Psy is a South Korean singer, rapper, songwriter, actor and record producer. According to Celebrity Net Worth reports, he has a net worth of $60 million. He earns part of his fortune mainly from the entertainment industry, that is, from album sales, YouTube revenue, film roles and record productions. He also earns a lot of money through sponsorship deals, investments, and other business ventures.
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ToggleWho is Psy?
Park Jae-sang is a South Korean singer, rapper, songwriter and record producer born on December 31, 1977 in Seoul, South Korea. Her parents are Kim Young-hee and Park Won-Ho. His mother, Kim, owns and operates several restaurants in Gangnam, while his father, Park, is chairman of DI Corporation, a semiconductor manufacturing equipment manufacturer listed on the Korea Stock Exchange.
Park attended Banpo Elementary and Middle School (반포) and Sehwa High School (세화). He is considered a class clown and also doesn’t like school. One of his alumni spoke about him in an interview with South Korean broadcaster Seoul and said, “I remember Psi making a lot of sexual jokes during classes. He had such an influence that he got the whole class to join in his jokes. I didn’t like him at the time, but looking back, I see that he brought great energy to the class.
Psy began his career in the music industry in 2001 when he released his debut album “Psy from the Psycho World!” His musical style is a mix of hip-hop, electronica, and comedy. He released several albums in the 2000s and became a household name throughout Asia.
Psy continued to make a name for himself in the industry, but it was his 2012 hit “Gangnam Style” that brought him global recognition and success. The single topped the charts in over 30 countries, including the United States, and became the first video to reach a billion views on YouTube. He has since been touring and making headlines.
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 has complained of suffering from depression, which led him to take a break from music in 2016.
How Many Houses and Cars Does Psy Own?
Park owns a number of homes in South Korea and the United States of America. He bought a 2,700-square-foot apartment for $1.2 million in the 29-story Blair House near Beverly Hills in Los Angeles. The South Korean superstar owns a number of exotic cars, including the bulletproof Equus and a Rolls Royce.
How Much Does Psy Make Per Year?
According to CA, Park earns over $6 million per year from his entertainment business.
What Are Psy’s Investments?
Psy has made several strategic investments, including real estate and owning homes and land in the United States and his home country of South Korea.
How many endorsement deals does Psy have?
The singer-songwriter has reportedly signed deals with several brands, the most notable of which is Samsung. The deal is reportedly worth $8 million.
How many philanthropic works has Psy supported?
Psy has been involved with numerous charities and foundations throughout his years. He has already supported, among others, Rptary International and World Vision. On August 11, 2022, Psy donated ₩100 million through Hope Bridge Korea’s disaster relief program to help those affected by the 2022 floods in South Korea
How many companies does Psy own?
Psy is the founder and owner of P Nation, his own entertainment company. He has since signed rapper Jessi as well as Hyuna and Dawn, both formerly of Cube Entertainment. The label has signed ten artists as of November 2022, including six-member boy band TNX.
How many tours has Psy participated in?
We currently have no information on the exact number of tours he has participated in.