Band or group performances have been popular since centuries ago. Many bands gained success by attracting their audiences with charming appearances and performances. BTS is one of those bands. They became viral and established a supermassive fanbase across the world. From today’s article, you will know about BTS net worth and the facts behind it.
What is BTS?
BTS is a South Korean band which was formed in 2010. The band is also known as the Bangtan Boys. They are mainly a hip-hop group. However, they expanded their music genres to K-pop music. Band members Jin, Suga, J-Hope, RM, Jimin, V, and Jungkook wrote and produced their music. Their lyrics focused on mental health, troubles of school, self-love, etc.
Short Bio of BTS
|Full Name||Beyond the Scene|
|Band Type||Musical Band|
|Genres||K-pop, Pop, hip hop, R&B, EDM|
|Labels||Def Jam Japan, Big Hit, Pony Canyon, Geffen Columbia, Universal|
|Social Media||Instagram, Twitter, YouTube, TikTok|
|Net Worth||$120-150 million|
BTS Net Worth
BTS’s net worth in 2023 is estimated to be $120-150 million. Being a viral musical band is the main reason behind this massive net worth. This band has popularity worldwide, which made them one of the most decorated bands ever. Besides, several other professional attempts also made a significant impact on their net worth.
BTS was established by Bang Si-hyuk in 2010. He is the CEO of Big Hit Entertainment, a South Korean music. In order to form a hip-hop group, Bang Si-hyuk hired RM (Kim Nam-joon), who is well-known as a local singer in Seoul.
Later, RM and Bang convinced many music trainees to join the group, but only J-Hope and Suga accepted. The group is named after the Korean phrase Bangtan Sonyeondan, which means “Bulletproof Boy Scouts.”
During this time, they started practicing 15 hours a day. In 2013, they first performed in a small crowd of industry insiders. BTS made their debut in 2013 by releasing their first single album, 2 Cool 4 Skool.
Sources Behind BTS Net Worth
BTS band made their studio album debut on August 19, 2014. They released the Korean language album Dark & Wild. This album became so popular. It ranked at number 2 on the South Korea (Gaon) chart. The album sold over 606,261 copies in South Korea. As a debut album, it was a great success. BTS got their wider fame from this album.
With this much fame, they released their second studio album, Wake Up, in Japanese language on December 24, 2014. This album ranked number three on the Oricon Albums Chart and made a total of 28,000 album sales in Japan.
In 2016, their 4th studio album, Wings, debuted on the US Billboard 200 chart. The album ranked at number 26 with 13,000 album sales in the United States.
BTS’s sixth studio album, Love Yourself: Tear, gained massive recognition in the United States. It ranked at the top of the US Billboard 200 chart. Their following album also ranked at number 1 on the same chart. Over 212,953 and 674,000 copies were sold, respectively, in the United States.
Their last album, Be, is also certified Platinum by RIAJ. BTS released a total of nine studio albums. Most of those albums sold millions of copies in Japan, South Korea, and The United States. They earned a vast profit from these album sales. This earning is the main source of BTS’s net worth.
BTS band made their film debut in Burn the Stage: The Movie (2018). This film became so popular by featuring the behind-the-scenes of BTS. It earned around $20.34 million at the box office.
Later, they appeared in Park Jun-soo’s documentary film Bring the Soul: The Movie (2019). This film became viral worldwide and earned approximately $24 million. This was the highest-earning project in which they were involved.
With this success, BTS also appeared in several hit films, such as Love Yourself in Seoul, Break the Silence: The Movie, and BTS: Yet to Come in Cinemas. Those films paid a high payment to the BTS band for their appairence. Earnings from these films increased their net worth widely.
Besides music and films, BTS also made their influential position in television. They premiered several popular television reality shows, such as BTS GO!, BTS In the Soop, BTS China Job, and others. They also get invitations from some television special shows to appear as a guest.
BTS also appeared in many online shows like BTS GAYO, BTS Bokbulbok, Learn Korean With BTS, and so on. Run BTS and BTS: Bon Voyage show have been premiering since 2015 and 2016, respectively. They also starred in Disney+’s Beyond the Star. BTS was paid for their every appearance on those shows.
BTS has its own YouTube channel named BANGTANTV. They upload video albums, music videos, concerts, and vlog-related videos there. As of this writing, their channel has a total of 76.7 million subscribers. Most of their videos have over 100 million. As per YouTube’s strategy, their videos generate a vast amount of views and impressions through ad sense. These earnings eventually increased their net worth.
As BTS got massive fame, they got invitations to several concerts worldwide. From October 17, 2014 – August 29, 2015, they made tours for Asia, Australia, North America, and South America. This was their first tour. More than 80,000 people were gathered on their live shows.
Afterward, they went on the Love Yourself World Tour from August 25, 2018 – to October 29, 2019, in Asia, Europe, North America, and South America. They completed 62 shows on this tour. Over 20 million people joined those shows. This tour earned more than $1.8 billion from 38 live shows.
BTS has completed a total of 5 tours and 16 concerts since 2014. They got paid a massive amount for performing on live shows.
Many giant brands made endorsement deals with the BTS. In 2018, they became a brand ambassador of PUMA. Later, in 2019, they signed a contract with Fila to endorse its sportswear. BTS became a global brand ambassador for LG Electronics’s smartphones Hyundai Motors’ SUV, the “Palisade.” Samsung Electronics’s Galaxy S20+ and Galaxy Buds+. Those brands paid them a lot to promote their bands.
BTS won a total of 518 awards and was nominated for 735 times. Some of their recent time-winning awards are as follows.
- Tour of the Year
- Favorite Duo or Group Pop/Rock
- Favorite Duo or Group Pop/Rock
- Best Group – Male (Domestic)
- Social Celebrity of the Year
Who is the richest in BTS 2023?
J-Hope is the richest in BTS in 2023 with a total of $24-26 million net worth.
What is Jimin’s net worth in 2023?
BTS Member Jimin’s net worth in 2023 Is estimated to be $20 million.
How much is BTS worth in total?
BTS’s net worth in 2023 is estimated to be $120-150 million.
Is BTS a millionaire or a billionaire?
BTS band is currently a millionaire by net worth.
BTS net worth is a numeric representation of their early success. They bring a unique style in performing to attract the people most. With this strategy, the band got a massive success as well as a massive wealth.