As an ITZY member, Chaeryeong has achieved massive success in the K-pop industry, setting, and breaking multiple records over the years. How big could has her net worth gotten since her debut?
Find out more below.
ITZY Chaeryeong Net Worth 2022 - How Wealthy is the 'ICY' Singer to Date?
Lee Chaeryeong is already popular even before she made her debut as an ITZY member. She first stepped into the Korean entertainment industry as a participant in the reality competition TV show "K-pop Star 3" in November 2013, together with her older sister Lee Chaeyeon. Although they were eliminated from the program, they both joined JYP Entertainment as trainees.
The Lee sisters then competed in JYP's popular 2015 survival show "SIXTEEN," which produced the girl group now called TWICE. She made it until the final episode but did not make it to the debut lineup. She remained a trainee, afterwards.
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Four years later, Lee Chaeryeong was revealed to be one of the five members of JYP's new girl group, ITZY. She holds the position of the main dancer in the team. The quintet debuted in February 2019 and has been attaining numerous milestones.
With those achievements, particularly impressive album sales, it is safe to say that ITZY is earning a huge amount of money. It is reported that the group has a combined net worth of $6.6 million as of February 2022.
With regard to individual earnings, ITZY Chaeryeong has a net worth of $1 million. But, this figure may be higher considering the band's continuous album sales and endorsement deals.
How Did ITZY Chaeryeong's Net Worth Get Huge?
At only 20 years old, Lee Chaeryeong has found great success in the Korean entertainment industry as a K-pop idol, which became her main source of income.
Shortly after their debut, ITZY already saw commercial success with their debut song "DALLA DALLA." This lively track landed on Billboard's World Digital Song Sales chart at No. 3, which is one of the highest debuts for a new K-pop group in years.
"DALLA DALLA" even won a total of nine trophies on various Korean music programs and made ITZY the fastest girl group to receive their first music show trophy.
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Their success went on in the following years with more albums. This means ITZY Chaeryeong's net worth increased gradually comeback after comeback.
In July 2019, the quintet made their first comeback with their first EP "It'z Icy," which features the title track "ICY." The EP peaked at No. 3 on the Gaon Album Chart."
In March 2020, ITZY dropped their second EP "It'z Me," which became their first No. 1 album in South Korea. The mini-album also entered at No. 5 on Billboard's World Albums Chart, the highest position on the tally at the time. After five months, the quintet achieved their second No. 1 on Gaon with their third EP "Not Shy."
The JYP girl group obtained more achievements in 2021 with their fourth EP, "GUESS WHO," and first studio album "Crazy in Love." While "GUESS WHO" became ITZY's first entry to Billboard 200 after debuting at No. 148, "Crazy in Love" scored their highest rank on the tally at No. 11.
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Moreover, ITZY's "Crazy in Love" achieved the group's highest first-week sales on the Hanteo Chart to date. It sold more than 250,000 copies from Sept. 24 to 30, 2021. It is also their fastest-selling work in Korea, surpassing 330,000 sales in just one month after its release.
Their earnings from a showcase tour also affected ITZY Chaeryeong's net worth. The girls held a showcase tour, "Itzy? Itzy!," in Jakarta, as well as in different cities across Asia and the United States from November 2019 and January 2020.
Having endorsement deals is also another primary source of income of ITZY. They have become faces of various brands including Louis Vuitton, Kia Motors, M.A.C Cosmetics, Maybelline New York, Shopee Thailand, and more.
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Written by Mhaliya Scott
