Is Soyeon the richest member of (G)I-DLE? Following her recent confession of earning 1 billion KRW in a month, netizens showed interest in her current net worth.
Earlier on July 10, Soyeon met Lee Young Ji for a YouTube web content where she talked about her income.
In particular, Young Ji asked:
"How much do you earn in a month, unnie?"
She candidly replied:
"If I divide a year into 12 months and calculate the statistics, can I do that? You earn a lot, too."
Lee refuted this and said:
"I have a lot of ups and downs."
When Jeon Soyeon said the same thing, Lee Young Ji then rephrased her question, saying:
"Then how much is your highest income?"
In response, Jeon confessed:
"If I do really well, I can earn up to 1 billion won (about 770k USD) a month, and if I don't, I can earn 100,000 won ($73), and things like that."
Following this revelation, K-pop fans were impressed by the wealth Soyeon is acquiring, and they agreed with Lee Young Ji that they think Soyeon downplayed her real earnings.
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Given that Young Ji is also talking about the earnings from copyright fees as a songwriter, netizens wonder about Soyeon's income as a K-pop idol, fashion icon and model as well.
According to various sources, Jeon Soyeon's net worth is between $3 to USD 5 million. For a fourth-gen idol, this is relatively high since the usual net worth of female idols is marked at USD 1 million.
Most of her earnings come from her royalties as a songwriter and music producer/composer of (G)I-DLE and her solo songs. She also made songs for other artists including JBJ's "Say My Name," CLC's "No," SHINee Key's "I Wanna Be" and more.
It is expected that her net worth will become even higher with the high reception of its 2024 (G)I-DLE World Tour (iDOL) which will kick off in August starting in Seoul.
As of now, the 2-day Seoul concert set to be held on Aug. 3 and 4 is sold out. This is the same case for its Hong Kong concert (Aug. 24-25) and Tokyo concert (Aug. 31 & Sept. 1).
Due to their in-demand concert in Hong Kong, the group announced an additional date for August 23 and after opening the ticket selling, it also sold out immediately.
Meanwhile, (G)I-DLE, who made a comeback with their 7th mini album "I SWAY" on the 8th, will be performing their first comeback stage on Mnet's "M Countdown" on the 11th.
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Written by Eunice Dela Cruz