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Big Bang’s Taeyang and Min Hyo-rin bought a swanky home for US$13.2 million in Seoul – but how else does the K-pop star spend his cash?

How did Big Bang’s Taeyang make his millions? His music career – and investments. Photo: Handout
How did Big Bang’s Taeyang make his millions? His music career – and investments. Photo: Handout
K-pop idols

Bandmate G-Dragon might have him beat in terms of royalty earnings, but Taeyang is still no slouch – and he spends his wealth on Richard Mille watches, Lexus cars and gifts from Fendi

When you’re a K-pop or K-drama idol, owning swanky real estate is a given – and that goes double when you’re a power couple like BigBang’s Taeyang and his wife, actress Min Hyo-rin.

After tying the knot in 2018, the pair bought a luxurious new home earlier this year. Reports emerged in October that the unit is located in the affluent Janghak Paarc Hannam in Hannam-dong, Seoul, and cost around US$13.2 million. The couple is said to have bought one of the upper floors in the building, which reveals majestic views overlooking the Han River. The joint purchase was made with 94 per cent of shares under Taeyang and 6 per cent under Min – an agreement they reportedly made a month after their wedding.

But how else has Taeyang enjoyed his reported US$25 million net worth over the years, and how did he make all that money in the first place?

Real estate

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This new home isn’t Taeyang’s first property venture, by the way. In 2017, the singer reportedly earned a whopping US$47.6 million solely from real estate investments.

 

His secret? A wealth management professional who helps him with investments while he focuses on his music career.

Royalties and agency shares

Taeyang on the cover of Esquire Korea’s February 2020 issue. Photo: @_youngbae_/Instagram
Taeyang on the cover of Esquire Korea’s February 2020 issue. Photo: @_youngbae_/Instagram

Taeyang is said to be a shareholder of YG Entertainment, having invested about US$600,000. He also earns royalties from over 30 song credits.

Patti Sunio
Patti Sunio is a lifestyle, culture, and fashion & beauty journalist based in Manila. She writes for Cosmopolitan and Town & Country Philippines, and on her own website, titapacita.com. She loves the beach and can’t handle the cold weather.