Lee Donghyuck, professionally called Haechan, is part of the South Korean boy group NCT and a fixed member of its subunits NCT 127 and NCT Dream. These three bands are some of the most successful K-pop acts in history, and because of this fact, you might be wondering how big NCT Haechan's net worth is. If yes, read on to find out!
NCT Haechan Net Worth 2022
NCT Haechan made his first debut as a member of NCT 127 in July 2016. Then, one month later, he re-debuted as an NCT Dream member. He is the main vocalist in both subunits and the lead dancer and maknae in NCT 127.
Since his debut, Haechan has been active in the music industry, participating in comebacks and events of NCT and the two subunits above, hosting shows, modeling for different brands, and more.
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Through all of these activities, Lee was able to earn a significant amount of money. NCT Haechan's net worth is estimated to be $1.5 million, as of July 2022, according to this site. This figure is remarkably high among K-pop idols who debuted in 2016 since not all artists who debuted at that time are as popular as Haechan.
How Did NCT Haechan Earn a Lot of Money?
Haechan generally earns from sales, events, and overseas promotions of the groups to which he belongs. As per Channel Korea, SM Entertainment's artists get 5% income from physical sales, 10% from renewed physical sales, 40% from events, and 70% from overseas promotions- and the rest goes to the company.
That 5% earnings from sales will then be split among the group members. The same goes for the profits in renewed sales, events, and international promotions.
Regarding album sales, NCT 127 and NCT Dream, as well as NCT as a whole, recorded impressive figures in the past few years.
In particular, NCT 127 became a double-million seller with just a single album, particularly "STICKER." What's more, the repackaged album "Favorite" reached 1.17 million copies in just a little over a week since its release on Oct. 25, 2021.
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As for NCT Dream, the subunit has four different albums that surpassed one million copies, and two of them also hit two million sales. These albums are "Hot Sauce," "Hello Future," "Glitch Mode," and "Beatbox."
"Hot Sauce" and "Glitch Mode" are the group's double-million seller albums. Remarkably, "Glitch Mode" is the septet's fastest album to sell two million units.
NCT Haechan's net worth also comprises his earnings from NCT's album sales. NCT's 2020 albums "RESONANCE Pt.1" and "RESONANCE Pt. 2" both recorded one million sales in South Korea. The first part also sold one million copies in Japan. NCT's third album, "Universe," also sold one million copies in South Korea.
About the events (such as fan meetings and concerts), NCT 127 and NCT Dream have completed several in the past years. NCT 127 headlined three tours, including their recent one, "NEO CITY - THE LINK." They also had two online concerts.
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Meanwhile, NCT Dream held multiple fan meetings and concerts in South Korea, including "HOT! SUMMER DREAM," "NCT Dream 'Dream Stage: Glitch Mode," and "NCT Dream - Beyond the Dream Show," to name a few.
NCT Haechan's net worth is projected to increase as NCT Dream will embark on a tour this 2022 called "THE DREAM SHOW 2." It will kick off with a concert in Seoul for three nights, from July 29 to 31 at the Gocheok Sky Dome. This tour may include overseas stops as well.
Another factor that affects NCT Haechan's net worth is his endorsement deals as part of NCT 127 and NCT Dream. NCT 127 currently models for Nature Republic. They also collaborated with Slowacid, and they were recently announced the Asia-Pacific ambassadors for PUMA. Meanwhile, NCT Dream is currently teaming up with Lemonilo and SOMETHINC.
Finally, Haechan also earned money from hosting. He was previously the MC for Mnet's "M Countdown," KBS's "Music Bank," and MBC's "Weekly Idol."
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Written by Maria Scott