South Korean rapper Park-Jae-sang who goes by the stage name PSY Net worth is approximately $60 million.
Rark Jae-ạang is a song producer and rapper, singer and songwriter of Korean nationality.
His stage performances and hilarious videos have earned him a place among the power players of the music industry.
‘Gangnam style‘and’Gentlemen‘ are his major hits that accelerated his career.
He gained international recognition after releasing his witty song “Gangnam style“In 2012
“Gangnam style” became a viral video craze, and the song topped the international music charts, peaking at number two on Billboard Hot 100.
His iconic song Gangnam style it climbed the music charts in more than 30 countries and became the first song to reach 1 billion views on YouTube.
Park-Jae-sang was born in the wealthy Gangnam district of Seoul.
His mother, Kim Young-hee, owns several restaurants in Gangnam, and his father, Park Won-Ho, is the executive chairman of DI Corporation.
RЅY founded his own music label, P Nation, which signed HyunA and E’Dawn, two K-pop sensations.
PSY Quick Facts
Before we look at PSY’s net worth, let’s take a look at our iconic Gangnam styler, PSY’s personal information.
| Full name | Park Jae-Sang |
| Popular as | PSY |
| date of birth | December 31, 1977 |
| Birth place | Gangnam District South Korea |
| Age | 46 years old |
| Nationality | South Korean |
| Nationality | Asian |
| Religion | vaguely |
| Sex | Male |
| Sexuality | Straight |
| Horoscope | Capricorn |
| Birthstone | Garnet |
| Father | Park Won-ho |
| Mother | Kim Young-hee |
| Marriage status | Married |
| Woman | Yoo Hye-Yeon |
| children | 2 (twins) |
| Weight | 82 kg |
| Height | 5 feet 6 inches |
| Hair color | Black |
| Eye color | Black |
| Education | Boston University |
| Profession | Singer, songwriter, producer, rapper |
| Prizes | American Music Awards, Asian Pop Music Awards, Capricho Awards, CICI Korea Awards, Style Icon Awards, World Music Awards and many others |
| Music label | Q The nation |
| Social media | Instagram, Youtube, |
| Netto value | 60 million dollars |
| Last update | February 2024 |
PSY net worth and income
As of February 2024, the net worth is $60 million.
PSY’s net worth has skyrocketed as a result of his hit single “Gangnam style”, which launched him on the international music scene.
‘Gangnam style ‘ did 870,000 dollars when it became the most popular and successful YouTube video all-time, at the time, with almost 900 million views in 2012.
Gangnam style is certified 5× Rlatínum ín UЅ, 2× Rlatínum UK, 10× Rlatínum Auѕtralía, among other countries.
Moreover, music Sonsert tours as well as YouTube earnings have also boosted RЅY’s fortune.
He was the first artist to have a song on YouTube that reached a billion views.
Psy earned more than 40 million US dollars 2012 from concert sales, TV commercials and social media revenue from his hit song Gangnam style.
Moreover, he earned $10 million only from YouTube.
PSY earned it 4 million dollars from iTunes downloads. That shows how popular he was.
Furthermore, his estimated personal income in 2012 was US$28 million, thanks to his 7:3 profit sharing agreement with YG Entertainment.
PSY net worth in different currencies
Let’s take a look at PSY’s net worth in different currencies, including the cryptocurrency BitCoin.
| Currency | Netto value |
| Euro | €50,971,300 |
| pound sterling | 43,620,200 pounds |
| Australian dollar | 81,370,500 Australian dollars |
| canadian dollar | 43,620,200 Canadian dollars |
| Indian Rupee | 4,457,240,000 INR |
| bitcoin | ฿ 1848.94 |
PSY House and cars
PSY House
Los Angeles
Korean pop star PSY bought an apartment in the exclusive Blair House on Wilshire Boulevard in Los Angeles.
He paid 1.249 million dollars cold hard cash.
It’s an apartment 2,776 square feet and is located on one of the lower floors of Blair, a state-of-the-art building built in 1989.
In addition, several rooms have floor-to-ceiling windows and modern furniture.
The luxury building also has some decent amenities, like a pool and concierge service.
Gangnam Seoul
“Gangnam style ”, pointed out Gangnam, the richest district of Seoul.
PSY is from Gangnam and has a house there.
Owning a house 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 price $716.00 within the district.
PSY car collections
PSY, the South Korean singer, has several of the most luxurious cars in the world.
His cars are worth at least $1.2 million.
Let’s get into the details of his lavish car collections.
