Here’s How Much The Top 1% Of Korean Actors, Singers, And Models Earn, According To Government Survey

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A recent survey across the Korean entertainment industry has revealed some interesting figures in terms of how much top celebrities can earn based on their line of work.

weverse_1-264111257BTS, one of the most popular K-Pop groups globally | Weverse

The data was revealed by the “2017-2021 Celebrity Income Status By Industry” report received by Kang Joo Hyun of the Democratic Party of Korea and a member of the National Assembly’s Strategy and Finance Committee.

The report included the annual income of 7720 singers in 2021, which totaled ₩516 billion KRW (about $381 million USD). The average annual income per capita turned out to be ₩66.8 million KRW (about $49,400 USD).

download - 2023-09-30T210356.765Lim Young Woong is one of the highest-earning singers in Korea | The Korea Herald

But the top 1% of these 7720 singers earned more than 50% of the total income reported. Their earnings in 2021 totals up to ₩356 billion KRW (about $263 million USD), which is equivalent to 68.9% of total industry income recorded in the report. The average income of each singer among the top 77 was ₩4.62 billion KRW (about $3.41 million USD).

download - 2023-09-30T210525.403Song Hye Kyo, one of the top-earning actors in Korea | @kyo1122/Instagram

Coming to actors, the top 1% of their group consisted of 160 individuals. Their total income in 2021 rounded up to a ₩383 billion KRW (about $283 million USD), making up 48.6% of the earnings of the entire group. Each actor in the top 1% earned an average of ₩2.27 billion KRW (about $1.67 million USD) in 2021.

download - 2023-09-30T210551.139Kim Soo Hyun, another one of Korea’s highest-paid actors | @soohyun_k216/Instagram

In the case of models, the income of a total of 9536 professionals was reported to be ₩108 billion KRW (about $79.5 million USD) in 2021. That made the per capita income of models in that year ₩11.3 billion KRW (about $8.34 million USD). The top 1% of these models earned a total of ₩43.4 billion KRW (about $32.1 million USD), averaging at ₩453 million KRW (about $335,000 USD) in 2021.

download - 2023-09-30T210818.731Irene Kim, one of the top Korean models | @ireneisgood/Instagram download - 2023-09-30T210839.472Sora Choi, another in-demand Korean model | @sola5532/Instagram

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