Changbin is not only a member of Stray Kids, but also a songwriter and producer of the team. Since his debut, he has attracted plenty of attention from the public with his impressive skills. Additionally, he has become popular through various activities, which brought him a pretty high income.
Want to know if Changbin is the richest member of Stray Kids? Then, read on!
Changbin Net Worth 2022- How Rich Is the Stray Kids Member?
Changbin first debuted as a member of JYP Entertainment's hip-hop unit 3RACHA (along with Bang Chan and Han) in 2017. He then re-debuted as one of the rappers of Stray Kids in 2018. At present, he continues to produce tracks for his group.
According to Net Worth Spot, Stray Kids' net worth as of July 2022 is estimated to be $30.18 million. It is said that the boy group earns roughly $6.04 million a year. However, the members' individual earnings are lower than their group income.
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In particular, Changbin's net worth is $3.5 million as of July 2022, as per this source. It is said that his salary ranges from $400,000 to $800,000 through his activities.
His current net worth is bigger than his wealth in 2021, which is allegedly $1.5 million to $2 million. This only shows the rapper has earned a bigger amount of money in the first half of the year. This makes Changbin the second-richest member of Stray Kids, probably alongside Han.
How Does Stray Kids Changbin Earn Money?
Stray Kids Changbin generally gains a big amount of money not only from his activities as a group member but also as a songwriter and producer. He also earns from endorsement deals.
His activities with Stray Kids include comebacks, which involves releasing new singles and albums. Since their debut, the boy group has dropped two studio albums, three compilation albums, 10 EPs, 24 singles, two single albums, and one repackaged album. Among those releases, their most successful ones are "GO LIVE," IN LIFE," "NOEASY," "Christmas EveL," and "ODDINARY."
Notably, "NOEASY" and "ODDINARY" are Stray Kids' two million-seller albums. In fact, the former album made the group the first artist under JYP Entertainment to hit one million in album sales in history.
READ MORE: Stray Kids Shares How J.Y. Park Reacts to Their Steady Growth Since Their Debut
Aside from album sales, the JYP group also produces money from various events, particularly fan meetings and concerts.
This past February, they held a two-night fan meeting (called "SKZ's CHOCOLATE FACTORY) at Olympic Hall in Seoul. The second night took place online and offline.
The fan meeting was followed by three nights of concerts at the Jamsil Indoor Stadium from April 30 to May 1. These Seoul concerts mark the start of Stray Kids' "MANIAC" world tour.
The group then heads to Japan for four concerts, two each in Kobe and Tokyo (from June 11-12 and from June 18-19). Afterward, they completed the North American leg of their world tour and returned to Japan for another two-night show in Tokyo.
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Concerning endorsement deals, Stray Kids was announced this past April as the latest global ambassadors of the Philippine clothing and lifestyle brand BENCH. Previously, they were brand ambassadors for CLIO cosmetics, PROSPECS, Ivy Club, Japan's WEGO, Lotte Duty Free, and more.
In addition to album sales, events, and endorsements, his role as a songwriter and producer of Stray Kids affect Changbin's net worth. He is credited not only in title songs but also B-side tracks. His 2022 works include "MANIAC," "Venom," "Charmer," "Freeze," and "Loney St." (all off Stray Kids' "ODDINARY"). Meanwhile, his past works are "Hellevator," "YAYAYA," "District 9," "My Pace," "Get Cool," "Astronaut," and "Insomnia" to name a few.
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Written by Maria Scott