During the past few years, BTS has been making a lot of profits.
It seems that the representatives of BTS are getting richer and richer every day, from sold out concert halls to lucrative sponsorship deals.
BTS has found ways to spend their hard-earned money, like most wealthy people in the world. While most members purchased luxury apartments in South Korea, one individual opted instead for a “supposedly rat-infested” building.
Many members of BTS purchased luxurious apartments
The seven members lived together in a one-bedroom flat in Seoul, South Korea, when BTS began in 2013.
BTS eventually began to purchase larger apartments as they became more popular.
The apartment in Hannam THE HILL, an expensive and exclusive neighborhood in Seoul, is their new purchase together.
The members still share an apartment, but there is now more space for each of them than before.
The members invested their own cash on individual apartments as well. In Hannam THE HILL, Jin and RM both purchased apartments, while the other members preferred apartments in other luxury complexes around Seoul.
Jimin invested money on the renovation plan for a run-down house.
BTS: 1 member is so wealthy that in less than a year he can afford to lose 33 pairs of AirPods.
However, Jimin opted for a rundown building instead of purchasing a fancy apartment in Seoul like everybody else.
The building Jimin purchased for $3.9 million is near the popular Han River, according to the South China Morning Post, though it is old and “reportedly rat-infested.”
It seems, however, that when he purchased it, Jimin was thinking long-term.
The outlet said there are proposals for the building to be restored. It is also located in an area with potential for growth, so Jimin could in the future benefit a lot from its investment.
What is the net worth of BTS and what else are the members spending money on?
Why did BTS once equate its dormitory with the “agora in ancient Greece”
Millions of dollars is invested on real estate by BTS, so some people question how much money the members have.
Jimin and the rest of the members are worth about $20 million each, according to Celebrity Net Worth.
Much of BTS’s revenue, as stated earlier, comes from the selling of concert tickets and advertising contracts with famous brands. Nevertheless, the net worth of the members also grew in 2020 after their company, Big Hit Entertainment, went public.
BTS issued shares that raised the individual net worth of each member by over $7 million.
Aside from spending real estate money,
Other ways to use their wealth are also being identified by BTS.
The members are considered to be generous, for instance, so they also donate money to charity.
In South Korea, they have contributed a lot of money to support schools and hospitals. The organization also raised money in 2017 to support those impacted by the Sewol Ferry tragedy. When they contributed $1 million to the Black Lives Matter campaign in 2020, BTS also made a statement about racism and violence.