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BTS singer, Jungkook, is one of the top K-pop singers worldwide. His wealth has increased rapidly through his music career, endorsement deals, and investments. According to The Siaset Dailye, he had an estimated net worth of approximately $35 million in 2024. He recently fell victim to identity theft while serving his military time.
The BTS singer's income is derived from multiple sources, such as BTS activities, solo music releases, and endorsement deals. He also owns stocks, including those of his agency, HYBE. His wealth has earned him one of the top spots among K-pop idols.
However, there was a significant financial problem when someone illegally moved 8.44 billion KRW (approximately $5.7 million) in value of his HYBE shares, according to AllKPOP. It occurred after his enlistment in December 2023. BigHit Music has released an update about the issue.
How much is Jungkook’s net worth in 2024?
As mentioned above, Jungkook is estimated to have a net worth of $35 million in 2024. The majority of his wealth is from his professional work with BTS and as a solo artist. His solo album, GOLDEN, and songs such as Seven have contributed to his fortune.
Besides music, he earns through endorsements. He has collaborated with brands such as Calvin Klein. His stakes in HYBE and other investments are also part of his wealth.
His economic development is associated with the global success of BTS. The concerts, album sales, and merchandising earn significant revenue. His side ventures have enabled him to achieve his independent financial status.
What happened to Jungkook’s HYBE stocks?
At the beginning of 2024, news came that Jungkook's HYBE shares were stolen. As reported by AllKPOP, stated that a person whose identity was not known hacked into his accounts and disposed of 8.44 billion KRW worth of shares. The robbery occurred while he was on active duty.
The perpetrator created fraudulent accounts in his name to effect the transfers. The theft was discovered when unusual stock movements were reported. The hacker's identity remains unknown.
BigHit Music responded quickly. The company froze its accounts and is collaborating with the authorities. HYBE has also taken steps to recover the stolen stocks.
How is BigHit Music handling the situation?
BigHit Music has promised its fans that it is doing its best to secure Jungkook's finances. The company also explained that it acted swiftly to prevent additional losses. The agency is working together with the police and the investigations remain ongoing.
The authorities are attempting to determine how the fraud occurred and who was behind it. BigHit Music has also implemented internal steps to boost security.
The BTS member has not personally made any statement yet.
Jungkook's wealth keeps accumulating as a result of his business and music success. Nevertheless, his financial safety was breached after his HYBE shares were swindled. BigHit Music has acted swiftly to contain the situation.
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