Kim Namjoon, more famously known by his stage name RM, achieved worldwide popularity after making his debut as the main rapper and leader of the seven-member boy group BTS back in June 2013. A couple of years after making his debut with the group, RM went on to become one of the top-performing and most influential musicians in the industry.
Since his debut, RM has been active as both a BTS member and with his own activities. With RM having been in the industry for more than nine years, how wealthy has the "Yet to Come" rapper become?
Curious about his net worth? Read on to find out!
BTS RM Net Worth 2022
According to one media outlet, the BTS leader has an estimated net worth figure of around $28 million USD as of this year. However, his net worth can go up as high as $30 million USD.
RM's estimated net worth doesn't come off as a surprise given the immense popularity he and BTS have garnered over the years, as well as the dedicated and loyal fanbase that they have formed with it.
RM
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But with the 28-year-old's earnings of more than $28 million USD, is RM the richest member among his fellow BTS members? The answer is no, as that title goes to his fellow BTS rapper J-Hope, with RM taking place as the third richest within the group.
With that, how did RM garner such a net worth figure?
How Did RM Earn His Net Worth?
A large portion of RM's riches came from his earnings as a member of BTS, through the group's profits from their music releases, promotions, and official merchandise. Aside from that, RM also earned a lot from the group's broadcast appearances and endorsement deals.
RM
In fact, with BTS being a global sensation, in addition to their massive influence and brand power all over the world, they are highly in-demand by companies, making their appearance and talent fees high in proportionate to their great reputation.
Not only that, but as a whole group, BTS has a net worth of more than $100 million USD, with RM's base salary being $8 million USD. In addition, RM has 68,000 shares invested in HYBE, which is said to already be valued at over $16 million USD. That alone amounts to RM's net worth being $24 million USD, excluding his earnings from other sources.
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When it comes to music, RM earns from his royalties as a writer, composer, and producer for over a hundred songs credited by the Korean Music Copyright Association (KOMCA). This includes songs he had made for BTS and other artists, such as TXT, GLAM, Homme, Steve Aoki, and more.
In fact, RM has more than 200 songs credited under his name, making him the youngest and second most-credited musician under the association.
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RM
RM had also released his own music, such as his mixtapes "RM" and "Mono," released in 2015 and 2018, respectively. He also collaborated with numerous artists, such as Wale and Warren G, and featured in other artists' songs including Fall Out Boy, Lil Nas X, Honne, Gaeko, MFBTY, and more.
In addition to his broadcast appearances with BTS, RM also appeared in other broadcasts on his own. Some of the shows he appeared in without his fellow members include Problematic Men and Running Man. He also hosted music shows, such as Inkigayo, M Countdown, and even KCON New York.
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More recently, it was reported that RM is set to release a new album on November 25. He was also confirmed to become a cast member of the show The Dictionary of Useless Knowledge. With his upcoming release and appearance, it is likely that his net worth will increase.
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Written by Robyn Joan
