As one of the most talked-about figures, RM has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.
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."
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.
(Photo by Kevin Mazur/Getty Images for The Recording Academy)
BTS formed in 2013 and features RM,V,Suga,Jimin,Jin,Jungkook, andJ-Hope. In 2014, the band released the Korean-language album "Dark & Wild" and the Japanese-language album "Wake Up," with "Dark & Wild" reaching #2 on South Korea's Circle Album Chart and "Wake Up" reaching #3 on Japan's Oricon Albums Chart. From these two albums, the singles "No More Dream," "Boy in Luv," and "Danger" were top 10 hits in Japan. In 2016, BTS released the Korean-language album "Wings" and the Japanese-language album "Youth," which reached #1 in South Korea and Japan, respectively. In 2018, the group released the Korean-language album "Love Yourself: Tear" and the Japanese-language album "Face Yourself." "Love Yourself: Tear" reached the top 10 on the charts in more than 15 countries and was certified 3× Million in South Korea. "Face Yourself" reached #1 on the Japanese Albums chart, Japan Hot Albums chart, and "Billboard" World Albums chart, and it went 2× Platinum in Japan. "Fake Love" from "Love Yourself: Tear" reached #1 in several countries.
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.
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.
RM was born Kim Nam-joon on September 12, 1994, in Dongjak District, Seoul, South Korea. When RM was a child, his family moved to Ilsan District, Goyang. He has a younger sister, and he learned English by watching the popular American sitcom "Friends." During his youth, he wrote poetry, often winning awards for his writing. At the age of 12, RM spent four months studying in New Zealand. When he was in the fifth grade, he heard the Epik High song "Fly" for the first time and became interested in hip-hop. After a teacher introduced him to the music ofEminem, RM began writing songs, and in 2007, he started rapping in amateur hip-hop circles. He made his first self-composed recording with Cool Edit (which was later renamed Adobe Audition), and in 2008, he took part in his first concert. RM got involved in the local underground hip-hop scene using the stage name Runch Randa and released several tracks and collaborations with fellow underground rappers. As a student, RM discovered that he had an IQ of 148, and he scored in the top 1% of South Korea in university entrance exams for foreign language, math, and social studies. RM earned a Broadcasting and Entertainment degree from Global Cyber University in 2019, then he began working toward a Master of Business Administration in Advertising and Media at Hanyang Cyber University.
In summary, the total wealth of RM reflects strategic moves.
Disclaimer: All net worth figures are estimates based on public data.
