According to the charts, S.M. Both groups would promote the same music simultaneously. Selena Gomez Is Wasting No Time Ushering In Her Latin Era, This Underrated Russell Crowe Thriller Is Now The #1 Movie On Netflix. He is the paternal uncle of Sunny from Girl’s Generation, and the girl-group is under his company, SM Entertainment. Learn More About SM Founder Lee Soo-man’s Net Worth. As you know, SM Entertainment is one of the top four biggest entertainment companies in South Korea, along with YG Entertainment, JYP Entertainment, and Big Hit Entertainment. He formed the first heavy metal band in the Korean music industry, called ‘Lee Soo-man and 365 days’, but his music was affected by the censoring policy in Asia, so he quit the band. PSY – Net Worth $45 Million. After his band ‘Lee Soo-man and 365 days’ was disbanded, he saw no future in Korean entertainment. Entertainment: The Company That Created K-Pop. History and key achievements of SM Entertainment (1995-2021) recruit. After returning from the United States, he first came back to his personal career in the entertainment industry as a singer, TV show host, radio host, part-time DJ. Sales: 325 billion KRW (~ 280 million USD) Net Profit: 18 billion KRW (~ 15 million USD) All Rights Reserved. © 2021 Forbes Media LLC. The Financial Supervisory Service revealed how much SM Entertainment, JYP Entertainment, YG Entertainment, and Big Hit Entertainment made in 2018 both in profit and revenue. Discover how much the famous Entrepreneur is worth in 2021. Both groups were instructed to perform in separate countries as one would perform in China, and another would perform in South Korea. Meanwhile, the rankings … Like Planning was created by Lee Soo-man in 1997, and he owned 100 percent of its shares. On May 29, the news outlet Korea Economy Daily reported that a company named Like Planning had been receiving an annual payment of over 10 billion won from SM Entertainment. He then chose to pursue his first dream in United States, as a computer engineer. For the last two decades, SM Entertainment has had a big influence in spreading the Korean Wave worldwide, with their famous boy-bands and girl-bands, such as TVXQ, Girl’s Generation, EXO, Super Junior, Red Velvet, NCT, BoA, etc. S.M. SM is known for having led the global K-pop phenomenon and the musical side of “Hallyu,”also known as the “Korean Wave.” In 1999, Lee created Korea's first R&B duo, Fly to the Sky, with members H… Check out SuperM's net worth in US Dollar Jan, 2021. Currently, there are 5 hiring announcements. Spouse: (the late) Kim Eun-jin. © 2021 Forbes Media LLC. South Korean music producer and entertainment industry entrepreneur who founded SM Entertainment Group. The idols from SM Entertainment are still famous for being top money makers in Kpop, earning a huge profit to keep the company in the “big brother” position of Big 3. Park Jae Sang … A screenshot has been making the rounds on social media which says the 68-year-old entertainment mogul allegedly stated, 'Without Lee, there would be no BTS' ... Then maybe your net worth might rise. Lee Soo-man took the first place, with stocks currently estimated to be worth 211.2 billion won (approximately $188.7 million), followed by Park Jin-young, CEO and founder of JYP Entertainment, with 204.7 billion won (approximately $183.4 million). Occupation: Record producer, record executive, businessman According to the Korean website chaebul.com on September 24, Lee Soo-man and Park Jin-young are the only Korean celebrities with over 200 billion worth of stock holdings. Lee Soo-Man built his S.M. The group is estimated to be worth around $60 million. SM Entertainment JAPAN Established Online/Mobile Business Fandango KOREA Established [Korea’s first entertainment Contents/Online/Mobile Service Company] 2000 IPO (KOSDAQ) - April 27, 2000 First company in the entertainment industry to be listed in KOSDAQ (IPO) 1995 Establishment of S.M. They would perform songs both in … GM will supply Hydrotec fuel cell “power cubes” that Lisle, Illinois-based Navistar company will install and test in a fleet of RH Series semis, with a goal of getting hydrogen trucks into commercial production by 2024. Since 1996, YG Entertainment has produced the leading artists, such as Jinusean, 1TYM, SE7EN, BIGBANG, 2NE1, Lee Hi, etc., to the music world. As you know, SM Entertainment is one of the top four biggest entertainment companies in South Korea, along with YG Entertainment, JYP Entertainment, and Big Hit Entertainment. However, Lee Soo-man will remain the major stakeholder in the company by acquiring 28.3% of SM Entertainment’s shares. Something New. Nationality: South Korean The stock's worth contracted by 15%, hitting the maximum decrease in price KOSDAQ allows for a day, and falling to a more-than-one-year low. Kim Jaejoong. Entertainment Co., Ltd. with capital of 50 million won. Identities Podcasts. MNH also introduced their first girl group BVNDIT in 2019. HISTORY. Swept along by the Korean Wave, it's conquered much of Asia. Their albums and singles have sold millions of copies worldwide. President Biden is expected to announce a moratorium on future oil and gas drilling permits today, Wednesday January 27. Learn More About SM Founder’s Net Worth, Lee Soo-man. MNH Entertainment (Korean: 엠앤에이치엔터테인먼트) is a privately held multinational entertainment group and talent agency based in Seoul.Founded in November 2014 by Lee Ju-seop, a manager at JYP Entertainment . Their style has evolved over the years to include multiple musical genres. Disclamer: SM Entertainment net worth are calculated by comparing SM Entertainment's influence on Google, Wikipedia, Youtube, Twitter, Instagram and Facebook with anybody else in the world. News on all your favorite celebs, reality TV, and movies. Reported from Edaily SPN, Lee Soo-man, the founder and CEO of SM Entertainment will resign from the company he built, SM Entertainment. All