Psy Net Worth

What is Psy’s net worth

Net Worth:
$60 Million
Birth: December 31, 1977
Age: 46
Height: 5 ft 6 in (1.7 m)
Source of Wealth: Singer-songwriter
Nationality: South Korea
Instagram: @42psy42
Last updated: 2023


With over 3.8 billion views on YouTube and countless parodies and remakes, Psy’s Gangnam Style has become a cultural phenomenon. But what is the net worth of the star behind the catchy tune and horse-riding dance? In this article, we’ll take a closer look at Psy’s career, personal life and spending habits to estimate his overall fortune. From his early struggles in the Korean music industry to his global success, we’ll cover all the aspects of this unique artist’s life.

Early Life and Music Career

PSY at the KIIS FM`s Jingle Ball 2012 held at the Nokia Theatre LA Live in Los Angeles on December 1, 2012
PSY at the KIIS FM`s Jingle Ball 2012 held at the Nokia Theatre LA Live in Los Angeles on December 1, 2012 – Photo 254788008 © Starstock |

Born as Park Jae-sang in 1977, Psy’s early life was shaped by his upbringing in the affluent Gangnam district of Seoul. Despite his family’s wealth, his passion for music led him to pursue a career in the industry. Forming a hip-hop group in his teenage years, he honed his skills and performed at local clubs, driven by his dedication to the craft.

Psy faced initial challenges in a music landscape dominated by ballads and pop idols, struggling to establish his name. It was in 2001 that he released his first album, “Psy from the Psycho World!”, featuring the track “Bird”. However, the album failed to gain significant traction, and subsequent releases met with limited success.

A pivotal moment arrived in 2006 when Psy changed labels and released the album “Sa 2”, highlighted by the popular song “Champion”. Yet, it wasn’t until 2010 that he achieved a breakthrough with the album “Psy Five”. The lead single, “Right Now”, became an unexpected viral sensation, propelling Psy into the spotlight and expanding his audience exponentially. This marked a turning point in his career, setting the stage for his meteoric rise to international fame.

Global Success and Net Worth

However, it was not until 2012 that Psy’s career skyrocketed with the release of “Gangnam Style”. The song, featuring a catchy chorus and a wacky dance routine, became an instant sensation in Asia, Europe and then the US. The video, directed by Cho Soo-hyun, was praised for its humor and satire of Korean pop culture, and it quickly surpassed Justin Bieber’s “Baby” as the most viewed video on YouTube.

The success of “Gangnam Style” was not limited to YouTube views, though. Psy was invited to perform the song on numerous TV shows and events, including the Ellen DeGeneres Show, the Today Show and the MTV Video Music Awards. He also became a global ambassador for brands such as Samsung and Wonderful Pistachios, earning millions of dollars in endorsement deals.

So, what is Psy’s net worth, exactly? According to Celebrity Net Worth, Psy’s total fortune is estimated at $60 Million. Of course, this is just an estimate, and the actual amount may vary depending on various factors, such as taxes and expenses. However, it is clear that Psy’s global success and smart business choices have made him one of the wealthiest Korean celebrities ever.

Real Estate

Psy at the 40th Anniversary American Music Awards at the Nokia Theatre LA Live. November 18, 2012 Los Angeles
Psy at the 40th Anniversary American Music Awards at the Nokia Theatre LA Live. November 18, 2012 Los Angeles – Photo 30288965 © Featureflash |

Psy, the South Korean singer and entertainer, has made significant investments in real estate over the years. He owns multiple properties in prestigious locations, including Seoul, South Korea, and California, United States. However, specific details regarding his real estate holdings, such as the number of properties or their exact locations, are not readily available in public sources. Psy’s real estate portfolio showcases his financial success and affirms his interest in acquiring properties in sought-after areas.

Personal Life and Spending Habits

Psy maintains a private personal life, despite his flamboyant music videos and stage presence. In 2006, he tied the knot with his longtime girlfriend, Yoo Hye-yeon, and they have since welcomed two children. However, Psy tends to keep his family life out of the public eye, choosing to prioritize his music and career during interviews and public appearances.

When it comes to his spending habits, Psy exhibits a mix of enjoying the finer things in life while also making wise investments. He reportedly owns multiple properties in Seoul and California, showcasing his affinity for real estate. Additionally, he possesses a private jet and indulges in luxury cars, displaying his appreciation for high-end vehicles.

Beyond personal indulgences, Psy has demonstrated his philanthropic side. In 2013, following the tragic Sewol ferry disaster in Korea, he donated over $200,000 to charity, showcasing his commitment to supporting causes and giving back to society. Psy’s approach to personal life and spending reflects a balance between enjoying the fruits of his success and using his resources to make a positive impact in the world.


In conclusion, Psy’s net worth is a testament to his talent and persistence in the music industry. From his humble beginnings in Gangnam to his global stardom, he has proven that a catchy tune and a quirky dance can change one’s life forever. Whether he will release another hit on par with “Gangnam Style” remains to be seen, but one thing is certain: Psy’s fortune and fame are here to stay.

Frequently asked question about Psy’s net worth

Q: How much money did Psy make from “Gangnam Style”?

A: It’s hard to estimate the exact amount, but it’s believed that Psy earned millions of dollars from YouTube views, live performances, and endorsement deals related to the song.

Q: Is Psy still active in the music industry?

A: Yes, Psy continues to release albums and perform live. However, none of his recent songs has achieved the same level of success as “Gangnam Style”.

Q: What other businesses or investments does Psy have besides music?

A: Psy has invested in several properties, including a shopping mall in Seoul, and owns a private jet and luxury cars. He also reportedly invests in stocks and real estate.

Q: How does Psy compare to other Korean celebrities in terms of net worth?

A: Psy is among the wealthiest Korean celebrities, alongside actors Lee Byung-hun and Bae Yong-joon and singer Rain. However, his net worth is still below that of business magnates such as Samsung’s Lee Kun-hee and Hyundai’s Chung Mong-Koo.

Q: What is Psy’s real name?

A: Psy’s real name is Park Jae-sang.

Q: How tall is Psy ?

A: Psy, the South Korean singer and performer, is reported to be approximately 5 feet 7 inches (170 centimeters) tall.

As an experienced writer, I specialize in detailing the financial narratives of high-profile individuals. My passion for in-depth research and fascination with success stories fuel my writing. I enjoy exploring the world of arts, films, and TV series, which helps to enrich the content I create.

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