Seoul’s most affluent district.

PSY is from Gangnam, and he owns a home there.

Psy House in Gangnam (Source; Pinterest)

Owning a home in Korea means having a lot of money for many Koreans.

Gangnam is the most expensive real estate in the country, with an average unit costing $716,00 inside the district.

PSY Cars Collections

PSY, a South Korean singer, has a number of the world’s most luxurious automobiles.

His cars are worth $1.2 million at least.

Let’s get into the details of his lavish automobile collections.

Hyundai Equus

The iconic singer PSY is a proud owner of Hyundai Equus.

The Hyundai Equus is the largest and costliest model in the Hyundai lineup, introduced in 1999.

Psy’s automobile has been modified to a bulletproof Equus by Hyundai Motor Company for his trip to Brazil.

The Equus cost him a total of $90,000.

PSY posing with his Hyundai Equus (Source: Pinterest)

The bulletproof Equus is not for sale and is only available to a small number of celebrities, notably Ban Ki-moon, the current Secretary-General of the United Nations, and Psy.

Mclaren mp4 12c

Recently, PSY owned one of the most renowned sports designed by McLaren.

He bought this for a whopping $180,641. 

PSY in MCLauren (source: gtspirit.com)

Interestingly, the 12C was the first vehicle to feature McLaren’s revolutionary carbon ‘MonoCell’ chassis tub.

This carbon tub, which was stiff but light, gave the 12C exceptional rigidity without compromising the car’s weight and performance.

Mercedes S Class

The Mercedes-Benz S-class sedan is among the popular cars from PSY unique collection.

Additionally, it boasts outstanding levels of luxury and cutting-edge technology.

PSY Mercedes Benz (source: autoevolution.com)

PSY paid $380,000 for this extraordinary model because of its modernizations and improvements.

Rolls Royce Phantom

The Phantom is regarded as the symbol of luxury and stardom.

This luxurious automobile is handcrafted in England.

Psy Rolls Royce red phantom (source: Pinterest)

The singer is also the proud owner of a Rolls Royce red Phantom, which cost him $450,000.

PSY Lifestyle and Vacations

PSY was born into a wealthy environment and raised in it.

His father is the CEO of DI Corporation, while his mother is one of South Korea’s most successful businesswomen.

He describes his life after Gangnam Style as both a dream and a nightmare, knowing that it wouldn’t surpass the success of his next song.

The humorous Gangnam Style singer enjoys a privileged lifestyle while sitting on a throne of millions of dollars.

After three and a half years of dating, PSY married his wife, Yoo Hye-Yeon, in 2006.

The couple had a picture-perfect marriage day. The wedding ceremony cost approximately $100,000.

The couple is now comfortable with co-parenting their two daughters.

PSY posing for a pic in London (source: bbc.co.uk)

PSY was able to introduce K-pop to North America in ways that anyone had never been done before.

His smash tune “Gangnam Style” is a neologism from South Korea.

It refers to a particular way of life connected with Seoul’s Gangnam District.

Charity

Psy performed ‘Gangnam Style‘ at a charity concert in Washington, D.C.

Former President Barack Obama was also an attendee of the event, which was aired on TNT on December 21.

He also actively supports Rotary International and World Vision.

PSY Investments and Endorsements

Investments

The iconic singer has smartly distributed his wealth to further his personal and professional development.

P Nation Label Building

Psy’s own music company, P Nation, has signed K-pop sensation, HyunA, and E’Dawn, most recently.

Although PSY continues to compose his own songs, he has seen great success when producing on his own label for others.

P Nation is both a record label and an entertainment agency.

It was founded on January 24, 2019, with a $6.8 million investment.

PSY left YG Entertainment to start up his own company.

PSY Endorsements

Samsung

PSY has signed deals with many big brands, and Samsung is one of them.

He gets 8 million dollars from the deal with Samsung.

He is one of the global ambassadors of a popular mobile company.

Wonderful Pistachios

PSY’s contract with Wonderful Pistachios and Almonds has undoubtedly netted him a substantial sum of money.

Other big deals of PSYS includes Sonic Drive-in , Chamisul, Shin Ramin and Haute Coutur.

All of these have added more to his already remarkable net worth.

PSY Career

Since his debut in the music industry in 2001, PSY has released eight studio albums, one live album, 25 music videos, and 23 singles.

PSY completed the required military training, which is mandatory among South Korean men.

Consequently, he was quickly released due to his profession as a software developer.

With his record-breaking song “Gangnam Style” in 2012, PSY launched the K-pop music industry into the international spotlight.

PSY was named a “International sensation” by the United Nations on October 24, 2012.

Furthermore, he performed Gangnam Style at the MTV Europe Music Awards on November 12, 2012, becoming the second South Korean artist.

He performed on the same stage with Lady Gaga, Rihanna, and Eminem.

Psy performing in FIFA world cup (dailymail.co.uk)

Since then, he’s grown into a global sensation who continues to release bizarre music videos like no one else.

In his sensational, he has won several accolades and awards.

It includes YouTube Music Awards Video of the Year, Billboard Music Award for Top New Artist, Billboard Music Award for Top Rap Artist, and World Music Award for World’s Best Video.

He has also won Billboard Music Award for Top Streaming Songs Artist, YouTube Music Awards YouTube Phenomenon, World Music Award for World’s Best Entertainer of the Year, and Kids’ Choice Award for Favorite Song,

3 Facts about PSY

• His stage name PSY is an abbreviated form of the word “psycho.”
• Freddie Mercury of QUEEN has had a great musical impact on PSY, similarly, he always wished to meet Tom Cruise.
• It took a long time to master his PSY’s signature horse dance; after experimented on kangaroo, elephant, and monkey dances, among many others.

FAQs

Is P Nation controlled by YG?

On May 14, 2018, PSY announced that he would be leaving his agency, YG Entertainment, to so that he can start his own.

So P Nation is PSY’s label that he founded, and it is not under the control of YG.

What is the meaning of PSY?

Well, you might be shocked to know that the singer has given his stage name from his single “PSYCHO.”

So, PSY is just an initial of the word PSYCHO.

What is the name of PSY’s favorite band?

It is definitely QUEEN.

PSY’s passion for music was triggered by Queen’s legendary song “Bohemian Rhapsody.

He reportedly watched the band perform the song on TV during one of their live concerts.

Categories: Net Worth
Source: ASIA EDU