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Park Jae-sang Net Worth – Biography, Income, Cars, Age & Family

Psy, whose real name is Park Jae-sang, is a South Korean musician, singer, and rapper who has taken the world by storm with his catchy beats and energetic performances. Park Jae-sang Net Worth is over $60 million, he is one of the wealthiest musicians in South Korea and has made a name for himself as a global phenomenon. He first gained worldwide recognition in 2012 with his hit single “Gangnam Style,” which became the first YouTube video to reach one billion views.

Park Jae-sang Net Worth

The song’s catchy beat and playful lyrics, combined with Psy’s unique horse-riding dance moves, made the music a viral sensation. Psy’s follow-up singles, including “Gentleman” and “Hangover,” also gained international popularity, solidifying his status as one of South Korea’s biggest pop stars.

His unique blend of pop, hip-hop, and dance music has made him a favorite among music lovers worldwide. With his undeniable talent, infectious energy, and undeniable charm, Psy is a musician who will entertain for years to come.

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Park Jae-sang Net Worth

As of 2022, Psy is estimated to have a net worth of $60 million.


Real NamePark Jae-sang
Date of BirthDecember 31, 1977
Current Age45 years old 
Birth PlaceGangnam-gu, Seoul, South Korea
Weight80 kg
Marital StatusMarried
ProfessionSinger, songwriter, and rapper
Net Worth$ 60 million

Psy, whose real name is Park Jae-sang, was born on December 31, 1977, in Gangnam-gu, Seoul, South Korea. He grew up in a well-educated family, with his father a businessman and his mother a professor of art history.

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Psy attended Banpo Elementary and Middle School and later graduated from Sehwa High School. He then studied at Boston University in the United States, earning a Bachelor of Arts degree in psychology.

After completing his education, Psy returned to South Korea and began his career as a singer and songwriter. He debuted in 2001 with the album “Psy from the Psycho World!” which was met with mixed reviews. However, his second album, “Ssa2” (2002), was a commercial success, and he began to gain popularity in South Korea.

In 2007, Psy released the single “Champion”, which became a hit in South Korea, and helped him to gain international recognition. In 2012, he released the single “Gangnam Style”, which quickly went viral and became a global phenomenon, making him one of the most well-known South Korean artists.

Since then, Psy has released several more albums and collaborated with several other artists, including Snoop Dogg, Madonna, and Scooter Braun.

In addition to his music career, Psy has also appeared in several films and television shows and has won numerous awards for his contributions to the South Korean music industry. He continues to be active in the music industry and is considered one of the most influential and successful South Korean artists of all time.

Career Details

Before his breakthrough, Psy had a career in the South Korean music industry, releasing several albums and singles. His debut album, “PSY from the Psycho World!” was released in 2001 and featured a mix of hip-hop and rock music. He released several more albums throughout the 2000s, including “Ssa2” (2002), “3 Psy” (2003), and “Psy Five” (2010).

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In 2012, Psy released his sixth studio album, “Psy’s Best 6th Part 1,” which featured the hit single “Gangnam Style.” The song’s music video went viral on YouTube, garnering over 1 billion views in just a few months and making it the first to reach that milestone. The song became a global phenomenon, with people worldwide doing the “Gangnam Style” dance and the music reaching number one on the Billboard Hot 100 chart in the United States.

After the success of “Gangnam Style,” Psy released several more singles, including “Gentleman” (2013) and “Daddy” (2015). He also released his seventh studio album, “Chiljip PSY-da” (2014), and an EP, “4X2=8” (2017).

In addition to his music career, Psy has also appeared in several films and television shows and has worked as a judge on the South Korean version of the singing competition show “The Voice.” He continues to release music and perform concerts around the world.

Psy Income Details

Psy makes money through various sources, including He earns money from selling his albums and singles. “Gangnam Style” alone sold over 13 million copies worldwide.

Psy has performed in many concerts and shows worldwide, earning money from ticket sales and merchandise.

Psy has endorsed several products and brands, earning money from the deals. He has endorsed brands such as Samsung, LG, and Pepsi.

Psy earns money from the ads that play on his YouTube videos and the views and clicks on the videos.

 He earns money from streaming his music on platforms like Spotify, Apple Music, and YouTube Music.

Psy has accumulated a sizeable net worth from his successful career as a musician and his various income streams.


  • Psy’s “Gangnam Style” music video has over 4.2 billion views on YouTube, making it the most viewed video on the platform.
  • Psy’s “Gangnam Style” music video was awarded the Guinness World Record for the most likes on a YouTube video.
  • Psy was the first artist to reach 10 million subscribers on YouTube.
  • Psy was the first K-pop artist to perform at the Madison Square Garden in New York City.
  • Psy’s “Gangnam Style” music video won the Best Music Video award at the 2012 Mnet Asian Music Awards.
  • Psy’s “Gangnam Style” music video won the MTV Europe Music Award for Best Video in 2012.
  • Psy has sold out multiple concerts worldwide, including in South Korea, the United States, Canada, and Australia.
  • Psy has collaborated with famous artists like Snoop Dogg, Madonna, and Will.i.am.
  • Psy has appeared on popular American television shows such as The Simpsons and Saturday Night Live.
  • Psy has released multiple hit songs such as “Gangnam Style,” “Gentleman,” “Hangover,” and “New Face,” among others.
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Psy’s Lifestyle- Cars and Homes

He is known to have a luxurious lifestyle, and he is known to own several cars and homes. 


Some of the vehicles he is known to own include;

  • Mercedes-Benz SLS AMG
  • Porsche Panamera Turbo
  • Rolls-Royce Ghost


He also has several properties, including a home in the Gangnam district of Seoul, South Korea, which is known for its high-end real estate. He also has a home in the United States, although the location and specific details of the property are private.

Psy’s Family- partner, kids, and Parents

Psy (real name Park Jae-sang) is currently married to Yoo Hye-Yeon. The couple has two children together, a son named Park Min-Jae and a daughter named Park Yoo-chae.

Psy’s parents are Park Won-ho and Shim Hye-Kyung.

Social Media Handles

Instagram– PSY (@42psy42)

Twitter- PSY (@psy_oppa) 

Tik tok– @42psy42

Let us get to know more about PSY’s personal and career life in this article.

How much money is Psy worth from Gangnam Style?

Psy has a net worth of 70 million dollars. Most of that money has come from his music career

How much money has Gangnam Style made?

In 2012, Korean singer Psy’s ‘Gangnam Style’ made $870,000 when it became the most popular YouTube video of all-time

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