What is Psy's Net Worth: Biography,Net Worth & more

May 2024 · 4 minute read

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Psy is a South Korean singer, rapper, songwriter, actor and record producer. As per reports from Celebrity Net Worth, he has a net worth of US$60 million. He earns a chunk of his wealth primarily from the entertainment industry, that is through album sales, YouTube earnings, film roles and record productions. He also earns amounts of money from endorsement deals, investments and other business ventures.

Who is Psy?

Park Jae-sang is a South Korean singer, rapper, songwriter and record producer born on December 31, 1977 in Seoul, South Korea. His parents are Kim Young-hee and Park Won-Ho. His mother Kim owns and runs several restaurants in Gangnam while his father Park is the executive chairman of DI Corporation, a manufacturer of semiconductor manufacturing equipment listed on the Korea Exchange.

Park attended Banpo (반포) Elementary and Middle Schools and Sehwa (세화) High School. He is said to be the class clown and he did dislike school as well. One of his former during an interview with South Korea’s Seoul Broadcasting System talked about him and said “I remember Psy making a lot of sexual jokes during class. He had such a big influence that he would drive the entire class to his jokes. I disliked him at the time, but looking back, I see that he added a great energy to the class.”

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Psy started his career in the music industry in 2001 when he released his debut album “Psy from the Psycho World!” His style of music is a blend of hip-hop, electronica and comedy. Throughout the 2000s, he dropped several albums and became a well-known figure all across Asia.

Psy continued to make a mark in the industry but it was his 2012 hit song “Gangnam Style” that shot his to global acclaim and success. The single topped charts in over 30 countries including the United States and became the first video to hit a billion views on YouTube. He has touring and making headlines since then.

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Park is married to his college sweetheart, Yoo Hye-Yeon. The couple tied the knot in 2006 and have since been blessed with twin daughters. He complained about struggling with depression which led him to take a hiatus from music in 2016.

How many houses and cars does Psy have?

Park owns a number of houses in South Korea and the United States of America. He bought a US$1.2 million dollar 2,700 square-foot apartment in 29-storey Blair House near Beverly Hills, Los Angeles. The South Korean superstar owns a number of exotic cars including bulletproof Equus and a Rolls Royce.

How much does Psy make per year?

According to CA knowledge, Park makes about US$6 million dollars plus annually from his endeavors in the entertainment industry.

What investments does Psy have?

Psy has made several strategic investments including real estates, owning houses and properties in the United States and his home country South Korea.

How many Endorsement deals does Psy have?

According to reports, the singer-songwriter has inked deals with several brands with the most notable one being with Samsung. That deal has been said to be worth US$8 million.

How many Philanthropy works has Psy supported?

Psy has been involved with a number of charitable organizatons and foundations through his years. He has supported in the past Rptary International and World Vision among other such non-profit organizations. On August 11, 2022, Psy donated ₩100 million to help those affected by the 2022 South Korean floods through the Hope Bridge Korea Disaster Relief

How many businesses does Psy own?

Psy is the founder and owner P Nation, his own entertainment company. He has since signed rapper Jessi and Hyuna and Dawn both of whom were formerly with Cube Entertainment. As far back as November 2022, the record label has signed 10 artist which includes the six-member boy band, TNX.

How many Tours has Psy attended?

Presently, we do not have information on the exact number of tours he has attended.

Source: www.ghgossip.com

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