BTS’ Jimin Net Worth: 25-Year-Old Idol Now Worth $20 Million

BTS is one of the most popular boy groups in the world right now, and the members deserve all the recognitions and rewards that come with it. BTS’ Jimin is now $20 million richer, together with the other members.

Jimin’s fortunes reached a new high after the music label of BTS went public. Big Hit Entertainment was really a big hit as the price of its share reached $236, more than double the original public offering price, per Forbes. The total value of the company is now $8.38 billion. Naturally, as the main artists responsible for bringing the money to the company, the members of BTS have their own share of the pie. They are entitled to an equal stake in the company.

Park Jimin is one of the vocalists in the group. All of them are talented in different ways but each has his own role in BTS. J-Hope raps, sings, produces and writes songs. Others do a mix of both singing and rapping. The earnings of the group have been divided equally among seven members. According to Celebrity Net Worth, from June 2019 to June 2020, BTS earned around $50 million. As such, members like Jimin and J-Hope received around $7 million each.

BTS, or Bangtan Boys, debuted their first full English song, “Dynamite,” and it topped several song charts around the world. The success of the song and the group influenced the company’s success as well. The IPO made the founder of Big Hit Entertainment, Bang Si-hyuk, a billionaire and BTS members several millions richer. Before going public, the company was valued at $4 billion. It recorded an $86 million profit in 2019 and this year, Big Hit already made $249 million in just the first six months. The pandemic and cancellation of tours and events hardly made a dent in the success of the Bangtan Boys.

The 7-member group contributes to the economy of South Korea via merchandise sales and tourism. In 2018, BTS was responsible for bringing in $3.5 billion to their country’s economy. On the other hand, experts and some politicians are clamoring for the postponement of mandatory military services for the members of the boy group. South Korean men are mandated to serve in the military with the exception of those who bring glory to the nation.

When a member of a group enlists to the army, it is expected that the group will go into temporary hiatus, form sub-groups or some members could pursue personal projects. But there are cases when K-pop groups just decide to disband. Fans fear that if the members start enlisting, it can badly impact the local economy and also the band’s international following.