PSY is a South-Korean hip-hop artist. He received fame around the world from his humorous musical video of the pop-song “Gangnam Style.” It became the first video on YouTube to cross the threshold of 1 Billion views. He was born into rich family and spent his life in Seoul’s wealthy and affluent Gangnam area, also spelled as Kangnam. He developed an interest in Music from teenage. Born into a wealthy family, he followed his father’s footsteps and went to the United States to study English before he began his Business Studies at Boston University. PSY didn’t complete his graduation and came back to South Korea. He pursued his career in Music and adopted the stage name PSY. In this article, we will get to know about PSY’s Net Worth.
|Profession:||Singer, Rapper, Songwriter, and Record Producer|
From 2003 to 2005, he performed mandatory national and military service. After releasing from the service, he released the album Cheap House in 2006. The fans and critics critically acclaimed the album. He rose to fame from frequent appearances on television game and talk shows. His career was interrupted as the officials found that he didn’t perform his duties with full dedication and appeared in television shows. He had to serve another term from 2007 to 2009. In 2010, he signed a contract with YG Entertainment and released the album PSY Five.
He released PSY 6 Part I in July 2012, and it incorporated his popular song “Gangnam Style.” PSY’s Gangnam Style became viral among music lovers and popular all around the world. It was the first song to cross the threshold of 1 Billion views on YouTube. It was truly a viral video sensation and topped international music charts. He left YG Entertainment back in 2018 and received the prestigious Okgwan Order of Cultural Merit in 2012.
In 2012, PSY delivered a speech in England at the Oxford Union and said that life after Gangnam Style had been a dream and nightmare for him. He said that I knew that the next song wouldn’t be able to cross the popularity of the previous one. He is also the second Korean artist to appear on MTV Europe Music Awards. There is a varying degree of success for his later albums, and in 2019 he launched his own company, P Nation.
At the time, when his song Gangnam Style was exploding the music charts and YouTube, not only PSY’s net worth, but his family’s net worth was also increasing. Amazingly, his father’s publicly-traded company has hit the roof for some reason. The family earned $30 million, and that was due to the success of the song. People were more interested in buying semiconductor testing devices from the company owned by PSY’s father.
I’m just known as some funny song and some funny music to the U.S. and the world, some funny video guy. But in Korea I’m doing one of the biggest concerts; it’s not a dance music concert. I’m playing with the band, so I change my every song to a rock song. – PSY
My lifetime role model and hero is Freddie Mercury of Queen. I cannot even approach his songwriting skills, but his showmanship, I learned it from videos. – PSY
I’m not that good looking. That’s why ‘Gangnam Style’ works. If someone handsome uses that phrase it’s just awkward. But if someone like me uses it, it’s funny. – PSY
The unbelievable and incredible success of PSY’s song Gangnam Style has earned the singer millions of dollars. He has earned $4 Million from 4 million iTunes downloads. He has also earned $8 million from endorsement deals with brands like Samsung. PSY has crafted his career by true dedication towards Music. He is among the few South Korean artists who have earned huge fame around the world. After paying all the taxes, manager fees, etc., PSY’s net worth in 2021 is estimated to be around $60 Million.
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