GUESS WHO'S THE RICHEST CELEBRITY IN SOUTH KOREA (Clue: Not Oppar or Unnir)

[es2pido.livejournal.com]

Mirror mirror on the wall, who is the richest celebrity of them all? Yes it is becoming clear now and the answer is firm. YG‘s charismatic CEO, Yang Hyun Suk, is the richest celebrity, but how much is he actually worth and how much is that using my patented “Corn Cob-o-meter” counting system?

In a recent list of top 400 millionaires published by the millionaire tracking site Chaebul.com, Samsung CEO Lee Kun Hee topped the list with personal assets totalling approximately 13 Trillion Korean Won (KRW) or roughly 11 Billion U.S. Dollar (USD). YG CEO Yang Hyun Suk was also on this list, and he has the honour of being the richest person in all of the entertainment industry with personal assets totalling KRW 219 Billion or once again roughly USD 193 million. A lot of this can be attributed to the rising stock prices of YG Entertainment buoyed by the success of PSY in the global market.

Further down the list comes SM CEO Lee Soo Man with a paltry(?) KRW 193 Billion/USD 170 Million, Senior Actor and honorary CEO of Jeju Free International City Broadcasting System Shin Yong Kyun with KRW 148 Billion/USD 130 Million, and lastly Seoul Cinema CEO Kwak Jung Hwan with KRW 79 Billion/USD 69 Million. These figures were derived by counting amount of shares held by each individual, dividends, real estate assets, and other tangible assets, while excluding certain unconfirmed assets like jewellery or art works.

But you know these are just such big numbers that it is kind of hard to appreciate just how much this really is. This is where my patented “Corn Cob-o-meter” counting system comes into play. Using a dash of math, some Google wizardry, and a bit of image editing, we can determine just how many corn cobs Yang Hyun Suk could buy if he was to exchange the whole of his personal assets into corn cobs.



Source: Soompi



Just because.

Comments

[elowai.livejournal.com]

Yay, good for him. Especially considering the ones that make the money - our idols- get screwed over and get little to nothing of the amount of money they deserve. You'd think the idols would at least get 50% of the money they bring in to the company, but nope. The idols' salary is less than 30% (and that is without splitting the money to invidivual members, paying the company for housing fees, etc).

[dapo322.livejournal.com]

I believe yg contracts are split 60:40 or it is 50:50. Someone else here might know, but I remember seeing that the company takes 40%.

[hearttaek.livejournal.com]

But then that's just the profits right? After all expenses have been taken out?

[dapo322.livejournal.com]

I'm not really sure. I just remember someone posting on here awhile ago that for the big 3, yg was 60:40, jype was 50:50, and sme was like 70:30, with sme taking 70%. I was trying to find that comment, but I haven't found it yet. I'll try again.

[elowai.livejournal.com]

That seems more accurate with YG, I know SM is the worst about it =~=. Though, I think JYP isn't 50/50 but I could easily be wrong. I thought it was like 60/40 or something.

But, the thing is, how much is it for each members when that 30% or 40% or whatever amount of salary is split up with the ALL of the members of the group and then used for all of their expenses (apartments, etc.).

Either way, I believe the idols deserve AT LEAST 55%, especially considering how hard they work. ^u^.

[yaoipimp.livejournal.com]

I think that's right, though apparently Psy has it 70:30. And since BB renewed their contracts in a year (well, one of them) when they were bringing in the most money, I wonder if they've managed to get 70:30 as well.

[hurtmybones.livejournal.com]

[vvipforseungri.livejournal.com]

Yay for my oppars by extension, I guess.

I can't with the corn thing tho lol

[21banged.livejournal.com]

LMAO OH GOD ILU

[candycrush808.livejournal.com]

What the hell is that gif? /dying

[es2pido.livejournal.com]

Myungsoo and Sungjong ♥

[aleexnews.livejournal.com]

uhh no

[es2pido.livejournal.com]

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 8'((((((((((

[lenkaxchan.livejournal.com]

it's Sunggyu on top of Woohyun

[es2pido.livejournal.com]

I know. I was just joking okay ♥

[lenkaxchan.livejournal.com]

oh ^^;;

[inurbed.livejournal.com]

With all that money I hope he can send Taeyang to a reform school, get 2ne1 new stylists and finally bring out all the people from his dungeon.

[elowai.livejournal.com]

OMFG YES WITH 2NE1, but what happened to Taeyang O.o ?!?!?!?

[beautiful-alone.livejournal.com]

Taeyang only needs a decent hairstylist, the guy spends plenty of time in church already - no need for reform school.

[robalunch.livejournal.com]

I'm more excited about the budget for music videos :)

[21banged.livejournal.com]

PREACH IT

[asnindie.livejournal.com]

Celebrity. He thinks he's the Steve Jobs of Korea except he's not.

[queenhinata.livejournal.com]

/came here for the woogyu gif but/
congratulations psy yg

[unicornios.livejournal.com]

YG‘s charismatic CEO
LMFAO OH STOP


This somehow bothers me. Ugh.

[robalunch.livejournal.com]

Yet people call YG flop and act like marketing majors. lol Get that money, bitch.

[kingalexarnold.livejournal.com]

lol no, the reason he has that much money is because of big bang and psy who are talented and hard workers. he, as a ceo, is just mess who cant fucking manage his artist. i mean, seriously big bang and psy have done most things by themselves to get where they are.

[robalunch.livejournal.com]

I doubt they pay for their own marketing, mvs, studio sessions, stylists, choreographers, venues etc.
They are artists, not business men.

[cairistiona.livejournal.com]

IA about most of them but most/many idols pay their stylists directly out of their pay. The company doesn't pay them, or the make-up artists. And on some occasions, they have to pay for their costumes too. I'm sure Big Bang don't, though.

[cairistiona.livejournal.com]

SM CEO Lee Soo Man

Oh come on.





"Kim Young-min
SM Entertainment, CEO"

[21banged.livejournal.com]

mte He hasn't been the CEO for a while :\

[sub-divided.livejournal.com]

I thought YG made most of his money from real estate investments, not the entertainment biz. Although obviously YGEnt is a profitable company, and (so far) profitable to shareholders.