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BTS member Jin’s VVIP Hyundai Black credit card – used to splurge on band dinners, Givenchy clothes and exotic pets

South Korean K-pop boy band BTS member Jin is a millionaire – but how does he spend his money? Photo: handout
South Korean K-pop boy band BTS member Jin is a millionaire – but how does he spend his money? Photo: handout

Big Hit Entertainment’s October IPO made BTS even richer, and the K-pop boy band’s eldest member – who turns 28 on December 4 – spends his US$20 million fortune on his sugar glider pets Eomuk, Odeng and Gukmul, owns a Japanese restaurant and even bought a US$3.7 million apartment for his parents

With the phenomenal international success they’ve achieved, BTS is surely one of the richest outfits to emerge from the global K-pop boom. And since being gifted shares in their parent company Big Hit Entertainment – which raised US$822 million in an IPO in October 2020, valuing the whole company at US$4.1 billion – the seven talented boys are now richer than ever.

The boy band’s border-breaking success – BTS are the first Asian act to amass 5 billion streams on Spotify – has brought huge financial gains, and not just for them. In 2019, the group reportedly brought in US$4.65 billion to the South Korean economy through physical album sales, concert tickets and merchandise. According to Celebrity Net Worth, BTS also earned US$170 million from touring and promoting their music.

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South Korean K-pop boy band BTS member Jin during a press conference in Seoul on November 20, 2020. Photo: AFP
South Korean K-pop boy band BTS member Jin during a press conference in Seoul on November 20, 2020. Photo: AFP

The band’s oldest member Jin turns just 28 years old on December 4. As he celebrates his birthday, we look at how the star born Kim Seok-jin spends the US$20 million he has earned from his hard work and talent.

He splashes millions on property

 

Although the band’s members still live together, they have also bought their own individual flats. In 2018, Jin bought a residential property at The Hill in the Hannam district of Seoul, for a cool US$1.78 million. He sold and bought a larger apartment in the same location the following year.