Park Jae-sang, to the public known by the stage name of Psy, is a famous Korean record producer, rap artist, television personality, singer and songwriter, as well as an actor. To the audiences, Psy is perhaps best known for “Gangnam Style”, a K-pop single, which became an international success. Released in 2012, “Gangnam Style” quickly went viral on the YouTube network, and made it to #1 on music charts in Canada, Germany, United Kingdom and Russia, in addition to 26 other countries. The song had a great cultural and social impact, as it inspired a wave of flash mob performances of the “Gangnam Style” dance all around the world, and was even praised by the President of the United States Barack Obama. Such athletes as Novak Djokovic, Chris Gale and Manny Pacquiao performed the popular dance during various competitions, while the song itself was featured in such television shows as “The X Factor” and “Glee”. In 2012, “Gangnam Style” was even placed in the Guinness Book of World Records for having the most likes on its video on YouTube. To date, the song has sold more than five million copies in the United States alone, which has earned it a 5-time Platinum certification from the RIAA. Psy has released five studio albums so far, yet none of the songs has exceeded the success of “Gangnam Style”.
Psy Net Worth $45 Million
A famous singer and songwriter, how rich is Psy? According to sources, in 2013, Psy earned as much as $300,000 for his performance in Malaysia, while in 2014 he collected $6.8 million from his YouTube partnership. Psy then went on to earn $4.6 million from various endorsements. In regards to his total wealth, Psy’s net worth is estimated to be $45 million, most of which he has collected from his involvement in the entertainment industry.
Psy was born in 1977, in Seoul, South Korea, where he studied at the Sehwa High School. Upon his graduation, Psy moved out to the United States in order to take up studies at the Boston University, since he planned to work at his father’s company “DI Corporation”. However, Psy was disinterested in business administration, hence he enrolled in the Berklee College of Music. Psy failed to graduate from Berklee too, and instead returned to South Korea, where he decided to become a singer. Psy debuted in the music industry in 2001, with the release of “Psy from the Psycho World!”. The album’s inappropriate content created a lot of controversy, which was followed by the release of his second studio album entitled “Sa 2”. The latter album was heavily criticized due to a negative influence, and was even banned from sale. Despite the initial obstacles to Psy’s career, he eventually broke-through as an artist with his single “Gangnam Style”, which gained him many career opportunities. Since then, Psy has had an opportunity to work with such famous people as Scooter Braun, YG Family, Epik High and Snoop Dogg.
A well-known rap artist, singer and songwriter, Psy has an estimated net worth of $45 million.
