As you can see, this is insanely expensive, and only the most prominent companies can afford it.
So, where does this money come from, and how much is the whole Kpop industry worth in total? Well, we’ve found it out for you and have separated it into each company. The big three companies with BigHit and Cube Entertainment were added to the list.
Many people think the Kpop industry is just a small music genre.
However, this isn’t the case at all. If you look at BTS, their concert sales combined have made them around 500+ million just from doing concerts, so it’s not a small industry at all. Let’s get right to the companies and see how much their worth
How Much Is Big Hit Worth?
Big Hit Entertainment net worth is around $610 million USD
Big Hit Entertainment is an entertainment agency started in 2005 by Bang Si-hyuk. In the beginning, they did some auditions to find idols for their boy group. This is how BTS eventually was formed.
According to Fortune.com, Big Hit is worth around 4 billion. 90% of the revenue comes from BTS and the other 10 from new groups. As you can see, this isn’t small money, and people shouldn’t underestimate the Kpop industry.
Big Hit has slowly grown into one of the biggest Kpop companies to ever exist. Of course, they aren’t on the level like SM Entertainment yet, but they probably will if they keep the growth steady.
Throughout the years, Big Hit realized that they can’t solely rely on one group, which is BTS for them. It’s too risky to have all their eggs in one basket. That’s when they started looking for new talent and created TXT.
Eventually, they will create more Kpop groups and expand their empire to take over the world.
How Much Is YG Entertainment Worth?
YG Entertainment net worth is around $520 million USD
YG Entertainment is created by Yang Hyun-Suk in 1996 and has been one of the three biggest entertainment agencies in South Korea. In the beginning, they weren’t that big until Big Bang blew up and released hit after hit.
It was the first wave of Kpop, and almost everyone knows about them. Once they’ve completed their military service YG Entertainments stock will probably go back up again when they come back. For now, it’s mostly BLACKPINK that carries them.
YG Entertainment has many kpop idols that are extremely underrated and don’t have the attention yet. We hope that they will release many more groups like Tressure in the future, and we’ll keep streaming their music.
How Much Is JYP Entertainment Worth?
JYP Entertainment net worth is around $755 million USD
JYP Entertainment is one of the big three agencies and has been like that for many years. Year after year, they release new groups that dominate the market like ITZY and TWICE.
The company was created by Park Jin-Young in 1997, and he was an idol himself. He got very popular in the later years of his career, and still to this day, he releases great music. This is often a solo track or with an artist of his own agency.
In the past years of JYP Entertainment, they have had many big stars like GOD and Rain. However, a couple of years later, they left and did their own thing. This is, of course, understandable since you can’t rely on the company itself if you want to do other things.
How Much Is SM Entertainment Worth?
SM Entertainment net worth is around $950 million USD
SM Entertainment is South Korean music and entertainment agency. They are the biggest and have been the biggest for a long time. The company was created by Lee Soo Man in 1995 and has grown to the company to what it is today.
SM Entertainment has many great Kpop groups like Red Velvet, Shinee, and EXO. They have more groups, but the list is too long to list them all. All of their groups have been pretty much success since their debut.
However, it wasn’t like this in the beginning since everything takes time to build up. Many teenagers want to join SM Entertainment because they are the biggest agency and have the highest chance of succeeding, in my opinion.
If you’ve never heard about SM Entertainment, you’re probably living under a rock. The company is one of the biggest Kpop companies, if not the biggest. If you haven’t checked them out yet, make sure you do.
Are Kpop Idols Allowed To Date?
How Much Is Cube Entertainment Worth?
Cube Entertainment net worth is around $100 million USD
Cube Entertainment also keeps growing and is definitely one of the bigger companies in the Kpop industry. The CEO as of writing this article is Park Choong-Min. They also have another company in Japan called Cube Entertainment Japan.
The Kpop groups they have under their company are BtoB, Apink, and many more. The company has been growing and debuting more groups every year. Their groups do really well in the beginning and are often seen as monster rookies.
The company is created by Hong Seung-Sung and Monica Shin. Cube Entertainment is often underrated since many people have their eyes on the big three. This is normal, but they have many underrated songs that aren’t getting the popularity they deserve.
Now that you’ve come to the end of this article, you can probably tell which company has the biggest net worth. We’ve listed 5 companies, those are the 5 biggest as of writing this article. Of course, there are many more companies, but there are too many to list them all.
You probably know that all companies are doing great and are debuting new groups every couple of years. We should keep supporting them and stream their music as much as possible. It doesn’t matter which group you support as long as you don’t attack other groups.
Kpop idol groups have been getting a ton of hate for no reason, and we should try avoiding that. Idols are often seen as spoiled, especially when they have instant success. The fans don’t see the years of training the idols to go through and forget about the hardships.