Holy ****. Talk about wealth disparity
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classic capitalism, nothin to see here
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Lmao
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some contracts distribute earnings more evenly among members. Things like acting may be an exception
I also notice the rap line is near the top, so writing/producing credits could be extra for them
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How can JK and V so low ?
it's probably due to writing credits.
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Why is anyone surprised 🤡🤡 this is how all kpop agencies work how else do you think they afford these massive buldings with all the luxuries and amenities plus dance studios recording studio film stages and prop sets and the hundreds of staff including babysitters= managers who are mom dad doctor life mentor and coach to all these idols, not including the idols apartments and the countless cars they ride around in and the wardrobes of clothing and fashion. While getting them TV show gigs dramas movie and music deals? That shit doesn't grow on trees. So obviously when the idol works the agency takes somewhere around 40% of their pay as fees for everything. The only thing the company don't get money from is the idols royalties be it music or image
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guys guys they have shares in hybe right?
Yes they do but that all depends if they want to sell
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Oh shit. That's not lookjng good.
But on another note. Wasn't Bts already almost fully in military? Could that make their net worth for 2023 smaller? It would be logical.
Going to the Army doesn't make net worth disappear. It would stay parked in their bank account, properties and investments as any other time. It's just the difference between a CEO/founder/owner billionaire and employee, which is what BTS is to HYBE
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I mean hes like the biggest share holder? makes sense to me.
If BTS members sold shares would probs be a lot also.
BTS would have to spend billions of dollars (not even won) to get as many shares as BSH. Even if they toured for 50 years they could never do it.
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BTS's Combined Net Worth Before HYBE's IPO, BTS's combined net worth was estimated at $120-150 million (approx Rs 1248 crore). Currently, their combined net worth is estimated at $3.6 billion (approx Rs 29,963 crore) for 2022-2023, according to Times Now.Jun 9, 2024
Anyone can throw out figures but what criteria are they using, Album Sales +The last Tour? Sponsorship +Merchandise Sales + Ad revenue + paid content+ membership fee?
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BTS's Combined Net Worth Before HYBE's IPO, BTS's combined net worth was estimated at $120-150 million (approx Rs 1248 crore). Currently, their combined net worth is estimated at $3.6 billion (approx Rs 29,963 crore) for 2022-2023, according to Times Now.Jun 9, 2024
Anyone can throw out figures but what criteria are they using, Album Sales +The last Tour? Sponsorship +Merchandise Sales + Ad revenue + paid content+ membership fee?
The stocks they own are less than 250m combined
How can their combined net worth be 3.6 bil? It seems quite exaggerated
If that is true MHJ would have raised the issue since she would know about this better than any outsiders but she did not point that out
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They will have to form their own outfits so they can claim the revenues themselves
Which is why the example of IU, who used to own her company, is so powerful for them
Even though IU/s revenue is much less than 1/10 of what BTS made everything went to Bang and none of BtS members are wealthier than IU who claims all of the revenues herself.
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Why is anyone surprised 🤡🤡 this is how all kpop agencies work how else do you think they afford these massive buldings with all the luxuries and amenities plus dance studios recording studio film stages and prop sets and the hundreds of staff including babysitters= managers who are mom dad doctor life mentor and coach to all these idols, not including the idols apartments and the countless cars they ride around in and the wardrobes of clothing and fashion. While getting them TV show gigs dramas movie and music deals? That shit doesn't grow on trees. So obviously when the idol works the agency takes somewhere around 40% of their pay as fees for everything. The only thing the company don't get money from is the idols royalties be it music or image
I will add that every idol's initial first contract is (heavily) slanted towards the company since they bear the risk of the group
for every BTS who are now multimillionaires there is hundreds and thousands of failed/nugu groups
the only time one might get a better contract is through bringing more money in for the company - I've always said kpop idols are the ultimate commission based gig - you only get so much of what you bring in.
If you bring a lot of money in you have the power to negotiate a better deal - if you do not you get disbanded lol
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BTS's Combined Net Worth Before HYBE's IPO, BTS's combined net worth was estimated at $120-150 million (approx Rs 1248 crore). Currently, their combined net worth is estimated at $3.6 billion (approx Rs 29,963 crore) for 2022-2023, according to Times Now.Jun 9, 2024
Anyone can throw out figures but what criteria are they using, Album Sales +The last Tour? Sponsorship +Merchandise Sales + Ad revenue + paid content+ membership fee?
BTS net worth isn't really known but their real estate records are.
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It's still bugging and confused me that group literally giving 75% of profits to cpy not even has enough shares, and most money went to executives ??! Idols are bond by
Exclusive contract, they are supposed to be seen as partner rather than worker if anything. They are equally working as hard if not harder than CEOs or HR, CHBO.
Hybe did they dirty and can't even give them penthouse to shut haters complaining about NJ luxury dorm.
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She is smart girl. Always knew it.
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BTS might be wondering what all shit BSH had pulled to get them 100% of their wealth.
It would be naive to assume that Bighit/HYBE started corporate shenanigans only recently, and only to the currently active groups.
Who knows what BIGHIT did during the years of rivalry with EXO and others?
BTS maybe more worried about their reputation than wealth.
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She is smart girl. Always knew it.
she arranged such deal when she re-signed with Loen on 2015 when she was 22.
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BTS might be wondering what all shit BSH had pulled to get them 100% of their wealth.
It would be naive to assume that Bighit/HYBE started corporate shenanigans only recently, and only to the currently active groups.
Who knows what BIGHIT did during the years of rivalry with EXO and others?
BTS maybe more worried about their reputation than wealth.
I can't forget how Hybe , or BigHit at that time, cheated BTS to reach the top selling album position by deciding to debut txt, a group which has gone nowhere and a big drain.
It seems Hybe has RM in its back , fully, while Taehyung is not happy with the entire arrangement . Those who went to watch Lee Jieun's concert are in danger in my opinion.
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I hope their net worth are higher than that or man they got mega scammed.
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I mean the websites that are listing their net worth as 12 million USD doesn't make sense when they're buying properties up to 9 million USD.
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