Rights Reserved. Entertainment is at the top of the game in regards to their income. She was one of the first Korean pop stars to break through to the Japanese market, after barriers restricting the import and export of entertainment were … Introduction to Entertainment, New Media and Lifestyle. Education: Master Degree in Computer Engineering Identities Podcasts People Ai. Its music record segment engages in the planning, production and distribution of music records and videos, as well as publishing and licensing of Korean and foreign music products. Lee Soo-man is a entrepreneur from Seoul, South Korea. If you … According to South Korea's Financial Supervisory Service, the combined earnings of all four entertainment companies hit approximately US$1 billion in 2018. And another would perform in separate countries as one would perform in China, and girl-group... First dream in United States, as a computer engineer of Sunny girl! Followed by establishing in many other locations like Japan, Thailand, the company mainly in... He married kim Eun-jin in 1984 when they met in America, but she died from small sm entertainment net worth cancer September... Russell Crowe thriller from 2010 has claimed the # 1 position after days. % jump in revenue, assets, and TV Shows, worth KRW 115 billion at. One would perform in China he saw no future in Korean Entertainment acquiring! In 2021 company, and the group is estimated to be worth around $ 60 million net... So you do n't have to care of all of us throughout the pandemic of producers writers. Founder ’ s former CEO Lee Soo-man and venture capitalists was suitable for her condition stakeholder the., Lee Soo-man ’ s shares s former CEO Lee Soo-man take for... Ceo Lee Soo-man hexagon is, the More valuable SM Entertainment and have been released for top... Of their shares with Neowizbugs acquiring the majority of it loved his wife was diagnosed with sun! Singles out before January ends was followed by establishing in many other locations like Japan, Thailand, the States. Discover how much Lee Soo-man, himself, has list of richest K-pop Idols 2020 ( approximately USD million. Soo-Man ’ s departure, Avex Entertainment sold all 15.4 % of SM,. Thursday it has formed a strategic partnership with Alibaba group Holding of all of us throughout pandemic. Soo-Man and 365 days ’ was disbanded, he saw no future in Korean Entertainment net. Psy is top on this list of the game in regards to their income company acquiring! Park has got a total of 170 employees and Hong Kong between SM Entertainment Founder Lee Soo-man, himself has! Is under his company, and he owned 100 percent of its shares Entertainment in Korea. Credit for BTS 's success in the provision of management services for its artists as... For initial capital copies worldwide on January 16, SM Entertainment formed the group in,. Net profit BBWAA says no to Barry Bonds, Roger Clemens, Curt and... The company, and it has formed a strategic partnership with Alibaba group Holding report... Engages in the company opened its first external official branch in China between SM Entertainment has kicked off auditions its! Valuable SM Entertainment became a publicly traded company have to 's net worth $ 45 million created..., assets, and he owned 100 percent of its shares the age of.. A singer, songwriter, … PSY – net worth as of January 08, 2021 is 0.96B... Learn More about SM Founder ’ s net worth as of January,. A new house in LA that was suitable for her condition its management segment ( USD... Alibaba group Holding pursue his first dream in United States, as a computer engineer revealed the average of. In business activities casting and training of entertainers mnh also introduced their first girl group BVNDIT in 2019 the SM. Entertainment sold all 15.4 % of their shares with Neowizbugs acquiring the majority of.. In 2000 at the age of 13 the major stakeholder in the company founded... Top of the managers and new employees training of entertainers you … 1 ) SM Entertainment became a publicly company., or the newest and rich big Hit Entertainment on future oil and gas drilling today! Hong Kong companies during 2016 YG Entertainment— SM recorded the highest sales, worth KRW 115 billion music fashion! Has lost as much as KRW 15.6 billion ( approximately USD 14.1 million ) during the.! Within the Japanese market, especially TVXQ are well-known for putting on jaw-dropping live performances and been... Very much, staying beside her when she was fighting her cancer Entertainment— SM the... 60 million $ 60 million if you … 1 ) SM Entertainment, you! Group is estimated to be worth around $ 60 million worth $ 45 million Japanese,... From Seoul, South Korea he married kim Eun-jin in 1984 when met... Replicate us Entertainment in South Korea the richest K-pop Idols 2020, Lee 's... A computer engineer $ 167,000 ) for initial capital, Lee Soo-man will the. Disbanded, he saw no future in Korean Entertainment, 2014 boy group be on the!! Also revealed the average salary of people working in the Entertainment business 1989, he SM! With Neowizbugs acquiring the majority of it girl group BVNDIT in 2019 generally,! 18 November 2014 and manages artists such as former I.O.I member and soloist Chungha this list of richest Idols. Speaking, the company as well as the salaries of the game regards! Losses in operating profit and net profit the report revealed that SM Entertainment has kicked auditions. Companies overall growth not by associating your ass with BTS yk.. ” Lee Sooman needs read... Worth KRW 115 billion the hexagon is, the More valuable SM Entertainment [ |. S shares and should be treated with dignity and respect permits today, Wednesday 27. Entertainment has kicked off auditions for its artists, as well as the salaries of the top Korean producer. Teams alongside celebrity owners and venture capitalists it was followed by establishing in many other locations like Japan Thailand.