[K-Pop Story] How Much Do NewJeans and BTS Members Earn?

[K-Pop Story] How Much Do NewJeans and BTS Members Earn?

(This article is written in English for international fans.)

In the world of K-pop, NewJeans and BTS are iconic names that have captured the hearts of fans globally. Both groups are known for their unique music styles and impressive performances, but their financial success is also a topic of great interest. In this article, we’ll explore the earnings of NewJeans and BTS members, and the factors that contribute to their wealth.

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1. Revenue Structure of K-pop Idols

The earnings of K-pop idols come from various streams, including album sales, concert revenues, endorsements, and brand collaborations. Each group's financial structure can be broken down into several key components.

1.1. Album and Music Sales

Album sales are a primary source of revenue for K-pop idols. In Korea, fans often support their idols by purchasing albums, making sales figures directly linked to their financial success. NewJeans has rapidly increased their album sales since debuting, while BTS has achieved remarkable global sales.

1.2. Concerts and Fan Meetings

Concerts and fan meetings significantly contribute to an idol's revenue. BTS, in particular, has generated massive income through worldwide tours. NewJeans is also beginning to see positive earnings from their recent performances. Such events allow for direct interaction with fans, enhancing economic impact.

1.3. Advertising and Brand Collaborations

K-pop idols frequently collaborate with various brands to generate additional revenue. BTS has secured numerous global brand partnerships that significantly boost their annual income, and NewJeans is also collaborating with different brands, thanks to their appealing image.

Click on this image to see the couple images of BTS and NewJeans.

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2. Earnings of BTS

BTS is recognized as one of the highest-earning K-pop groups. Their income can be categorized into several components.

2.1. Annual Revenue

BTS’s annual revenue is estimated to be between $500 million and $600 million, encompassing album sales, concert earnings, and advertising revenues. Their world tours, especially from 2020 to 2022, have led to extraordinary financial success.

2.2. Individual Member Earnings

Each BTS member participates in solo projects outside the group, contributing to their income. Individual albums, solo activities, and appearances in dramas can yield hundreds of millions of won. For instance, RM and Jimin have achieved significant financial success through their solo album releases.

3. Earnings of NewJeans

Although NewJeans is a relatively new group, they are already generating substantial income. Here’s a breakdown of their revenue sources.

3.1. Album Sales

Since their debut, NewJeans has seen a rapid increase in album sales. Their first album achieved impressive sales figures, contributing significantly to the group's revenue.

3.2. Concert Revenues

NewJeans has recently begun to generate positive income from performances. The revenue from fan meetings and smaller concerts is crucial for their financial growth.

3.3. Advertising Collaborations

NewJeans has already established partnerships with several brands, leading to additional revenue streams. Their fresh and unique image is appealing to advertisers.

4. Comparing Earnings of the Two Groups

While BTS and NewJeans share similar revenue structures, their earnings levels differ significantly. BTS has already established a strong global presence, generating immense wealth, while NewJeans is in a phase of rapid growth.

4.1. Growth Potential

NewJeans has a high potential for future growth. With their current popularity and ongoing activities, they could reach a revenue level similar to BTS in the coming years.

5. Conclusion

Both NewJeans and BTS are achieving great success in the K-pop industry through their respective methods. BTS has solidified its position as a global powerhouse, while NewJeans is quickly rising in the ranks. Both groups are building a stable financial foundation through diverse revenue streams, and fans eagerly await their future endeavors. The success of these groups continues to capture the attention of K-pop enthusiasts around the world.