As one of the most talked-about figures, RM has built a significant fortune. In this article, we dive deep into the assets and career highlights.
What Is RM's Net Worth?
RM is a South Korean rapper, songwriter, and record and music video producer who has a net worth of $50 million. RM is best known for being the leader of the popular South Korean boy band BTS, also known as the Bangtan Boys, and he is a rapper in the group. BTS has released the Korean-language albums "Dark & Wild" (2014), "Wings" (2016), "Love Yourself: Tear" (2018), "Map of the Soul: 7" (2020), and "Be" (2020) and the Japanese-language albums "Wake Up" (2014), "Youth" (2016), "Face Yourself"(2018), and "Map of the Soul: 7 – The Journey" (2020). The group is known for singles such as "No More Dream," "Boy in Luv," "Danger," "I Need U," "For You," "Run," "Spring Day," "DNA," "Fake Love," "Idol," and "Dynamite."
RM has released the solo album "Indigo" (2022) and the mixtapes "RM" (2015) and "Mono" (2018), and "Indigo" was certified 2× Platinum in South Korea and reached #1 on the "Billboard" World Albums chart, #2 on the South Korean Albums chart, and #3 on the "Billboard" 200 chart. Outside of BTS, he has released the singles "Perfect Christmas" (with Jo Kwon, Lim Jeong-hee, Joohee and Jungkook), "P.D.D" (withWarren G), "Fantastic" (featuring Mandy Ventrice), "Change" (with Wale), "Forever Rain," "Bicycle," and "Wild Flower" (with Youjeen), and four of those singles reached the top 10 on the "Billboard" World Digital Song Sales chart. RM has produced the music videos "BTS: Epilogue: Young Forever" (2016), "RM & Jungkook: I Know" (2016), "BTS: Sea" (2017), and "Jin: Abyss" (2020). In 2018, the members of BTS were honored with the South Korean Order of Cultural Merit, and in 2019, "Time" magazine included the group on its list of the world's 100 most influential people.
Earnings
In 2019the group generated $170 million touring. The only group to earn more was Metallica. Thanks largely to these touring revenues, between June 2019 and June 2020, the BTS members earned a combined $50 million, roughly $7 million per member.
Big Hit IPO
On September 28, 2020, BTS' management company Big Hit Entertainment went public a South Korean stock exchange. The company ended its first day of trading with a market cap of $4.1 billion. It was the third-largest South Korean stock market debut in three years. As owner of 43% of the company, Big Hit founderBang Si-Hyukended the IPO day with a net worth of $1.4 million. A month before the public offering Bang gave each member of the group 68,385 shares in the company ahead of its IPO. At the end of the company's first day of trading each of the seven membersfound themselves sitting on stakes worth$7.9 million. By the middle of 2023 those shares, assuming they still held their full stakes, were worth $15 million and Bang Si-Hyuk was worth $2.8 billion.
Early Life
In summary, the total wealth of RM reflects strategic moves.
Disclaimer: All net worth figures are estimates based on public data.