Hyundai Equus
Cult singer PSY is the proud owner of a Hyundai Equus.
Hyundai Equus is the largest and most expensive model in the Hyundai line, introduced in 1999.
Hyundai Motor Company modified Psy’s car into a bulletproof Equus for his trip to Brazil.
Equus cost him in total 90 thousand dollars.
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 famous sports designed by McLaren.
He bought this for an incredible price 180,641 dollars.
Interestingly, 12C was the first vehicle to feature McLaren’s revolutionary carbon ‘MonoCell’ chassis.
This carbon tub, which was stiff yet light, gave the 12C exceptional stiffness without compromising the car’s weight and performance.
Mercedes S class
The Mercedes-Benz sedan S class is among the popular cars from the PSY unique collection.
In addition, it boasts extraordinary levels of luxury and cutting-edge technology.
PSY paid 380,000 dollars for this outstanding model due to its modernizations and improvements.
Rolls Royce Phantom
Phantom is considered a symbol of luxury and fame.
This luxury car is handcrafted in England.
The singer is also the proud owner of a Rolls Royce red Phantom that cost him 450 thousand dollars.
PSY Lifestyle and Vacation
PSY was born and raised in a wealthy environment.
His father is the CEO of DI Corporation, while his mother is one of South Korea’s most successful business women.
He describes his life after Gangnam style both as a dream and as a nightmareknowing that it would not surpass the success of his next song.
Witty Gangnam style the singer enjoys a privileged lifestyle while sitting on a the million dollar throne.
After three and a half years of dating, PSY married his wife, Yoo Hye-Yeon, in 2006.
The couple had a perfect wedding day. The wedding ceremony costs approx 100 thousand dollars.
The couple is now comfortable co-parenting their two daughters.
PSY was able to bring K-pop to North America in a way that no one had done before.
His hit song “Gangnam style” is a neologism from South Korea.
Refers to a certain way of life associated with Gangnam district in Seoul.
mercy
Psy performs ‘Gangnam style‘ at a benefit concert in Washington, DC
Former President Barack Obama was also in attendance at the event, which aired on TNT on December 21.
He also actively supports Rotary International and World Vision.
PSY investments and grants
investments
The cult singer wisely allocated his wealth to further personal and professional development.
P Construction of the national mark
Psy’s own music label, Q The nationsigned the K-pop sensation, HyunA and E’Dawnthe latest.
Although PSY continues to compose his own songs, he has found great success producing for others on his own label.
P Nation is both a record label and an entertainment agency.
It was founded on January 24, 2019 with an investment of 6.8 million dollars.
PSY left YG Entertainment start your own company.
Support from PSY
Samsung
PSY has signed contracts with many big brands, Samsung being one of them.
He receives 8 million dollars from the contract with Samsung.
He is one of the global ambassadors of the popular mobile company.
Wonderful Pistachios
PSY’s contract with Wonderful Pistachios and Almonds has undoubtedly netted him a considerable sum of money.
Other major deals of PSYS include Sonic Drive-in, Chamisul, Shin Ramin and Haute Coutur.
All of this contributed to his already substantial 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 because of 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 declared “An 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.
Since then, he has grown into a global sensation who continues to release bizarre music videos like no other.
In his sensational, he won several accolades and awards.
Includes YouTube Music Awards Video of the Year, Billboard Music Award for Best New Artist, Billboard Music Award for Best Rap Artist, and World Music Award for Best World Video.
He also won the Billboard Music Award for Best Song Artist, the YouTube Music Award for YouTube Phenomenon, the World Music Award for World Entertainer of the Year, and the Kids’ Choice Award for Favorite Song.
3 facts about PSY
- His stage name PSY is an abbreviated form of the word “psycho”.
- Freddie Mercury from QUEEN was a huge musical influence on PSY, similarly, he always wanted to meet Tom Cruise.
- It took a long time for him to master his PSY horse dance; after experimenting with the dances of kangaroos, elephants and monkeys, among many others.
FAQ
Is P nation controlled by YG?
On May 14, 2018, PSY announced that he would be leaving his agency YG Entertainment to start his own.
So P Nation is PSY’s label that he founded and is not controlled by YG.
What is the meaning of PSY?
Well, you might be shocked to know that the singer took his stage name from his single “PSYCHO”.
So PSY is just the initial letter of the word PSYCHO.
What is the name of PSY’s favorite band?
It definitely is QUEEN.
PSY’s passion for music was sparked by Queen’s legendary song “Czech rhapsody.
He reportedly watched the band perform the song on TV during one of their live concerts.